BARRATT and David Wilson Homes Northampton recently helped their 2,000th customers purchase their dream home using Help to Buy. The milestone comes as the government-backed initiative nears its sixth year of running, after launching in April 2013.
Help to Buy allows buyers to purchase a new home with just a five per cent deposit and a 75 per cent mortgage. The remaining 20 per cent is funded by an equity loan, interest-free for the first five years and repayable on the sale on the home.
The developer is offering Help to Buy on developments across the Midlands and are encouraging house hunters to enquire about how it could help them.
Barratt and David Wilson Homes has properties available to reserve with the scheme at its developments in Northamptonshire, Cambridgeshire, Bedfordshire and Buckinghamshire.
Alison Raine, Sales Director at Barratt and David Wilson Homes Northampton, said: "For property seekers in the area, it can be hard to know which moving scheme may suit them best and whether Help to Buy will offer them the best deals or not.
"It's great to see that the scheme has been extremely successful at a number of our developments and as we have recently welcomed our 2,000th Help to Buy customer, we want to make people aware of the benefits of using the scheme."
Advantages of using Help to Buy include moving quicker due to requiring a lower deposit and having an interest free loan on 20 per cent of your mortgage for five years.
Whilst Help to Buy is a fantastic way to help first-time buyers get on the property ladder, those looking to upsize to a home up to the value of £600,000 can also take advantage of the scheme. This means second steppers can also enjoy the many benefits that come with using the initiative.
Help to Buy is exclusive to new build homes, meaning property hunters looking to use the scheme will receive a brand new home with a blank canvas to make their own. These are ready to move into with no DIY required, meaning you can focus on making your mark in your new home rather than worrying about doing any work to it.
Barratt and David Wilson Homes' new build properties come with a 10 year NHBC structural warranty giving you peace of mind when you move in.
For more information please call the Barratt Homes sales team on 033 3355 8481 or the David Wilson Homes sales team on 033 3355 8482. Alternatively you can visit www.barratthomes.co.uk or www.dwh.co.uk