Bigger homes for Doncaster buyers
Doncaster buyers looking for a brand new home with more space can now spread their wings for less at Danum St Giles, thanks to a government-backed help scheme.
HomeBuy Direct gives eligible buyers access to an equity-free loan for up to 30% of the purchase price of their new home, and the good news is it’s now available on a number of three and four-bedroom Redrow homes at Danum St Giles.
The scheme has already helped hundred of buyers across England from first timers to growing families secure their ideal home.
It means that the three-bedroom ‘Malham’ can be purchased from just £108,465 and the four-bedroom ‘Neale’ town house for an initial outlay of only £114,240. Both properties offer a versatile layout spread over three floors.
Patsy Aicken, sales manager for Redrow Homes (Yorkshire), explains: “The equity loan is jointly funded by the Homes and Community Agency and Redrow. Crucially, it’s interest-free for the first five years. It means that eligible customers could own a brand new home of their own for a fraction of the normal cost.”
First time buyers, key workers, people re-entering the property market after a relationship break-up and families facing overcrowded accommodation are among those who can apply for these homes – provided their annual household income is less than £60,000.
Customers will own 100% of their home from day one – but only have to pay between 70 and 85% of the purchase price. They can start purchasing the remaining share in instalments after just 12 months.
Patsy added: “With Redrow matching government pound for pound to provide the 30% equity loan, no need for a large cash deposit and the loan being interest free for the first five years, HomeBuy Direct is the smart way for people to get the new home they’ve always wanted at a price they can afford.”
Danum St Giles is situated in the Scawthorpe area of Doncaster, just three miles north west of the city centre and its wealth of bars, restaurants and shops. Bentley railway station is under half a mile away, and regular services run to Doncaster, Leeds, and Sheffield – making it ideally located for commuters.
Patsy concludes: “Danum St Giles ticks all of the boxes when it comes to quality, location and price; a visit to the development and a tour of our fully furnished show homes should satisfy even the most discerning home buyers that this is the place for them.”
For further details visit redrow.co.uk.
The benefits of HomeBuy Direct are explained in a short customer friendly film at: redrow.tv/Buying-Guides/Home-Buy-Direct.