HomeBuy Direct event in East Ardsley

Following hot on the heels of the successful HomeBuy Direct evening, Miller Homes is offering discerning homebuyers the chance to discover the delights of HomeBuy Direct once again, this weekend, at the housebuilder’s Stonebridge Fold development in East Ardsley.

Miller Homes is hosting a HomeBuy Direct weekend dedicated to explaining the advantages and offering advice to homebuyers about the Government backed scheme, which aims to get people onto the property ladder.

Ross Clarkson, senior sales adviser for Miller Homes Yorkshire said: “We have had a great response from local homebuyers wanting to get their foot on to the property ladder although they may not have the necessary deposit to do so. Out of the 15 properties we have been allocated the HomeBuy Direct funds for we have got 8 reservations, which leaves only 7 properties available!”

As part of the Government’s £400 million HomeBuy Direct Scheme, Miller Homes released just 15 plots at Stonebridge Fold under HomeBuy Direct. Purchasers have the opportunity to purchase 100 percent of their home by paying 70 percent of the value, with both Miller Homes and the Government equally funding the remaining 30 percent. The 30 percent equity loan will only become repayable after 25 years or when the customer sells their home, whichever comes first.

One of the big bonuses of the scheme is that the equity loan is only repayable after 25 years, and there is no interest payable for the first five years.

Ross continued: “The scheme is designed to assist first time buyers, key workers and people re-entering the property market. It will help more people who have found it almost impossible to get a foot on to or climb up the property ladder, either due to the tightening of mortgage lending or because they have struggled to raise the deposits they need to secure a new home. But I would strongly urge anyone wanting to own their own home to visit this weekend and, if eligible, secure one of the last remaining HomeBuy Direct plots.”

One example of a home available under the scheme is the stylish one bed apartment priced from only £80,000. Although through HomeBuy Direct the purchaser will only be required to find the funds for just 70 percent of this value, just £56,000. Other choices of homes available on HomeBuy Direct at Stonebridge Fold include, the larger than average three bed Belfair for just £113,400 the normal price is £162,000 and the family sized four bed Witham for as little as £108,500, normal price £155,000.

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 HomeBuy Direct, visit Stonebridge Fold Thursday – Monday 10.30am to 5.30pm or visit millerhomes.co.uk/homebuy. For general information on Homebuy Direct visit direct.gov.uk.