The last 18 months may have spurred some first time buyers on to find and purchase a home of their own.
Whether living with parents or wasting money on rent has been the catalyst, we’ve got some properties that can be purchased with just a 5% deposit through the Government-backed Help to Buy scheme.
Sian Pitt, sales director for Lancashire, said:“Owning their own home is something that has become increasingly important to many people post-lockdown. With more time spent at home than ever before, some buyers may have decided that having their own space, away from parents or friends, is what is needed or they may have been able to save up their deposit through having less opportunity to dine out or go on foreign holidays.
“The homes we have at Worden Gardens have come at just the right time and are priced below the Help to Buy price threshold for this region, so first-time buyers can secure one with as little as a 5% deposit.”
The homes available include the two or three-bedroom mews-style Ledbury and two-bedroom Alton apartments.
The Ledbury enjoys a spacious lounge and open plan kitchen / dining room and cloakroom downstairs. Upstairs, depending on whether buyers choose the two or three-bed version, there are two double bedrooms, the main bedroom having an en suite and the two other bedrooms sharing a family bathroom. The two-bedroom option means both bedrooms enjoy their own en suite.
The Alton apartments maximise space and flexibility. With two double bedrooms and an open plan kitchen, dining and living area, there is plenty of space for single homeowners, couples or friends sharing.
Sian adds:“The high specification of the apartment design gives them a premium lifestyle feel and they have a unique exterior design that makes them look like traditional houses.”
Help to Buy means that as well as putting down a 5% deposit, homebuyers receive a 20% equity loan from the government and then can arrange a mortgage of 75% to make up the rest. The equity loan is interest-free for the first five years.
Prices for a two-bedroom Ledbury start at £179,995 and a three-bedroom Ledbury from £209,995, prices for an Alton apartment are expected to be priced from £145,000 - £150,000.
Worden Gardens will eventually feature more than 200 homes from the housebuilder’s award-winning Heritage Collection.
Set amid open countryside, residents will really be able to enjoy the best of both worlds with easy access to nearby towns and cities, including Leyland, Preston and event Manchester, plus popular Worden Park right on the doorstep. There is a good choice of primary and secondary schools within close reach as well as a supermarket, smaller shops, health centres and pubs.