Elan Homes will soon be opening the doors to its stunning new show home at Albans Court. The beautiful three-bedroom semi detached home will give people a taste of what they will experience if they were to purchase a brand new property at the development. And to help growing families and first time buyers to purchase a home at Albans Court, Elan Homes is also offering a fantastic 80/20 shared equity deal on the remaining properties.

 

The location couldn’t be more perfect, just over a mile from the centre of Mansfield, with Nottingham and Derby both within easy reach. So whether it is wildlife or nightlife that is of interest, Albans Court is the perfect place for you.

 

Stephen Cleveley, sales director at Elan Homes says: “The 80/20 shared equity scheme has been very popular at all of our developments and there is still a great deal of demand out there for incentives like these, especially in light of the rise in VAT, which is due next year.

 

“Many people, especially first time buyers, have struggled to afford the deposit required to purchase their new home, so Elan Homes is really pleased to be in a position to continue to offer this shared equity package and in doing so, help people to get onto the all-important property ladder.”

 

Shared equity means that 20% of the deposit is paid up front by Elan Homes and the homebuyer pays a 5% deposit, then borrows just 75%, with the 20% equity being lent on an interest free basis over the next ten years.

 

The Retford is a spacious three-bedroom home, with large family rooms and a fitted kitchen featuring up to the minute appliances. The bathrooms are contemporary in design and the main living room benefits from patio doors leading out to the beautiful garden space. With shared equity, the monthly payments for the Retford are a fantastic £455 on a repayment mortgage.

 

“We have a number of homes to choose from at Albans Court,” Stephen continues. “We have had excellent sales to date on site and we are very optimistic about the future, especially with the new three-bedroom show home available for visitors to view.”

 

For more information about Albans Court, please call the marketing suite on 0845 481 8801, or visit www.elan-homes.co.uk. The scheme is located on Clipstone Road West, Forest Town, Mansfield, NG19 OHL.