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Help to buy a new home in Audenshaw for less

HELP to Buy is now available on all new homes at Parklands, in Audenshaw, offering customers the chance to save thousands of pounds off the initial price.

Elan Homes are able to offer purchasers the Government-backed incentive that makes buying a brand new home easier to afford.

Customers will only need a 5% deposit and 75% mortgage as they will be offered an equity loan for up 20% of the property’s value.

Andrew Robertson, senior sales manager for Elan Homes in the North, says: “We’re delighted to be able to offer Help to Buy at Parklands, where we have a choice of four-bedroom homes available. The fantastic thing about the scheme is that it’s not just for first time buyers, but can be utilised by existing home owners too. It truly is a valuable incentive that could make a real difference to our customers by reducing the size of the mortgage required and therefore making the repayments easier to afford.”

Prices at Parklands start from £249,995 for a four-bedroom Bunbury style property.

With Help to Buy it can be purchased with:

• A deposit of £12,500

• A mortgage for £187,496

• An equity loan from the Government of £49,999

The loan is interest free for five years. It can be repaid at any time during the mortgage period or when the customer resells.

A well designed family home, the Bunbury features an open plan kitchen, dining area and family room. This sociable space is complemented by a separate spacious lounge for quieter moments.

Upstairs the master bedroom benefits from an en-suite, with the remaining three-bedrooms sharing the family bathroom.

“Equity loans through the Help to Buy scheme are only available on new build homes. It means that buyers could purchase the home of their dreams rather than making do with an older property that perhaps needs time and money investing in it to bring it up to the same high standard we offer,” Andrew adds.

To find out more about Help to Buy, visit the sales office and show home at Parklands, open Thursday to Monday from 10am to 5pm.

For details of the latest availability and pricing call 0845 250 8676