Affordable new homes for the Leeds area

It’s official homes just got more affordable especially for first time buyers in the Yorkshire region. A recent report by HBOS plc states that ‘property prices became more affordable for someone on average earnings in four out of ten Local Authorities in Yorkshire and Humber’ between 2007 and 2008. A 40% increase from 0% before 2007.

National housebuilder Miller Homes is pleased with the report figures and has released its latest affordable homes for people in the Leeds area. The award winning housebuilder has priced its one bedroom apartments, at its Stonebridge Fold development in East Ardsley, from just £69.25 per week using the company’s acclaimed MiWay initiative.

Jan Hanaby, regional sales manager for Miller Homes Yorkshire said: “New homes haven’t been this affordable for years. Asking prices have come right down and, for the right buyers, interest rates are following suit. Many of our buyers are now finding that they can afford to buy new.”

The Miller MiWay has helped almost 270 homebuyers afford a new Miller home last year. Purchasers are able 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).

All apartments at Stonebridge Fold boast airy, open plan living areas with a large integrated kitchen, spacious bedroom with fitted wardrobes and a contemporary bathroom. Selected plots also have the added luxury of a Juliet balcony with French doors.

The properties also come with other added extras including chrome down lighters, integrated washer/dryer, a stainless steel sink with an eye-catching monobloc tap and a thermostatic shower.

Jan continued: “This deal has been designed to enable househunters to buy with confidence. It means they don’t have the worry of finding the funds for a deposit and they know that the little investment now of only £69.25 a week will enable them to have a beautiful brand new home worth £80,000.”

East Ardsley is a perfect location for commuting to any of the major towns and cities in West Yorkshire with excellent transport links to all major road and rail networks. It is conveniently situated just two miles from the centre of Wakefield and only six miles from Leeds. The M1 and M62 motorways are nearby and the main A650 from Wakefield to Bradford also goes through the village. East Ardsley itself offers an excellent range of shops and the White Rose shopping centre that is only three miles away.

If you would like more information about affordable living with Miller Homes visit Stonebridge Fold Thursday – Monday 10.30am to 5.30pm or log on to Millerhomes.co.uk.