Unlock the door to home ownership in Telford

Buyers in Telford can step onto the first rung of the property ladder with the help of a Government-backed scheme.

Amanda Benjamin, sales manager for Crest Nicholson (Midlands), said: “Some people dream of owning their own home yet resign themselves to a lifetime of renting, but it doesn’t have to be that way. With HomeBuy Direct available on selected properties at Lightmoor Green those dreams could soon become a reality.”

Eligible customers can take advantage of an equity loan for up to 30% of the purchase price of their new home. Partly funded by the Homes and Communities Agency and Crest Nicholson, the equity loan is interest free for the first five years.

“If your household income is less than £60,000, you’re a key worker or you can demonstrate that your family needs to move to a larger property but you’re being held back by financial constraints you’re likely to qualify for HomeBuy Direct,” Amanda explained.

“You will own your new home immediately but will initially only have to pay between 70% and 85% of the purchase price. It means a two-bedroom home at Lightmoor Green could be yours for an initial outlay of less than £90,000. And after 12 months you can start purchasing the remaining share in instalments.”

The Sandown is available on the open market from £128,500 or £89,950 with HomeBuy Direct; while the Sandhurst is priced at £154,950 or £108,465 utilising the equity loan.

“HomeBuy Direct has helped many buyers step onto the property ladder. The two-bedroom properties at Lightmoor Green make ideal starter homes for those who want to live independently without wasting their hard earned cash on rent,” Amanda commented.

Lightmoor Green is Crest Nicholson’s flagship contribution to Lightmoor Village, which is being created to the west of Telford. The new Crest Nicholson homes are in a prime position at the hub of the new village, while nearby Telford meets residents’ shopping, work and leisure needs.

For more information about the homes available at Lightmoor Green, log onto: crestnicholson.com/lightmoorgreen