Kent-based housebuilder Jones Homes Southern has secured Government funding to support first-time buyers onto the property ladder at its developments across the county.
The developer, whose regional office is in Swanley, has received approval to sell homes with the new version of Help to Buy at Westwood Park in Lenham and upcoming sites in Hoo St Werburgh and Minster.
This funding approval means that Jones Homes customers looking to take their first steps onto the property ladder in Kent will be able to purchase a home priced up to £437,600 with just a five per cent deposit and with a 75 per cent mortgage under the scheme. The remaining 20 per cent is provided through a Government-backed equity loan, which is interest-free for the first five years.
The new version of Help to Buy, which came into force on April 1, replaces the previous version which was launched in 2013. The new version is available exclusively to first-time buyers and is restricted to homes priced up to £437,600 in the South East.
Sara Stanhope, Sales and Marketing Director for Jones Homes Southern, said: “The confirmation of this funding from the Government will enable us to continue to offer this valuable tool to buyers seeking to get onto the property ladder.
“There is a selection of three-bedroom homes currently available to purchase at Westwood Park that fall within the new regional price cap and can therefore be secured using the new Help to Buy scheme.
“These properties are built in the Ashby house type design, which is the perfect modern family home with a spacious open-plan kitchen and lounge, as well as three well-sized bedrooms upstairs.
“We have already begun to take Help to Buy reservations at Westwood Park and have had many more enquiries over recent weeks. Anyone interested in finding out more about the scheme can get in touch with our sales team at the development.”
For more information about the homes available at Westwood Park, or the upcoming developments in Hoo St Werburgh and Minster, visit jones-homes.co.uk.