Finding the necessary funds and the right home can be a challenge for first time buyers but one happy new homeowner has found his perfect first home thanks to a local house builder and ‘Help to Buy’.
Daniel Ciuraru, 34, a private practice dental technician, managed to break the renting cycle when he purchased a brand new Miller Home at the housebuilders’ Stonebridge Fold development at East Ardsley.
“As soon as I visited the development and saw the apartments I knew I’d found the right home for me. It was in a perfect location that made commuting to work in Leeds so easy!” said Daniel. “The apartment I chose was already completed so it was easy to see myself living there, in fact this helped to make the entire process quick and uncomplicated.”
Daniel had looked at new homes in the past but a lack of deposit and suitable properties had made the search difficult. However, on this occasion, he was able to take advantage of the Government initiative ‘Help to Buy’ which helps buyers with little or no deposit on to the property ladder.
'Help to Buy' offers assistance for buyers who only have a small deposit of around 5% through the provision of a 20% equity loan from the Government for those who meet the qualifying criteria. This means that buyers only need to secure up to a 75% mortgage from a bank or building society.
“I found the ‘Help to Buy’ process really straightforward and was supported every step of the way by the lovely Miller team at Stonebridge Fold which made a real difference to what could have been a very daunting experience,” said Daniel. “This has made buying my first home a really enjoyable experience and I wouldn’t hesitate to recommend Miller Homes and Stonebridge Fold as a fantastic place to call home.”
There is still a small selection of almost completed properties available at Stonebridge Fold including two bedroom apartments priced from £89,995 and the four bedroom ‘Mallard’ property priced at £187,495. This means, that with ‘Help to Buy’ you could purchase a two bedroom apartment from just £71,996.
Stonebridge Fold is located close to local amenities including a variety of retailers, primary and secondary schools, health care and leisure facilities. Furthermore, it is ideal for accessing the wider motorway network as it is just a few moments drive to both the M1 and M62, providing a perfect base for commuting.
The sales centre at Stonebridge Fold, Station Lane, East Ardsley, WF3 3DY is open Thursday to Monday from 10.30am - 5.30pm. Alternatively, you can call the team on 0808 250 6453 or visit www.millerhomes.co.uk.
Help to Buy loans are provided by the Government's Homes & Community Agency (HCA) and are secured over your new home. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED.