Help at hand for home­buy­ers

Yorkshire Post - Property - - STRUTT & PARKER -

HomeBuy Di­rect is avail­able on a limited num­ber of Redrow homes at Mul­berry Grange, near Selby.

The Govern­ment-backed scheme of­fers el­i­gi­ble buy­ers the op­por­tu­nity to take out an in­ter­est free, five-year eq­uity loan of up to 30 per cent of the pur­chase price of a brand new home.

With HomeBuy Di­rect, a twobed­room home priced at £140,000 could be bought for an ini­tial out­lay of just £98,000.

The scheme is open to peo­ple with an an­nual house­hold in­come of less than £60,000, in­clud­ing first,time buy­ers and those re-en­ter­ing the prop­erty mar­ket fol­low­ing a change in cir­cum­stances such as divorce or the break­down of a re­la­tion­ship.

For de­tails, tel: 0845 676 0451 or visit www.redrow.co.uk /de­vel­op­ments/mul­berry-grange.

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