Miller Homes extends 'MiWay' scheme in Leigh

If you started the new year worrying about your finances and think there is no way you can afford a stylish new home, then Miller Homes is urging you to think again.

After helping hundreds of buyers across the UK move into a brand new home in 2008, the multi award-winning housebuilder is affirming its commitment to homebuyers in the North West and continuing to make new homes more affordable by extending the availability of its successful MiWay scheme across 17 of its 21 developments in the region.

Almost 270 homebuyers were able to move into a new Miller home last year, thanks to the initiative which enables purchasers to buy a new home without having to pay the full purchase price up front, but still own 100 percent of the property from day one. The scheme allows buyers to pay 75% now and 25% later with help in the form of long term equity loan from Miller Homes, with no interest or rent to pay (see millerhomes.co.uk/miway for details).

One such buyer who found their perfect home with MiWay is Louise McMullen from Leigh, who bought a new two bed apartment at Miller Homes “Greenwich Gardens” in Leigh. Louise says: “Buying a home using Miller Homes’ MiWay scheme enabled me to get on the property ladder, as I was able to purchase a 2 bedroom apartment for a good price. I had been looking to buy an apartment but with the money I had saved being used as the deposit I wouldn’t have had much left to furnish it. Buying with MiWay meant I could use some of the money I had saved to buy things for my new home.

“I found the buying process straightforward, as Miller Homes recommended a solicitor and mortgage advisor so I didn’t have to find my own professional advisors. As the advisors I used knew about the MiWay scheme it made the whole process easier.

“I would encourage other young people to use the MiWay scheme to get on the property ladder. You can build up a lot of equity if you are willing to wait before selling your home, as the remaining 25% is interest free.

According to Sue Warwick, National Sales and Marketing Director at Miller Homes, the success of the scheme shows that confidence isn’t the biggest issue for most house hunters – it is affordability:

“We believe in creating opportunities for all homebuyers and our MiWay scheme goes a long way in helping homebuyers move into their dream home. MiWay strikes a real chord with purchasers as buyers generally find themselves able to access some of the more competitive mortgage deals on the market.

“People know that new homes represent great value for money and we are committed to assuring people that buying a stylish, high quality property is affordable with Miller Homes. New homes have never been more affordable, in fact there has never been a more opportune time to buy a new property, making it the best investment you’ll ever make.”

For further information on MiWay and the range of properties available, log on to millerhomes.co.uk/miway.