HomeBuy Direct events held in Leicestershire

First time buyers, key workers and expanding families throughout Leicestershire are being invited to David Wilson East Midlands’ Home Buy Direct weekends to find out how this new Government scheme could help them get a foot up the property ladder.

These special events are being held this weekend, the 11th and 12th April at Kibworth Meadows and Humberstone Lodge.

The recently launched Home Buy Direct initiative is a new scheme that allows purchasers to buy a property for just 70 per cent of the price, David Wilson and the Government will fund the remaining 30 per cent via an equity loan which is interest free for the first five years and is payable when the home sells.

The aim of the initiative is to help first time buyers, key workers and families currently living in rented accommodation get a foot on the property. It can also help families who have a household annual income of less than £60,000 facilitate a move up the property ladder.

This scheme is available on selected properties at Kibworth Meadows in Kibworth Harcourt and Humberstone Lodge in Humberstone.

Philip Lacey, Sales Director for David Wilson comments “We’ve allocated 15 homes to the Home Buy Direct scheme at Kibworth Meadows and a further 13 at Humberstone Lodge, which I’m hoping will help more potential homeowners make their move.

“First time buyers, key workers and expanding families needing an extra room to accommodate their needs could be eligible for this scheme as well as families who are living in rented accommodation or have a combined annual income of less than £60,000.

“This is a fantastic deal which aims to make moving home as affordable as possible which will undoubtedly come as a welcome helping hand during the current economic climate.

“More than 600 potential purchasers have registered their interest in this scheme via the internet but if you want to find out more, come along to our home buy direct events this weekend.”

Located on Wistow Road, Kibworth Meadows is David Wilson’s flagship development and offers a superb selection of one-, two-, three-, four- and five-bedroom homes in a sought after village location. Prices at the development start from £99,950, £69,965 with Home Buy Direct.

Humberstone Lodge in situated on Danbury Place and is a collection of 77 privately owned new homes. Comprises a range of one-, two- and three- bedroom homes, with prices starting from £179,995.

To find out more, log on to dwh.co.uk.