Award-winning housebuilder, St. Modwen Homes, has seen strong sales in the latest phase of its Locking Parklands development, just four miles from Weston-super-Mare, thanks to the government’s popular Help to Buy scheme.
To date, 80% of sales in the current phase at Locking Parklands have been taken through Help to Buy, which is designed to assist home buyers move both onto, and up, the property ladder.
Priced at £272,995, using Help to Buy the three bedroom Hazel home can be purchased for just 80% of the listed price, made up of a 75% mortgage and 5% deposit. The remaining 20% is covered by an equity loan from the government.
Bev Hall, Sales and Marketing Director at St. Modwen Homes, said: “Under the scheme purchasers need a deposit of only 5% to secure a high quality three bedroom property at Locking Parklands. Saving for a deposit is often the biggest barrier when buying a home so this is great news for families and first-time buyers who may otherwise struggle.”
Offering plenty of space, the Hazel design features an open plan kitchen and dining room with two sets of French doors leading to the garden, a front facing living room and a downstairs cloakroom. Adding a touch of luxury, upstairs the master bedroom benefits from built-in wardrobes, an en suite, and a stunning Juliet balcony.
Located on Cranwell Road, the Marketing Suite and Showhomes are open between 10am and 5.30pm, Thursday to Monday, inclusive of the weekends. For more information call 0844 243 4848 or visit www.stmodwenhomes.co.uk. Alternatively follow the housebuilder Twitter or like the Locking Parklands Facebook page.