First step on the housing ladder with help to buy

Miller Homes worker Beth liked the homes she was helping to sell so much, she bought one.
Miller Homes worker Beth liked the homes she was helping to sell so much, she bought one.

Young people across the region are getting on to the housing ladder, thanks to the Government’s Help to Buy scheme.

Introduced early in 2013, the scheme has helped couples, families and first time buyers purchase the home of their dreams who previously struggled to secure a mortgage due to large deposit requirements. A Government initiative, the scheme offers assistance for buyers who only have a small deposit of around 5% through the provision of a 20% equity loan from the Government for those who meet the qualifying criteria. This means that buyers could only need to secure up to a 75% mortgage from a bank or building society.

Miller Homes, currently developing at Brooklands, near Gainsborough, is one eof the local companies offering Help to Buy deals.

“Help to Buy has been well received by local buyers and we are delighted to still have several plots available at our Brooklands development where the scheme can be utilised,” said Sarah Whinfrey, sales manager Miller Homes Yorkshire. “Our three and four bedroom homes have a host of attractions which will appeal to couples and families alike.”

Bethany McDonagh, 24, who is one of those to have benefited from the scheme, commented, “Help to Buy is a great scheme for people like me and it was the difference between staying at home or having a home of my own.

“The application process is simple and the sales advisers know the scheme well so there is someone to advise and guide customers through the process.”

The three bedroom ‘Gaskell’, priced from £149,000, occupies an ‘L’ shaped plot which gives delightful dual aspects to both living and dining rooms together with French doors to the rear garden. Meanwhile, the four bedroom ‘Buchan’, from £178,995, offers living room, kitchen/dining and utility and four bedrooms with en suite facilities to the master.

Brooklands is situated on the outskirts of the market town, which is handily placed for commuting to Sheffield, Doncaster, Chesterfield and North Nottinghamshire towns.