Learn How To Buy With HomeBuy Direct At East Sussex New Homes Scheme This Weekend
First-time buyers and those hoping to get back on the property ladder are invited to a special event in Hailsham this weekend (17th and 18th September) by Redrow Homes, who can explain how they can purchase a brand new property at the Willow Gardens development for as little as 70% of the price up front with HomeBuy Direct.
HomeBuy Direct is a Government-backed shared equity scheme aimed at helping people buy their first home. The Homes and Communities Agency and the housebuilder jointly provide an equity loan to the buyer for up to 30% of the price of the property, interest-free for five years and repayable when the property is sold.
“Would-be homeowners only have until December to take advantage of HomeBuy Direct, which means there’s limited time to buy the home of your dreams at a more affordable price,” says Lesley Stringer, sales director for Redrow Homes (Eastern).
The event gives prospective buyers of these new homes in East Sussex a chance to speak to the Redrow team and to an independent financial adviser about the different properties available and how to finance and buy them.
As an extra bonus this weekend, anyone who reserves a home at Willow Gardens will get carpets, floor coverings and turf to the rear garden included for free. With a range of three- and four-bedroom houses on offer, it’s another reason for buyers in all situations – buying their first home, buying a bigger home to accommodate a growing family or downsizing from a larger property – to attend the event and look around the development for themselves. Prices start at £209,950, which equates to an up-front price of £146,965 with HomeBuy Direct.
“HomeBuy Direct isn’t just for young first-time buyers, it’s also available to those starting over after a relationship break-up and families who can prove they need extra space,” adds Lesley. “It could be the difference between resigning yourself to a lifetime of renting or stepping onto the property ladder with a home of your own. Customers who take advantage of HomeBuy Direct 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.”
Three show homes ably demonstrate the New Heritage Collection property styles, each featuring an appealing architecture evoking family homes of a century ago, yet boasting spacious interiors and a thoroughly modern specification. Willow Gardens is around eight miles from Eastbourne, just off the A22. The sales office is open seven days a week, from 10.00am to 5.30pm.