New Deal For New Homes
23 May 2013

Linden Homes has combined some of the best incentives and schemes currently available to make it as easy as possible to buy a new home at its innovative and stylish Northfields development in Colchester.

It is offering a chance to take advantage of the Government’s new Help to Buy* scheme, which was announced in March, as well as offering to pay the stamp duty on selected homes.

Help to Buy is a Government backed equity scheme that enables buyers to purchase a new home with just 5% deposit and a 20% Government equity loan – a loan that can be repaid at any time within the first 25 years.

You provide the 5% deposit; your mortgage company lends you 75% of the value of the house, leaving 20%, which is the portion that the Government will lend to you - interest free - for five years. It applies to any home valued at £600,000 or less.

Often, buyers are so focused on finding the deposit they need that they may forget some of the other costs associated with buying a home – stamp duty for example.

Adam Champion from the New Homes Group says a new scheme has been prepared to alleviate the problem of Stamp Duty for some buyers:

“We are unveiling a new scheme that has been created in conjunction with Halifax. The scheme means, in addition to the Help to Buy scheme, there is also an opportunity for your Stamp Duty to be paid for you. This is available on new homes up to the value of £250,000 as long as you complete before the 8th July 2013.”

This exclusive scheme is available at Linden Homes’ Northfields development in Colchester. The award winning collection of homes has effectively created a new community for Colchester. Its contemporary buildings, wide tree lined boulevards and peaceful atmosphere are flanked by green, open spaces – yet Northfields is within walking distance of Colchester railway station.

There are currently 1 and 2 bedroom apartments and 2, 3 & 4 bedroom homes available at Northfields. Interested buyers who move now could even be in their new home by the end of June.

For more information on the homes at Northfields, Help to Buy, or the new offer for stamp duty to be paid on selected homes, please call 0844 488 1861. You can also visit the sales and marketing suite on site. It is open daily from 10am to 5pm.

*conditions apply

-ENDS-

For further information, contact Claire McCowan or Tracy Mannion at Remarkable Public Relations on 01962 893 893 or Claire.McCowan@remarkablegroup.co.uk

References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes, Drew Smith, Vistry Ventures or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.

All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.