£79,996 for a Miller Homes flat in the Capital

Savvy parents, first time buyers and investors are snapping up fantastic properties at Miller Homes Varcity North development in Edinburgh. With Miller Homes offering a range of 100% ownership incentives, the contemporary Type 1 one-bedroom apartment is available for just £79,996.

Varcity North is a contemporary development offering 209 one, two and three bedroom apartments across five campuses. Purchasers who have all been looking for a quality city apartment, in a good location and competitively priced, need look no further.

With a good-sized open-plan lounge and dining area, together with a substantial master bedroom, a sense of space flows throughout. The apartments combine functionality and style, making them an attractive base in the capital and just minutes from the Shore and Inverleith Park, easily accessible by foot, bus or car.

Miller Homes offers a no-deposit, 100% funding package to help first time buyers move into their dream home. This consists of an 85% mortgage (provided by Lifetime Planning) and a 15% top up loan (from Miller Homes). Applicants for the 100% scheme must be over 21, in permanent employment and be able to demonstrate clear affordability.

Alternatively, Miller Homes own initiative, MiWay, enables housebuyers to own 100% of their home immediately whilst only needing to find finance for 80-85% of the purchase price. Eligible buyers secure their own mortgage (80-85% of the purchase price) and receive a loan from Miller Homes for the remaining 20-15%, repayable within 10 years or on the sale of the property if earlier. Typical example: Type 1 price is £99,995 and with a 20% loan, the mortgage price is £79,996.

Anne Marie Britton, Sales Director for Miller Homes Scotland East said: “Varcity North offers a fantastic city home, which is attractive to a range of housebuyers looking for a quality apartment at exceptional value for money.

“At Miller Homes, we appreciate how difficult it can be for some people to get onto the property ladder. I am delighted that we now have a number of incentives in place to suit the individual needs of housebuyers and help them secure their new home.

“Once they have seen what is on offer for an incredible £74,000, they will see how difficult it is to match the quality, standards and location in that price range anywhere else.”

For more information, go to millerhomes.co.uk.