Letchworth homes receive seal of approval

It is one of the best endorsement’s a company receives when one of its own employee’s decides to invest in its products, and this is exactly what happened at Housebuilder of the Year, Miller Homes’ Letchworth development.

Within the current economic climate, first time buyers are struggling to get a foot on the property ladder but with Miller Homes MiWay scheme, owning a new home has never been more affordable. One recent purchaser at Miller Homes Letchworth development knew for certain that he was making the right move. Tom Davey, 24, has worked as a surveyor for Miller Homes for five years and after learning about the excellent benefits of the MiWay scheme, he bought his first home at the unique Letchworth development.

MiWay is an ingenious scheme which allows purchasers to pay just 75% of the properties value, with Miller Homes providing the remaining 25%. Purchasers still own 100% of the property and 25% of the home’s market value is simply paid back after ten years or when the property is sold. No rent or interest is paid on the remaining 25% and no deposit is required either, making MiWay ideal for first time buyers.

After actively searching for his first home for over a year, Tom found it increasingly difficult to try and find a property within his budget, however this all changed after Tom heard about MiWay. “I was becoming very disheartened about trying to find a new home as everything I viewed was just too expensive,” comments Tom.

After colleagues at work told Tom about the MiWay scheme which was available at Miller Homes Letchworth development, he decided to see for himself what was on offer, as Tom explains: “I knew as soon as I saw the development that it was where I wanted to live, however I didn’t think I could afford one of the homes until I learnt about MiWay. As I didn’t have a deposit, the MiWay scheme was perfect for someone in my position as it made my home a lot more affordable and the mortgage was easier to secure.”

Tom is now the proud owner of a two bedroom apartment at Miller Homes Letchworth development and he couldn’t be happier, “The whole MiWay process ran so smoothly and it was completely stress free. I never thought I would be in a position at my age to own a new home at such a sought-after development,” enthuses Tom.

Miller Homes at Letchworth is built on the site of the former Norton School, and comprises an exceptional selection of apartments and homes that have been carefully designed to sympathise with the school’s original architecture. Perfectly placed just 500 yards from Norton Common, and also offering easy access to the A1 (M) which links to the M25, the development benefits from the best of worlds.

Prices at Miller Homes Letchworth development start from £169,950 or with MiWay from just £127,463. For further information, log on to Millerhomes.co.uk.