Member Article

Help To Buy proves popular in Northallerton

5 January 2015: A new housing development in Northallerton is helping first time buyers to get their foot on the housing ladder. A massive 100% of the private purchases at Barratt Homes’ Mowbray Park to date have been first time buyers taking advantage of the Government’s Help To Buy scheme – proving the need for quality local housing to help families buy their first property in the local community.

The statistics, released by the local house builder, have highlighted a positive upsurge in Northallerton residents buying for the first time, with all of the buyers living in and around the local area. The data, which has been accumulated since the launch of the development in September, highlights the on going need for affordable quality housing in the Northallerton area.

Debbie Foster, Sales Manager for Barratt Homes, commented:

“The need to provide quality homes at affordable prices for first time buyers has never been as important. Across the UK it is reported that the average age in which individuals are likely to be in a position to purchase their first home will shoot up to 36[1], so we are working hand in hand with local communities to try and combat this problem, which is only fuelled by the current housing shortage.”

Debbie continued: “Our Mowbray park development is ideal for first time buyers, with a range of five star quality two, three and four bedroom homes on offer – first time buyers don’t need to compromise on quality, not least with the Government’s Help To Buy scheme available across all of our homes at the development. We’re confident that Mowbray Park will continue to prove popular with first time buyers and are extremely pleased to be in a position to help bridge the housing gap in Northallerton.”

Based on Yafforth Road, Mowbray Park is a fantastic development of new homes set between the Yorkshire Dales and North York Moors. With easy access to motorways and fantastic local amenities, Mowbray Park is the ideal location for families looking to get their foot on or progress up the property ladder. For more information about Barratt Homes, please visit www.barratthomes.co.uk

[1] http://www.propertywire.com/news/europe/uk-first-time-buyers-201405309192.html

This was posted in Bdaily's Members' News section by Richard Savage .