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A brand new apartment at a fraction of the price

18th December 2008 Print
A brand new apartment at a fraction of the price Seen some excellent prices and heard about shared-ownership initiatives, but don't know what it all really means to you? What about a whole weekend dedicated to explaining the different home buying assistance packages and finance options out there - with no obligations? National housebuilder Miller Homes is responding to the nationwide confusion by hosting a ‘deals explained' weekend at its popular Valley Gardens development in Bradford.

Miller's trained sales advisers and independent financial advisers, Total Mortgage Solutions, are on hand this weekend (20th and 21st December) to answer any questions regarding the property market and mortgage options available. As well as advising visitors just how to purchase a two bedroom apartment for just 75% now and 25% later - which means, brand new apartments at Valley Gardens can initially be bought for just £63,000.

Jan Hanaby, area sales manager for Miller Homes Yorkshire said: "It can be quite confusing as we are constantly being bombarded with information about the housing market and different incentives. It is true there has never been so many initiatives designed to help buyers from all walks of life, although the sheer quantity of offerings can be confusing and ultimately distract buyers from their original goal of buying a home.

"We have created these specially designed weekends, which will be running across sites throughout Yorkshire, to help potential homebuyers make the right decisions for them."

Bradford City Centre based, Total Mortgage Solutions, is experienced in advising all types of people about the best finance available, no matter what their situation. The company has particular expertise in finance for investment purposes and its directors and qualified advisors, Sony Boughan and Kinder Sohal, speak a variety of languages including Urdu and Punjabi allowing them to converse and advise all potential homebuyers within the Bradford area.

One initiative that househunters can have explained to them is Miller MiWay. Under this buyers will own 100% of their property but pay only 75% of the price now and 25% later. Customers can arrange their own finance for 75% of the purchase price and Miller Homes will provide a 0% APR loan for the remaining 25%, secured by a second mortgage. Customers repay the loan by paying back 25% of the value of their home when they sell or transfer it, or after 10 years - whichever comes soonest.

Jan continued: "It's all about choice, we as consumers demand choices and expect to be given options no matter what situation we find ourselves in. Shared equity initiatives have recently received some negative comments, although for those people who are spending their money on renting and cannot raise enough of a deposit to purchase their own house, these are an excellent alternative."

Valley Gardens is situated on Rhodesway, and is located between the beauty spots of Chellow Dene and Clayton Beck and has convenient transport links to both the city centre and nearby countryside. Miller also has two other developments within the Bradford area, Stonegarth near Bolton Woods and Flaxton Court in Tyersal.

For more information, log on to Millerhomes.co.uk.

The excellently priced apartments at Valley Gardens start at just £84,000.

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A brand new apartment at a fraction of the price