Last Chance For Help To Buy At Lydney Scheme

With the government-backed Help to Buy scheme ending next March, WhatHouse? Award-winning housebuilder Crest Nicholson has only three final properties available on the scheme at its sought-after Mirum Park development, situated in the idyllic Gloucestershire countryside.

‘The Hatfield’ house type could be perfect for modern family living, offering a high specification throughout, with open-plan kitchen-dining areas, ideal for entertaining guests. Upstairs, the homes boast three spacious double bedrooms, with the main bedroom benefitting from its own en suite bathroom.

With the Help to Buy scheme allows first-time homebuyers to contribute a 5% deposit and secure a conventional mortgage for just 75% of the home’s purchase price. The remaining 20% is provided by the government as an equity loan. Requiring a low deposit and paying no interest on the equity loan for the first five years helps buyers to get onto the property ladder and own a brand new home.

Claire Brimble, sales and marketing director for Crest Nicholson South West, commented: “With the Help to Buy scheme coming to an end early next year, time is running out for first-time buyers to secure their dream home at our Mirum Park development, with just a 5% deposit. The scheme offers the chance to join a thriving community of young families and commuters at the development and we urge all who are interested to get in touch as soon as possible to avoid disappointment.”

Mirum Park benefits from a range of amenities right on its doorstep. Lydney town centre is within walking distance at just a mile away, offering a range of amenities including supermarkets, restaurants, cafes, a GP surgery, and dentist, as well as a range of independent retailers. In addition, the development is situated half-an-hour’s walk from Lydney Recreation Trust Ground, which boasts a cricket club, football club, and the Lydney Boating Lake. Lydney Harbour is also a five-minute drive away from the development, with scenic walks along the banks of the River Severn.

For families, Mirum Park is within close proximity of a selection of local primary and secondary schools, such as Severnbanks Primary School and Primrose Hill C of E, both rated ‘Good’ by Ofsted. For commuters, Mirum Park provides residents with easy access to Gloucester, with trains from Lydney to Gloucester railway station in just 22 minutes, with onward direct connections to Bristol, Bath and Cheltenham. In addition, the nearby A48 provides access to Gloucester by car in just over 30 minutes.

Prices start from £260,000 for a three-bedroom home at Mirum Park using the Help to Buy scheme. Find out more at www.crestnicholson.com.

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