Award winning housebuilder Yuill Homes has unveiled its superb HomeBuy Direct scheme on further developments across the North East to help even more househunters buy their dream home.
Yuill Homes is working with the Government’s Homes and Communities Agency to offer HomeBuy Direct, a shared equity scheme with a fantastic range of benefits. This outstanding initiative is designed to help people onto the property ladder and is now available on selected homes at Whitworth Park in Spennymoor, Balliol Mews in Benton, Dales View in Consett and St Germains Gardens in Marske by the Sea.
Lindsay Greenhalgh from Yuill Homes said: “We are delighted to launch HomeBuy Direct at these additional four sites as the scheme has been a great success on our other developments – it is also available at our other sites in Tyne and Wear, Teesside and County Durham.
“HomeBuy Direct has a great range of benefits for homeseekers and provides the perfect solution for those looking to buy their first home or househunters who may need assistance in getting back on the property ladder. As well as the buyer getting to own 100 per cent of their home – with a deposit generally being necessary – they also only need up to a 70 per cent mortgage because Yuill Homes and the Homes and Communities Agency will provide the rest.
“Even better, this is interest free for the first five years. You just pay your mortgage as normal and the equity loan is repaid when you come to sell your home. We are delighted to be working in partnership with the Homes and Communities Agency on this scheme, but it is only available on selected plots so whatever your circumstances come in and talk to us.”
Pat Ritchie, regional director of the Homes and Communities Agency in the North East, said: “Helping people in the North East to realise their ambition of owning a new home, in a place they want to live, that they can afford, is one of the key priorities of the HCA.Working in partnership with housebuilders such as Yuill Homes, we are able to support first time buyers by co-funding a loan towards part of the purchase price through the HomeBuy Direct scheme.”
The perfect starter home, the award winning, two bedroom, two bathroom Vermont is available for £139, 950, but with HomeBuy Direct on a 70/30 per cent equity share, it is available for only £97, 965 at Balliol Mews.
With ‘a touch more imagination’ as its mantra and design at the heart of the company, Yuill Homes is committed to delivering exemplary standards of innovative housing, with added value and superb customer service. Attention to detail is evident across all properties, including features such as great specification kitchens, fitted wardrobes and fully turfed gardens and fencing to both the front and rear, all as standard.
For more information on HomeBuy Direct or other offers available from Yuill Homes, please contact the relevant development sales manager or visit www.yuillhomes.co.uk.