Miller Homes extends HomeBuy Direct in Leicestershire

Award-winning housebuilder Miller Homes East Midlands has extended a Government-backed scheme that has successfully increased confidence in the new homes market.

The Homebuy Direct (HBD) scheme means that those who qualify have the opportunity to purchase 100 per cent of a property by paying only 70 per cent of the value, with both Miller Homes and the Government equally funding the remaining 30 per cent.

The 30 per cent equity loan will only become repayable after 25 years or when the customer sells their home, whichever comes first, and there is no interest payable for the first five years.

The scheme has previously been only available on selected plots across certain sites but has now been introduced at a number of Miller Homes’ other developments, including Trinity Park in Barrow upon Soar.

Joy Goodman, sales director for Miller Homes East Midlands, which this year celebrates its 75th anniversary in housebuilding, commented: “The HBD scheme has proved to be immensely popular, injecting confidence into the housing market and allowing people the affordability to get on to the property ladder.

“By extending this initiative on to these further developments we will be able to help even more people looking to make a secure long term investment than ever before.”

HBD is now available on three plots at Trinity Park, which is situated in an enviable countryside location on the western edge of Barrow upon Soar, close to Loughborough and Leicester and exceptionally convenient for the commuter.

One of Miller Homes’ most popular house-types, the three-bedroomed Auden townhouse, now has one plot available from £149,765 using HBD, while there are two stylish and spacious four-bedroomed Churchill-style townhouses available on HBD for as little as £171,465.

For more details about the HBD scheme or Miller Homes East Midlands, visit millerhomes.co.uk/explore/eastmidlands.