Quality new homes at affordable prices near Selby

First time buyers looking for an affordable home of their own in Hambleton, near Selby, should act fast if they want to take advantage of a Government-backed scheme.

HomeBuy Direct is available on a limited number of Redrow homes at Mulberry Grange and means a new home can be bought at a fraction of the normal cost.

Patsy Aicken, sales manager for Redrow Homes (Yorkshire) said: “HomeBuy Direct offers eligible customers the opportunity to take out an equity loan of up to 30% of the purchase price of a brand new home. It’s the smart way for first time buyers to step onto the property ladder and invest in a stylish new home at a price they can afford.”

Current availability at Mulberry Grange includes designs from Redrow’s New Heritage Collection, which combines traditional exteriors influenced by the ‘Arts and Crafts’ era with bright, modern interiors.

With HomeBuy Direct a two-bedroom home priced at £140,000 could be yours for an initial outlay of just £98,000.

“HomeBuy Direct is all about giving first time buyers the opportunity to take that first and often tricky step onto the property ladder. Because they receive an equity loan of up to 30%, which is interest free for the first five years, purchasers should only need a relatively small deposit and to apply for a mortgage with a maximum loan-to-value of 70%.

“This will generally give them access to much improved mortgage interest rates without the need for a large cash deposit,” Patsy explained.

“Buyers who want to take advantage of this valuable help should act fast as it’s only available on selected properties and for a limited time.”

HomeBuy Direct is open to people with an annual household income of less than £60,000, including first time buyers and those re-entering the property market following a change in circumstances, e.g. divorce or the breakdown of a relationship.

“All Redrow homes feature contemporary kitchens and modern bathrooms with quality fixtures and fittings,” Patsy commented. “Not only can our customers relax in the style and comfort of a brand new home, but they’ll also enjoy peace of mind, knowing that it’s covered by a 10-year ‘Buildmark’ guarantee.”

Nestled in the beautiful Yorkshire countryside, residents of Mulberry Grange can enjoy a range of amenities close to home. It’s also just a short distance away from Selby, with good transport links to Leeds, York, Bradford and Wakefield.

For more information visit the show homes, open Thursday to Monday from 10am to 5.30pm, or log onto: redrow.co.uk