Seddon Blog

Seddon Homes increase allocation of FirstBuy equity loans available to first-time buyers in Castleford

Posted on February 15th, 2013

Following the news that first-time buyers entering the UK housing market has reached a 5 year high, Seddon are very pleased to announce that for a limited period they are able to offer an increased number of the government backed FirstBuy equity loans at Silkstone, their new home development in Castleford.

Silkstone is an imaginatively conceived development of new homes in Castleford. This fabulous development situated in Fryston offers a huge variety of stylish new houses. A full range of property sizes are available from a variety of two bedroom homes just perfect for the first time buyer to spacious three and four bedroom houses ideal for families.

Under the FirstBuy scheme, 20% of the deposit for a new home can now comprise an equity loan funded jointly by the government’s HomeBuy agency and Seddon Homes. The loan is interest free to first time buyers for 5 years. They will need to pay it back when they sell the property, or after 25 years.
In practice it means people new to the property market only need to find enough savings to pay a 5% deposit up-front.

Seddon Homes sales and marketing director Denis Maddock expects a new surge of interest in first homes at this development.

“Whether you are a couple looking for your first step onto the property ladder or a young family looking to buy your first home, this increased allocation of FirstBuy in Castleford could help you make that move.”

This increased allocation is only available for a short time, and sales must complete by 28th March, so contact Seddon Homes and secure your home today.

For more information contact the Silkstone marketing suite on 01977 512825 or visit Our show home is open Thursday — Monday 10am — 5pm.

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