First-time buyers in Nottinghamshire are being invited to a special evening event to help them on to the property ladder at The Vales, Bingham.

 The popular Miller Homes East Midlands development will be opening the doors of its recently launched marketing suite, from 4-8pm on August 4th, to first-time buyers looking to move using the Government-backed HomeBuy Direct (HBD) initiative.

The scheme offers those buyers who qualify the chance to purchase 100 per cent of a new property by paying only 70 per cent of the value up front. The remaining 30 per cent is equally funded by Miller Homes and the Government, becoming repayable after 25 years or when the customer sells their home, whichever comes first.

Paul Walters, senior sales manager at Miller Homes East Midlands, commented: "Many young people don't think they can afford to buy their own home so rule it out without looking at the options and instead turn to renting. HBD can give first-time buyers the opportunity to buy a brand-new quality home, but people need to move quickly to take advantage of the initiative.

"We will have an independent financial adviser on-site to show first-time buyers how easy it is to get on the property ladder by taking advantage of the HBD initiative."

Amongst the limited properties available through the HBD scheme at The Vales is the stylish two-bedroom Cavendish House first floor apartment, which is usually priced at £99,950, but available via HBD from £69,965.

Featuring a spacious lounge-kitchen area and light and airy bedrooms, the apartment also benefits from its own parking space, making it ideal for first-time buyers looking to get on the property ladder.

Paul continued: "We've seen a huge increase in demand at The Vales since the launch of the showhome, with more visitors at the development week-on-week. For anyone who reserves a property at The Vales at the HBD event, we will include free flooring throughout."

Situated just a few minutes walk from the centre of Bingham, The Vales has a welcoming community. With its green recreational spaces and open farmland to the south, this superb development of modern homes combines a peaceful, relaxing ambience with excellent transport links.