June 28th, 2013
Seddon Homes has been given the green light to help prospective buyers at its Boundary Walks development in Longsight, Manchester with the new Government Help to Buy scheme. Help to Buy is an “equity loan” scheme where the Government loans up to 20% of the value of a new home and because you only need to find a minimum 5% deposit you only need 75% mortgage.
Boundary Walks is a modern development of just seven 4 bedroom homes on the old Longsight Cricket Club site that is being extensively redeveloped.
Each home will feature a generous specification including superb kitchen including stainless steel appliances such as oven and 5 burner hob, plus a generous rear garden.
Denis Maddock, sales and marketing director said “We recognise that for many people this is still a difficult economic climate which is why we have strived to ensure these homes represent terrific value for money all round. An added bonus for buyers is the large rear garden that comes with each plot, a feature rarely found in city homes.”
“Now, with the assistance of Help to Buy, these homes are more in reach than ever as buyers can take advantage of a low deposit, and lower monthly repayments. The loans are available to anyone purchasing a property up to the value of £600,000 and are subject to the appropriate lender’s credit and affordability checks.
“As the scheme is open to existing homeowners as well as first time buyers, it really will make the aspiration of new home ownership a reality for many more people.”
To find out more about Help to Buy, or to register interest in this development contact our Property Shop:
T: 0161 224 7435