Help for first time buyers and key workers

With signs that the housing market is picking up, Stamford Homes is helping first time buyers and key workers at its new development in Leicestershire. Stamford Homes’ newest development - Ashby Heights in Coalville – is offering a shared equity scheme which provides an affordable way of getting on the housing ladder.

And what makes the Homebuy Direct scheme between developer and the Government even more attractive, is that people earning more than £25,000 pa can now apply to purchase a home of their own.

In simple terms, the Government and Stamford Homes will each provide up to 15 per cent of the shared equity, with the balance being mortgageable through many major lenders – and with the possibility of no deposit to pay.

Ashby Heights will boast a selection of one, two, three and four-bedroom homes – with the first due to complete this autumn.

The development itself is perfectly positioned close to the local primary school and town centre, and many of the new homes will enjoy extensive views across parkland and playing fields.

These will range in style from coach house apartments to trendy townhouses, terraced and detached homes. The mix offers something for everyone looking to move to a relaxed environment, where the designs will suit both traditional and more contemporary housing tastes.

Work has already started at the development, and the first homes are due for completion this autumn, and current prices start from £130,000.

Stamford Homes regional sales and marketing director, Peter Bond said: “It’s fantastic that we are able to provide this scheme on homes at our newest development, in Leicestershire. It has certainly proved popular with other developments across the region.

“It means that first time buyers, key workers or people needing to upsize will have an opportunity select the home of their dreams at a price they can afford.

For more details – visit stamford-homes.co.uk.