A helping hand to a home of your own

Think that a new home is out of your reach? Think again – a newly launched government initiative could mean that with a mortgage of as little as 50% of the purchase price, a new home at Jelson Homes’ popular Flinders Park development in Spalding could be yours.

Designed to help first time buyers, key workers or those presently living in rented social housing and with a household income of less than £60,000 to purchase a home of their choice on the open market, the ‘MyChoiceHomeBuy’ scheme could be the key to the home of your dreams.

With a low interest loan of between 15 – 50% of the value of your new home to ‘top up’ a mortgage of your choice from a range of lenders, this scheme could seriously boost your purchasing power.

In addition to your mortgage payments, small payments on the ‘MyChoiceHomeBuy’ loan are made on a monthly basis at around 1.75%, with the balance of the loan due for repayment when you either sell the property or have paid off your mortgage. The property will be re-valued and your final repayment will be based on the percentage you owe of the property’s latest value – so whether prices rise or fall, you get a fair deal. But with funds available on a first-come-first-served basis, you will have to hurry - so visit Flinders Park and choose your new home soon.

To take advantage of this exciting new initiative, you first need to decide which brand new home at Flinders Park best suits your needs. There is a range of properties available to suit a variety of family types and sizes – from 1 bedroom apartments with garage to 2, 3 and 4 bedroom houses. Jelson’s friendly sales advisors will be on hand to discuss your requirements and once you’ve chosen your new home, all that remains is to put your application forward - further information on how to do this can be provided on site.

In addition to a great choice of homes built to Jelson’s traditional standards, Flinders Park is within walking distance of Spalding’s excellent amenities which include a range of high street shops and banks, supermarkets, eateries and leisure facilities. For those wanting to get away from it all, the surrounding countryside is ripe for exploration. Commuters benefit from good road and rail links to Peterborough and Boston, while families can rest assured that there is a good selection of schools in the area.

Visit Flinders Park and find out whether MyChoiceHomeBuy could be the key to the home of your dreams. Prices start at just £119,950 for a 1 bedroom apartment, and £131,950 for a 2 bedroom townhouse. The show home is open from Thursday to Monday, 12.00noon - 5.00pm. For the latest availability visit Jelson.co.uk.