Latest News

Homebuying is twice as easy with Elan

Homebuyers don’t have to think twice about buying a new property at a Kempsey development, thanks to a pair of incentives.

Developer Elan Homes is offering both Help to Buy and part exchange at their prestigious Derrington Mews venture in the Worcestershire village.

Help to Buy enables purchasers to snap up a dream home at the picturesque development, with a deposit of just 5%. With an equity loan provided by the Government for up to 20% of the purchase price, homebuyers can secure a 75% mortgage, giving access to cheaper rates.

Alternatively, if buyers have a home to sell, part exchange is available, with Elan acting as a cash buy for the existing property. Part exchange allows buyers to climb the housing ladder quicker, by avoiding time consuming chains and expensive fees from estate agents.

Andrea Nippe, sales director for Elan Homes, said: “We only have a few homes left at Derrington Mews because many of our buyers have taken advantage of Help to Buy or part exchange.

“They both give buyers an advantage, compared to older homes, because neither offer is available on older properties.

“Part exchange is perfect when a buyer needs more space but they have an existing property to sell and don’t want to wait. Help to Buy enables buyers to secure a home with a deposit of just 5% but, thanks to the interest free Government loan for five years of up to 20%, still gives them access to cheaper mortgage rates.”

The collection of homes at Derrington Mews are set in open countryside, in an environment great for families, within a village community.

Ideal for commuters, just four miles from the historic city of Worcester, the homes are popular with professionals.

Cleverly designed, with a traditional finish, the layout has been planned to accommodate modern lifestyles, with contemporary arrangements, combined with high specification kitchens and bathrooms.

Prices are from £310,000 for a four-bedroom detached family home. With Help to Buy this property could be purchased with a deposit of just £15,500.

The view home and marketing suite are open Friday to Monday, 9.30am to 4.30 pm.

To book an appointment to visit the site 01905 821066 or email derringtonmews.sales@elan-homes.co.uk