With prices starting from £149,995 for a two bedroom home, savvy house
hunters can secure the property with a deposit of just £7,499 using the
Government-backed Help to Buy scheme.
Help to Buy is an Equity Loan Scheme to help first time buyers. Homes
England will lend up to 20% of the value of your first home, and you must fund the
rest of the cost with a deposit of at least 5% and a mortgage. Because the Help
to Buy equity loan is interest free for the first five years, the mortgage
repayments will be lower – thus potentially reducing your monthly outgoings.
You can learn more about Help to Buy here.
Currently available for sale under the Help to Buy scheme at Simpson
Park is the two bedroom ‘Denton’ property priced at
£149,995 or the three bedroom semi-detached ‘Cedarwood’ priced at £169,995.
The two bedroom Denton is an ideal starter
home. The ground floor features a front aspect lounge, a kitchen/dining area
with French doors leading to the rear garden as well as handy storage cupboard
and a WC. Upstairs you’ll find the spacious master bedroom, a second double
bedroom and a family bathroom. The property is available to reserve now for
For those seeking the benefits of a third bedroom, the three-bed Cedarwood could be the ideal
solution. Requiring a deposit of just £8,499 using Help to Buy, the property
boasts a spacious lounge with French doors leading to the rear garden, a front
aspect kitchen/dining area as well as a downstairs WC. Upstairs features a
front-facing master bedroom and two further bedrooms and a family bathroom. The
property is available to buy now for £169,995.
If Help to Buy
sounds like it could be the best solution for you and you’re keen to find out
more about using the scheme to move to Simpsons Park, call 01302 515988.