Housebuilder Miller Homes is encouraging those looking to benefit from the Government’s shared equity scheme HomeBuy Direct to hurry before it comes to a close in the next few weeks.
The clock is ticking on Miller Homes’ allocation of HomeBuy Direct properties at its County Durham developments, including Cobblers Hall in Newton Aycliffe, The Pastures in Darlington and the Meadows in Framwellgate Moor.
The housebuilder has already successfully settled 79 families into HomeBuy Direct properties across the region.
With the scheme, buyers are offered an equity loan of up to 30% of the purchase price, co-funded by the Government and Miller Homes.
Most lenders need only a minimal deposit and buyers will own 100% of their new home.
Any household earning £60,000 or less who could not afford a suitable property on the open market is eligible for the scheme.
The remaining HomeBuy Direct properties in County Durham include two three-bedroom semi-detached Gissings at Cobblers Hall, priced at £155,000 which can be bought for only £108,500.
At the Pastures, the three-bedroom detached Blenham (plot 2) at £142,000, is available for only £99,400 and comes with a carpet package, blinds throughout and turf and fencing to rear garden.
At Miller Homes’ Meadows development, the only plot remaining on HomeBuy Direct is the three-bedroom Hardy townhouse (plot 13) with detached single garage priced at £211,000, available for £147,700 on the scheme.
Miller Homes’ regional sales director Steve McElroy said: “I am encouraging all prospective homebuyers to snap up the HomeBuy Direct deals while they still can, as time is running out.
“The beauty of this scheme is that it allows people the flexibility and choice of owning the home that is right for them.
“We have a huge selection of homes available.”
For information, go to www.millerhomes.co.uk/ explore/northeast or call 0870 336 4100.