Miller shows buyers the direct way to a new home

Multi-award winning housebuilder, Miller Homes East Midlands, is set to unveil its latest luxury show apartment at an event to give potential buyers a glimpse of how they could easily get on to the property ladder and make a new house a home.

House-hunters are being invited to visit Little Heron Mews, an exclusive development situated off Wilsthorpe Road in Long Eaton, on 27 and 28 June, between 11 am and 4 pm, to take peak at the new two-bed apartment whilst learning more about the how the Government-backed Homebuy Direct scheme could offer them an affordable way to buy a new home.

Homebuy Direct has been carefully structured to enable people to take an equity loan of up to 30 per cent of the purchase price which will be co-funded by Miller Homes and the Government.

This means that they will only need to find a mortgage to cover 70 per cent of the purchase price but can still own 100 per cent of the property. The loan, on which there is no interest to pay for the first five years, is only repayable after 25 years or when the customer sells their home, whichever comes first.

Joy Goodman, sales director at Miller Homes East Midlands commented: “We hope this weekend will boost the confidence of potential purchasers and allow them to envisage the kind of lifestyle that’s available to them, and how very affordable it is to achieve.

“Property is still one of the best long term investments that you can make, and thanks to schemes such as Homebuy Direct, we believe that many more people will be able to achieve their dreams of owning a new home.”

Nestled on the Nottinghamshire and Derbyshire border, Little Heron Mews is the first development Miller Homes has launched in the historic town of Long Eaton and is ideally placed for those wishing to enjoy the subtleties of suburban life, whilst still being within easy reach of both Nottingham and Derby’s bustling city centres.

A selection of one, two and three-bedroomed homes are available at the development, with prices ranging from £84,950 for a contemporary loft-style Chaucer apartment, to £154,950 for a stylish Tolkien townhouse.

Independent financial advisors will be on hand at Little Heron Mews throughout the open weekend to offer guidance to interested parties.

Details about all Miller Homes East Midlands’ developments can be found at millerhomes.co.uk/explore/EastMidlands.