Pictured above: The apartments at Heritage View,
Buxton.
Miller Homes East Midlands is inviting househunters to visit its
exclusive Buxton development, Heritage View, to discover how a
Government-backed initiative could help them to take their first
steps on to the property ladder.
Between 11am and 4pm on September 26 and 27, Miller Homes is
opening the doors to the popular development, situated on Leek
Road, so that potential house-buyers can come along and learn more
about whether they qualify for Homebuy Direct - a shared-equity
scheme aimed at those in need of an affordable housing
solution.
Homebuy Direct has been carefully structured to enable people to
take an equity loan of up to 30 per cent of the purchase price
which will be co-funded by Miller Homes and the Government, meaning
that households earning less than £60,000 will only need to
find a mortgage to cover 70 per cent of the purchase price, but can
still own 100 per cent of the property.
One of the big bonuses of the scheme is that the equity loan, on
which there is no interest to pay for the first five years,
is only repayable after 25 years, or when the customer sells
their home, whichever comes first.
Joy Goodman, sales director at Miller Homes East Midlands, which
this year is celebrating its 75th anniversary commented: "With
trained sales staff and independent financial advisors on hand to
answer any questions, we hope this weekend will boost the
confidence of potential purchasers and prove that buying a new home
could really not be any easier and more affordable than it is right
now.
"Property is still one of the best long term investments that
you can make, and thanks to schemes such as Homebuy Direct, we
believe that many more people will now be able to achieve their
dreams of owning a new home."
Situated in the heart of the Peak District National Park,
Heritage View is to the south west of the spa town of Buxton and
offers something for everyone, whether it's the outdoor life or the
easy commute to Manchester, Derby or Sheffield.
HomeBuy Direct is currently available on six, imaginatively
laid-out two-bedroomed apartments, with prices starting from
£75,565 using the scheme.
Those interested in visiting the event to learn more about
HomeBuy Direct at Heritage View, can pre-arrange an appointment
with an independent financial advisor by calling the Sales
Information Centres on 0800 840 8648. Advisors will be available
throughout the weekend, between 11am to 4pm.