Rush for Miller Homes 'Urban Space’

You may be mistaken if you believe houses are not selling. The proof lies in the Miller Homes ‘Urban Space’ development. The housebuilder of the year confirms news of the increased demand, moving the development schedule up a pace.
Kay Halls, Sales Manager said: “22 properties have been sold since the start of the year at ‘Urban Space’ and visitor levels and numbers of potential buyers shows no sign of weakening. The combination of a prime location, attractive prices, high specification and our MiWay option [pay 75% now, 25% up to ten years later or when the property is sold] is proving a winning formula for sales success.”
The new apartment releases are of the ‘Daresbury’ and ‘Carrington’ designs. Both spacious 2 bedroom apartments with en-suite master bedroom and car parking. Priced from £99,950, With Miller Homes ‘MiWay’ option, you can own and move-in to a luxury apartment for just £74,962 now. This is proving a better option than renting a property.
MiWay offers customers the chance to pay ‘75% now, 25% later’, yet still own 100% of their property. Through the scheme, buyers can find themselves in a much stronger position when applying for finance. With Miller Homes effectively putting down a 25% deposit for the new home, buyers will be eligible for 75% mortgage schemes, which generally come with more competitive interest rates.
Another MiWay benefit is that Miller Homes is offering to share some of the risk of any potential fall in house prices. When the loan term is up after ten years, or earlier if the buyer chooses to sell before the end of the term, the amount repayable will depend on the open market valuation of the property at that time. If the price of the property has gone up, buyers will pay 25% of the increased value but if it has gone down they will only have to pay 25% of the decreased value.
Last 4 houses available
The last four houses at ‘Urban Space’ are now released. They are all 4 bed family homes and are offered with carpets and turfed rear gardens; two ‘Beckett’ and two ‘Gissing’ designs., priced at £169,995 and £159,995 respectively. The ‘Beckett’ are former view homes and have the added features of curtains and light fittings included in the price.
For more information, log on to millerhomes.co.uk.