It feels a little strange to reflect that Help to Buy is only in its seventh year. Having become so popular and well established in the market, the scheme seems like it has been around forever. Its government-backed equity loan has been a vital route to home ownership, but it has also been a valuable stepping stone for existing homeowners. Thanks to Help to Buy, second and third steppers have been able to aspire to bigger and better, but time is running out for them to take advantage.
From 1 April 2021, the terms of Help to Buy change and it will only be available to first-time buyers. That means that purchasers further up the ladder will need to legally complete a Help to Buy move by 31 March.
If that seems like a limited timeframe, the practical reality is even tighter: 28 February is the government’s building deadline for homes sold through Help to Buy in its current form. Due to the hold-ups caused by Covid-19, this deadline was extended from its original date of 31 December, but it still leaves precious little room for delay.
There’s still time with Orion Homes…
Fortunately, Orion Homes can still offer some viable Help to Buy opportunities for existing homeowners. At Jubilee Gardens in Gilberdyke, we will be able to complete plots 5, 7 and 9 before the February deadline, including properties which are ideal for homebuyers seeking to increase their level of luxury and living space via Help to Buy. If you’re ready to reserve, we can offer these beautiful new homes with Help to Buy’s government-backed loan of up to 20% which is interest-free for five years – reducing the size of your required deposit and enabling you to afford your dream move.
The Wharfedale
A high proportion of second-time buyers using Help to Buy are growing families seeking more spacious and flexible living to serve their evolving needs. With its substantial three bedroom accommodation and adaptable three storey layout, our semi-detached Wharfedale is an ideal option for their requirements. The Plot 5 Wharfedale’s outstanding list of features includes:
- Large open-plan dining kitchen with French doors
- Utility room, cloakroom and study on ground floor
- Spacious first floor lounge
- En-suite to two bedrooms
- Fitted wardrobes to all three bedrooms
- Generous south-facing garden to rear
- Attached garage
Our showhome at Jubilee Gardens is a Wharfedale, so homebuyers are invited to visit to enjoy a full appreciation of this impressive luxury home. We are observing enhanced safety measures due to Covid-19, so viewings are currently available by appointment only. Full details on arrangements for visiting our developments are available here: VISITING ARRANGEMENTS
The Rushford
Much like our Wharfedale, the four bedroom Rushford townhouse is a three storey design that will appeal to families wanting to upgrade the size and specification of their home. The versatile ground floor space includes a large open-plan dining kitchen and a shower room which also functions as an en-suite with direct access from a single bedroom. The Plot 7 Rushford offers many other desirable features:
- Large open-plan dining kitchen with French doors
- Spacious first floor lounge
- Two double bedrooms and two single bedrooms
- En-suite to two bedrooms
- Fitted wardrobes to three bedrooms
- South-facing garden to rear
- Garage
The Preston
One of our new releases at Jubilee Gardens, the Preston mews home also represents an attractive second step on the property ladder, but it’s also priced within reach of many first-time buyers – especially with the benefit of Help to Buy. This stylish three bedroom property offers spacious living within an easy-to-manage layout over two storeys:
- Open-plan lounge/kitchen/dining area with French doors to rear garden
- Downstairs cloakroom
- Two double bedrooms and one single bedroom
- En-suite to master bedroom
All three plots offer a superb standard specification incorporating a comprehensive range of kitchen appliances which includes brushed steel oven, hob, extractor hood, integrated fridge/freezer and dishwasher. Bathrooms and en-suites feature heated towel rails whilst Dual Zone central heating allows different heat and timer settings for living areas and bedrooms.
Orion Homes are progressing construction on these three plots and inviting prospective purchasers to enquire online or call our Sales Information Centre on 01430 644929. Seven years after its opening, the Help to Buy window will soon be closed to many homebuyers, but if they hurry there is still time to make use of the scheme at Jubilee Gardens!
