Linden Homes Western is experiencing a surge in interest from home buyers since the launch of the Government’s new Help to Buy** scheme.
The initiative is open to all qualifying home buyers of new-build properties in England up to the value of £600,000 – not just first-time buyers.
Sue Scholfield, Sales Director, said: “We have seen a lot of interest in Help to Buy at our Kingston Mills development, The Island, in Bradford-on-Avon, and we have already helped a number of home buyers get on – or move up – the property ladder.”
Under the scheme, the Government provides an interest-free loan for the first five years of up to 20% of the property value. This means that, with a minimum deposit of 5%, a new home can be secured with a 75% mortgage. The Government loan can be repaid at any time or on the sale of the property.
For further information call 0844 417 3947.
** Subject to status, ‘Help to Buy’ Terms & Conditions and available on selected properties in England only. Eligible applicants will be offered an equity loan up to a maximum of 20% of the purchase price (based on the open market value). Applicants are required to fund at least 80% of the purchase price by means of a conventional mortgage, savings/deposit where required. The equity loan is provided by the HCA and held as a second charge. This offer is not available in conjunction with any other promotion. Full details will be provided on request.
* Subject to scheme rules and not available in conjunction with any other offers
Media enquiries: Samantha Stagg or Madeleine Hardman, James Reed Public Relations Ltd Tel: 0117 929 0405 or email: Samantha@jamesreedpr.co.uk
08 May 2013
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