Move into a new home for Christmas at Mill Green

With properties in East Leeds on the market for an average of 221 days, local homeowners are now facing the prospect of being unable to move home until 2010 in spite of efforts to secure their dream home before Christmas. 

“Once we entered October, the main focus for many homebuyers was to ensure that they would be comfortably in their new home for Christmas” comments Stacey Tomlinson, sales advisor at Persimmon Homes West Yorkshire’s nearby Mill Green development.

“However, with the housing market only just beginning to emerge from the effects of the economic downturn, for the thousands of local homeowners the aim of starting the New Year in a new home is simply no longer realistic.”

For house hunters looking to buy a brand new home, a number of Government initiatives, such as HomeBuy Direct, have been launched to help buy a home in a more affordable way; nevertheless such schemes can still take a number of months to complete.

As a result of this, leading housebuilder Persimmon Homes West Yorkshire is offering the potential for Shared Equity on local properties that are already to move into before Christmas.

Shared Equity allows the purchase of 100% of a property at a percentage of the price. The remaining percentage of the market value is only payable to Persimmon when you sell your property, or within ten years, whichever comes first.

Two bedroom apartments at Mill Green, located just off the Leeds Outer Ring Road, are properties where homebuyers can take advantage of Persimmon’s Shared Equity, ensuring the development is ideal for first time buyers.

Lawrence McGeehan, sales director for Persimmon Homes West Yorkshire says: “East Leeds is an area of continued investment and development and this is precisely what we’ve done at Mill Green. The creation of chic but affordable apartments in a vibrant city like Leeds represents outstanding value for money without any compromise in quality and Mill Green underlines Persimmon’s continued commitment to helping first time buyers onto the property ladder.

Available from just £99,999 the apartments comprises of two bedrooms, with the large master bedroom boasting an en suite, separate bathroom and open plan lounge and kitchen diner.

For more information about the Shared Equity opportunities available at Mill Green, visit the sales office or visit persimmonhomes.com.