“Our experience was very smooth”; using the Help to Buy scheme to purchase your Llanmoor Home
At Llanmoor Homes, we want to ensure that everyone can afford their dream home which is why we are a registered Help to Buy – Wales builder. This initiative provides shared equity loan assistance to home buyers, allowing you to purchase a new home with just 5% deposit.
We spoke to Lauren, who has purchased her first home with Llanmoor Homes through the Help to Buy – Wales scheme. Want to hear how she found it? Read on to find out…
What is the Help to Buy – Wales Scheme?
The Help to Buy – Wales initiative is available for first homes with a value of up to £250,000. To use the scheme, buyers must provide a 5% deposit and equity loans are available for between 10-20%. Buyers must then take out a repayment mortgage to cover the remaining cost. This all might sound confusing, but it’s a great scheme for first-time buyers to take advantage of. Let’s show you an example…
- If the value of the house is £200,000, you pay a 5% deposit of £10,000.
- You then take a mortgage out to cover 75% of the amount, which is £150,000.
- The remaining cost is £40,000 (20%), which must be taken out as a shared equity loan.
Phase 3 of Help to Buy in Wales will be available from April 2021 until March 2023.
“We could see ourselves living at this site one day”
When we asked Lauren what made her buy a Llanmoor Home, she explained, “We first came across Llanmoor Homes after a holiday in December 2019 when we came to look at the show homes as we passed by. We were in no position to purchase our first home at that time, however we fell in love with the development at Hawtin Meadows”. After being given information from our wonderful sales team, Lauren went on to say that, “before we knew it, we were looking at this paper work daily and knew we could see ourselves living at this site one day”.
“Our experience using the scheme was very smooth”
As this was Lauren’s first time buying a home, she took advantage of the Help to Buy – Wales initiative. “Our experience using the scheme was very smooth”, said Lauren when we asked how she found the process.
At Llanmoor Homes, we aim to make every buying experience as seamless as possible, so that you can move into your dream home without any stress. Lauren explained that the Help to Buy – Wales scheme “was very easy to apply for with the help and expertise provided by Llanmoor and the mortgage advisor they recommended us using”.
“We found ourselves the perfect cul-de-sac to live in”
Family is the foundation upon which we build our homes, so we’re constantly thinking of ways to make life easier for you and your family when you buy a Llanmoor Home. When we spoke to Lauren, we asked about her first impressions of the Hawtin Meadows development, to which she replied, “we loved the development and could really envision ourselves living here. It’s a great location to local villages and main road access, as well as suiting our personal circumstances”.
At Llanmoor Homes, we have become experts in creating homes that are both practical and beautiful and suit modern life. When Lauren described the Hawtin Meadows development, she explained, “we love the layout of the Hawtin Meadows development and found ourselves the perfect cul-de-sac to live in based on the Phase 2 plans for the site”.
“We wanted our first home to be affordable but also something we could see ourselves in for a long time”
When we design our homes, we design homes that are both beautiful and built to last. We create a range of 2-,3- and 4-bedroom homes in a variety of styles so that you can choose the best for your preferences.
Lauren chose The Nash, a 3-bedroom semi-detached home with a spacious kitchen/dining area with French doors to the rear garden. When we asked Lauren why she chose this particular house style, she explained that, “we wanted our first home to be affordable but also something we could see ourselves in for a long time. The Nash is absolutely perfect for us”.
Lauren went on to describe the features of The Nash that caught her eye, “It has an amazing look to the exterior but the inside is what sells it for us. We loved the spacious kitchen diner and separate living room. We have 3 great sized bedrooms, a downstairs toilet and an en-suite”.
“Our experience with the sales team has been amazing”
Our Sales Advisors work with you to find the perfect house style and location to suit you and your needs. We offer a personal service caring for the homes we build and the people we build them for. Lauren told us about her experience working with our sales team, explaining that, “From the days where we registered interest up until the point of completion, they were extremely helpful and guided us through the process of buying our first home. We were kept informed regularly and never felt in the dark with anything during this progress”.
When asked if she would recommend our service, Lauren exclaimed, “I’d recommend anyone to buy a Llanmoor Home, especially a Nash, although we are biased with that”! If you’d like to find out more about our current developments, including the Hawtin Meadows site where Lauren purchased her first home, visit this link.
Wondering what our other buyers have to say? Read our customer reviews here.
If you have any questions about a specific Llanmoor Home or development, or would like to arrange a viewing, get in touch with our amazing team today on 01443 228413 or [email protected].