Stunning homes more affordable than ever
14 October 2013
A stunning new development in the heart of Yorkshire is building top-quality three and four-bedroom homes more affordable than ever thanks to the new Help to Buy scheme.
Persimmon Homes West Yorkshire recently launched their new Scholars Gate development in the village of Royston, near Barnsley to high levels of interest.
The 143-home site is perfect for new home buyers looking to get the best possible home for their hard-earned cash.
Simon Whalley, Persimmon Homes West Yorkshire sales director, said increasing numbers of new buyers were able to afford larger homes because of the success of the Government-backed Help to Buy scheme, launched earlier this year.
“Help to Buy is playing a major part in making buying a home more affordable – and giving people the choice of a larger home than they might previously have had,” said Simon.
“The site at Royston is a perfect example. We have a range of three and four-bedroom homes which will provide excellent accommodation for a range of buyers. And with Help to Buy, people who traditionally might have been looking at smaller homes will find that they can now afford to buy somewhere with a bit more space.”
“Because of that, we expect strong interest from first-time buyers as well as families looking to move up the ladder.”
The Help to Buy scheme allows buyers to secure a home with just a five per cent deposit and as little as a 75 per cent mortgage. The remainder is made up by a Government-backed shared-equity loan which is interest-free for five years.
Simon added: “Home hunters who already own a property can also take advantage of our fabulous Home Change scheme, where we secure a buyer for their old home allowing them to proceed with purchasing their dream home with Help to Buy.”
Scholar’s Gate is the only new development currently being marketed in Royston, and is part of a range of new developments by Persimmon across West Yorkshire.
Prices at Scholars Gate start at £133,950 for a Souter three bedroom terrace, three bedroom detached start from £172,950 and a four bedroom detached property starts at £199,950.