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Buy your first home with help from Elan Homes

29th February 2012 Print
Elan Homes

First time buyers who act now could save thousands off the price of a brand new home in Stoke with Elan Homes.

The developer is offering FirstBuy on selected homes at Hillside Park, enabling eligible customers to save 20% off the initial price, helping first time buyers to step onto the property ladder even if they don’t have tens of thousands of pounds in the bank. And those who buy their new home before March 25th could benefit from further savings in stamp duty.

Marie Morris, sales director for Elan Homes in the north, explained: “Saving for a deposit to secure your first home can be tricky, particularly if you’re also paying rent. According to the Royal Bank of Scotland’s Ability to Buy Index it takes the average first time buyer three years to save a 10% deposit and that’s if they’re not paying rent. But thanks to FirstBuy purchasers could find that they only need a 4% deposit, which could work out at around £5,000. It means first time buyers could find they’re able to set up home sooner rather than later.”

FirstBuy is available on selected three-bedroom homes at Hillside Park. Prices start from £124,995 or £99,996 with FirstBuy.

Available to buy on the open market at £129,995 (£103,996 with FirstBuy) and £149,995 (£119,996 with FirstBuy) respectively, the Westminster and Ashbourne house types are currently stamp duty exempt. But from the end of March purchasers will have to pay more than £1,000 in tax.

“Every penny counts when you’re buying your first home so timing is crucial. I would urge those who are planning to set up home to act now so that they can avoid having to find extra cash to pay stamp duty,” Marie added.

Behind the elegant exteriors of the homes at Hillside Park lie contemporary interiors to suit the lifestyles and demands of modern families. Attention to detail is paramount, with modern appliances selected for quality and visual appeal and high specification fixtures and ?ttings in every room. There is also an optional design package available so purchasers can tailor-make their home.

Located in Mansfield Grove in Norton, Hillside Park is just a few minutes away from the Staffordshire and Peak District countryside yet is well placed for commuting thanks to easy access to the M6. Residents can enjoy shopping and leisure facilities in nearby Stoke, Leek, Ashbourne or Uttoxeter.

To discover how Elan could help you own your first home, visit elan-homes.co.uk.

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Elan Homes