Over 50% Now Sold At Lowton Scheme

Elan Homes has seen more than half of the properties reserved in the first three months since launch at its St Catherine’s Gardens development in Lowton, Greater Manchester.

The housebuilder is transforming the former site of St Catherine’s Church on Newton Road and launched the development in early July, with a flurry of instant sales. It now reports that 14 of the 26 homes have now been reserved, including five of the six properties available through Wigan Council’s equity loan scheme.

Marie Morris, sales director for Elan Homes in the North, explained: “The response to the launch of St Catherine’s Gardens has been fantastic and demonstrates just how buoyant the housing market is in the area. The success we have seen reflects wider industry trends – there’s a real demand for three- and four-bedroom homes nationwide as people want more space inside and out.

“Some buyers have been spurred on by the Stamp Duty holiday and the chance to save thousands of pounds in tax if they complete their purchase before the end of March.

The 'Orford Max' house type

“Those who buy now could still enjoy the tax break and may also be able to use the government-backed Help to Buy equity loan scheme, providing their new home will be build complete by the end of February and that they can complete the purchase by the end of March. After that there will be a new version of the scheme, restricted to first time buyers and with regional price caps.”

Current availability at St Catherine’s Gardens includes a three-bedroom ‘Orford Max’ house type priced at £239,995 and a four-bedroom ‘Sheldon’, priced from £299,995. Both are eligible for Help to Buy.

Show homes are available to view by appointment only, with social distancing measures in place.

Find out more at www.elan-homes.co.uk.

Find retirement homes in Greater Manchester
Find Help to Buy homes in Greater Manchester
Find new homes in Greater Manchester