Exclusive Hartlepool scheme gives residents the chance to buy a new property at 80 per cent of its market value
A number of new homes at Miller Homes’ development, Hartside View, in Hartlepool are being offered at 80 per cent of the market value to people who live, work or have family ties to the area.
The Discount Market Value (DMV) scheme is set via a Section 106 Agreement between the developer and the local authority and aims to support local people onto the property ladder for the first time as well as onward movers.
Donna Brown, associate director of sales at Miller Homes said, “This is a fantastic opportunity for people who have a connection to the Hartlepool area to secure a brand new, Overton home at a great value.
“This development sits beautifully on the edge of Hartlepool, close to local amenities, open countryside and just ten minutes from the delightful village of Hart. We have had a huge amount of interest in the development since we announced our plans to create a new community in the area.
“By offering these homes at 80 percent of their market value to people who already have a connection to the town, we can ensure that the homes are sold with local people in mind, safeguarding the community.”
In order to provide potential customers with information on the currently available DMV properties, there will be an event held at Hartside View on Saturday 11 and Sunday 12 June.
The development sales manager is set be on hand to talk customers through the criteria and qualification process in addition to an independent financial adviser from Safeguard Financial Services present throughout the weekend to provide free and independent mortgage advice and help arrange a mortgage decision in principle.
Miller Homes is offering 18 Overton homes at Hartside View as part of the Discount Market Value scheme, set to be released in stages as the site build progresses with the first plots as early as this August.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
AI scepticism is healthy. Inaction isn't.
What does NPPF mean for site price and planning gain?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route
Apprenticeships: Invest in talent or keep chasing it
Are you ready for salary transparency?
Confidence the key to our artificial intelligence future
The missing piece of the puzzle in the NEET crisis