Help To Buy Roadshow Hits York
7:37am 14th October 2013
North Yorkshire’s government-assigned Help to Buy experts will be visiting York to offer advice to aspiring homeowners. As part of their regional tour, my4walls will be at St Sampson’s Square on Monday 14 October, as part of York Housing Week. The specialist team will be talking house hunters through Help to Buy and sign-posting buyers in the direction of homes available within their budget.
Help to Buy manager at my4walls Elspeth Pooley said: ‘We’re hoping to prove to aspiring homeowners that the housing market is not all doom and gloom. That’s why, we’re hitting the road in our sleek my4walls VW campervan and inviting the public in to learn more about the Help to Buy scheme and discover fantastic new-build homes nearby.
"The Help To Buy scheme offers homebuyers a 20 per cent equity loan on the value of a new-build property. This is interest free for five years, so buyers only need to save a five per cent deposit.
"Help to Buy is proving extremely popular in York – and across the county. Since the scheme launched, on 01 April this year, 1,236 people have applied for Help To Buy across Yorkshire and Humberside."
Steve Woomble, Sales Director at Linden Homes North, said: ‘Help To Buy has provided a real boost to Linden Homes buyers throughout our region, particularly at our York locations 1877 and Huntington Court. It has enabled many purchasers, who couldn’t quite stretch to the previously required deposit, to get their home-moving plans underway again. Interest rates on Help to Buy mortgage products have been particularly attractive making it a very affordable option across all sectors of the market. One of the most attractive things about the Help to Buy scheme is that it is much more ‘inclusive’ than previous schemes, and far more buyers are able to take advantage.
my4walls, part of Yorkshire Housing, is in York for Housing Week 2013. The team say they will champion the legacy of last year’s inaugural event, themed ‘Get York Building’, while addressing this year’s aim to raise awareness of the role housing can play in preventing poverty.
Cllr Tracey Simpson-Laing, City of York Council’s Cabinet Member for Health, Housing and Adult Social Care, said: ‘The link between the supply and quality of housing and financial wellbeing is strong and, with welfare reform added to the mix, the potential for poverty, financial and social exclusion deepens. This week gives lots of opportunities for residents and housing professionals alike to take action and work towards solutions.’
|Get the latest local news direct to your inbox.
Sign up now for our email updates.