The Government’s popular Help to Buy scheme for new-build homes is changing on April 1 and will only be available to first time buyers.
The Government’s hugely popular Help to Buy equity loan scheme for new-build homes is changing on April 1 and will only be available to first time buyers. Price caps that vary by region will also apply. In the North West the price cap is set at £224,400, so properties that come in under this can still be purchased via the new scheme by those who have not previously owned a property. This means they can receive a Government-backed loan for up to 20% of the purchase price, interest free for the first five years, and need only save for a 5% deposit while applying for a 75% mortgage. The new scheme applies to properties that will be completed after April 1, 2021 and is already open for applications given many new homes are purchased off-plan with a completion date some months away. Alexandra Gardens is a sought-after Cheshire development by Anwyl Homes within walking distance of Crewe town centre. It’s perfect for commuters with handy access to the M6 motorway and links from Crewe train station to London in 1.5hrs, and Birmingham, Liverpool, Manchester and Chester in under an hour. Prices for a three-bedroom Kinnerton, with its open-plan kitchen and dining space and en suite to bedroom one, start from £179,995 and make this the ideal starter home for couples and families looking for room to grow. It also features double doors out to the rear garden and a handy cloakroom off the entrance hallway. Located on Sydney Road, there is a host of facilities on the doorstep from schools and nurseries to shops, sports clubs and healthcare, not to mention excellent transport links to the rest of the North West and beyond. Two luxurious show homes are open to view by appointment and offer an opportunity to view Anwyl’s superb specification close up. As a family run business, Anwyl takes a thoughtful approach to creating its developments, focusing on building communities that include new homes, green spaces, play areas and more. The current range of three and four-bedroom homes is priced from £179,995. For more information call 01270 696 052 or visit
www.anwylhomes.co.uk/alexandra
