Jump a rung of the property ladder at Royal Gardens

House hunters in Daventry are able to set their sights higher at Miller Homes Royal Gardens development thanks to the Government  backed shared equity initiative, HomeBuy Direct.

The development, on Ashby Road, has several properties remaining available on the scheme providing a unique opportunity for customers who thought that their limit may be a 1 or 2 bedroom home but can actually aspire to 3 or 4 bedroom properties.

Linda Androlia, sales director at Miller Homes West Midlands, explains: “Purchasers can skip buying a one or two bed starter home thanks to HomeBuy Direct. It makes three and even four bed properties that were previously out of reach more affordable.”

HomeBuy Direct, introduced by the Government earlier this year, offering buyers the opportunity to purchase 100 percent of their home by paying from 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.

Linda Androlia added:  “This has been a very successful scheme in terms of attracting buyers into the property market. It is not only first time buyers that are able to benefit from the scheme but also those house hunters looking to expand further, allowing families to also move up a rung on the property ladder and enjoy three and four bedroom housing.”

Royal Gardens offers an attractive location, set just 15 minutes walk from the lively centre of Daventry and even closer to the beautiful Daventry Country Park with its lakeside panoramas and wildlife – residents are able to enjoy a whole host of local amenities alongside a peaceful rural setting.

However, time is running out, as Linda warns: “We recommend that prospective buyers are quick to express their interest as we have limited properties available on the scheme and they won’t last forever - purchasers only have until 18th December to reserve a property using the initiative.”

The development is located on Ashby Road just outside the centre of Daventry, easily accessible from junction 16 of the M1. There is a selection of three and four bed properties available from £174, 950 or, with HomeBuy Direct, for just £122,465.

For further information visit millerhomes.co.uk.