Newspaper article Evening Gazette (Middlesbrough, England)

Help in Getting on Property Ladder

Newspaper article Evening Gazette (Middlesbrough, England)

Help in Getting on Property Ladder

Article excerpt

HOUSEBUILDER Yuill Homes is now offering its HomeBuy Direct scheme on selected plots at College Gardens, to help more househunters in Billingham get a foot on the property ladder. Yuill Homes is working with the Government's Homes and Communities Agency to offer HomeBuy Direct, a shared equity scheme, on the smart three bedroom Linden home at College Gardens in Billingham - available for pounds 142,000, but with HomeBuy Direct on a 70/30% equity share, it is available for pounds 99,400. Lindsay Greenhalgh from Yuill Homes said: "We are delighted to launch HomeBuy Direct at College Gardens, as it has a great range of benefits for homeseekers.

"As well as the buyer getting to own 100% of their home - without a deposit generally being necessary - they also only need up to a 70% mortgage because Yuill Homes and the Homes and Communities Agency will provide the rest. "Even better, this is interest free for the first five years."

The Linden has a separate kitchen, lounge with room for a dining table and French doors leading out into the garden with fencing. …

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