Miller Homes Poised to Offer Firstbuy as Funding is Announced

Miller Homes, the nation’s largest privately owned housebuilder, has been granted FirstBuy funding – the government’s latest scheme to help new buyers onto the property ladder, as announced yesterday by the Department for Communities and Local Government (DCLG).

FirstBuy is a new equity loan scheme that will replace the hugely successful government scheme, HomeBuy Direct, which has helped tens of thousands of buyers to purchase a brand new home.

Miller Homes will be offering FirstBuy on its sites across the country, offering first time buyers the opportunity to achieve their home owning dreams.

Buyers qualifying for the scheme will have the opportunity to select one of the Firstbuy new homes for sale from Miller Homes and will have the opportunity to purchase 100% of their home by paying up to 80% of the value now, with both Miller Homes and the Government equally funding the remaining amount up to 20%.

Sue Warwick, national sales and marketing director for Miller Homes, said: “FirstBuy will prove an excellent tool to help new buyers into the market. HomeBuy Direct was such a huge success that we are delighted to have a new scheme in place to help buyers find a fast, affordable way to purchase the home of their dreams and we will be putting our full support behind the scheme to ensure that those that can benefit from the scheme know all the facts.”

FirstBuy funding will be available across Miller Homes’ sites late Summer 2011.

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Via EPR Network
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New Build Homes Specialist Hits Back At Halifax

The nation’s largest independent housebuilder, Miller Homes, has hit back at the report by the Halifax that claims that nearly two-thirds of adults believe they will never own their own home.

Sue Warwick, national sales and marketing director for Miller Homes, said: ‘Today’s findings from the Halifax inject yet another shot of negativity into the hearts of new buyers. It’s quite ironic that the nation’s largest mortgage provider has released figures that show that buyers are giving up hope of ever owning their own home. The figures claim that we are entering the age of the renter which, if true, is pretty bad news for the Halifax!

‘I strenuously disagree with this sentiment though. People are still keen to purchase their own home and, unlike the continental view of renting as the preference or the norm, Brits still want to own their own little piece of Britain.

‘We have experienced a huge amount of interest in the HomeBuy Direct and our own MiWay incentive specifically designed to help first time buyers onto the ladder. Equity Loans have helped thousands to achieve their house buying dreams and schemes like Deposit Match and Recommend a Friend have also helped people purchase their first home.

‘Negative news reports have an effect on the whole outlook of the house buying market. I just wish that rather than report such negative findings, the people in a position to help buyers would do so, rather than tout news that heightens a sense of hopelessness. There is help out there for new buyers who are struggling to find a deposit – you just need to know where to look.’

Via EPR Network
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