Miller makes moving more affordable for first-time buyers

Miller Homes East Midlands is inviting Lincolnshire residents to take advantage of the HomeBuy Direct (HBD) initiative while it’s still available.

The scheme, which is offered until March 2011 at the award-winning housebuilder’s newest Lincolnshire development - Deansleigh, offers those buyers who qualify the chance to purchase 100 per cent of a new property by paying only 70 per cent of the value up front.

The remaining 30 per cent is equally funded by Miller Homes and the Government, becoming repayable after 25 years or when the customer sells their home, whichever comes first.

Joy Goodman, sales director at Miller Homes East Midlands, commented: “The HBD initiative has proved to be extremely popular particularly with first-time buyers, making moving more affordable and giving people the confidence to purchase a spacious new home.

“Many young people don’t think they can afford to buy their own home so rule it out without looking at the options and instead turn to renting. HBD can give first-time buyers the opportunity to buy a brand-new quality home, but people need to move quickly to take advantage of the initiative.”

Laura Grimmett is just one of many to have benefited from HBD in the region.

“HBD was an affordable way to get my foot onto the property ladder, with the confidence of owning 100 per cent of the property from day one. Once I had done all of the sums, I was shocked to work out that the mortgage repayments each month were actually cheaper than paying rent.”

Amongst the limited number of properties offered via the HBD scheme at Deansleigh is the three-bedroom semi-detached Hawthorn-style home, which is available from £135,950, but with HBD you could only pay from £95,156.

It features a spacious lounge-dining room with dual-aspect windows and French doors, making it ideal for entertaining. In addition, the property benefits from a luxurious master bedroom with an en-suite shower room, and downstairs WC.

Deansleigh is located in a leafy residential area on the northern edge of Lincoln and benefits from picturesque views of the nearby Lincoln Cathedral, while also being surrounded by green space. Just a 15 minute walk to the city centre, Deansleigh is also in close proximity to the A46 and major rail routes, making it the ideal choice for anyone looking to commute to the rest of the East Midlands.

For more details about Deansleigh or Falcon Heath, and the ways in which we can get you moving in Lincolnshire, visit: millerhomes.co.uk