Local house builder Miller Homes has announced the success of its Stretford-based development, Novus, with 81% of its apartment buyers being first-time home purchasers.
The development has good transport links to Manchester City Centre and is proving an attractive place to live for those working in the area.
Along with the high rate of first-time buyers, 61% of purchasers used the Help to Buy scheme at the development. The government backed scheme enables first-time buyers to purchase a brand new home using just 5% deposit – the maximum value in the North West is set at £224,400.
Homeowners who purchase selected apartments at Novus could receive a Metrolink travel pass for a year, as well as a full furniture pack to help them with furnishing costs. All apartments include flooring, a fitted wardrobe, downlights, and a fully fitted kitchen with integrated appliances, which Miller Homes have identified as often some of the most costly assets to buy for a new home.
Clare Noakes, Sales Director of Miller Homes Northwest, commented: “We’re delighted to see how popular our Novus apartments are with first-time buyers in the thriving, up-and-coming area of Stretford.
“We’re also pleased to see that the Help to Buy scheme is helping out so many people with getting on the property ladder. This proves that there is certainly demand for new housing, particularly in ideal locations such as this one. At Miller Homes, we are always looking to help homeowners with additional incentives.”