Help to Buy boost for Llay home buyers in search of more space
NEW detached homes in Llay are still available with Help to Buy Wales ahead of changes to the scheme from April 1.
Until the end of March*, Help to Buy Wales equity loans can be used to purchase a new build home priced up to £300,000, providing it will be built by December 23, 2021.
Under the scheme buyers receive an equity loan for 20% of the purchase price and should only need a 5% deposit and a 75% mortgage from their lender of choice, giving buyers a vital helping hand onto the property ladder. Crucially, the Government-backed loan is interest free for the first five years.
On April 1 the price cap for new homes reserved with Help to Buy Wales will lower to £250,000.
Three detached four-bedroom homes are currently available at Anwyl’s Maes-y-Rhedyn development in Llay, for families who may be in search of more space or room to grow.
Graeme Gibb, sales director for Anwyl Homes Cheshire and North Wales, said: “Help to Buy Wales has proved to be a lifeline for many homebuyers in North Wales who need more space but would otherwise have been unable to save for a large deposit. While the scheme will still be available after April 1, the price cap is coming down to £250,000.
“For now, we can offer the four-bedroom detached Farndon home, priced from £272,995, with Help to Buy but applications must be approved by March 21, 2021 by Help to Buy Wales. It features an open plan kitchen and dining room that spans the rear of the property. The Farndon also has a bright separate lounge and a downstairs cloakroom. Upstairs are four generous bedrooms, including a main bedroom with en-suite shower room and fitted wardrobes, and a family bathroom.”
Maes-y-Rhedyn is located in the semi-rural village of Llay, around five miles from Wrexham and 10 miles from Chester, which each boast a range of high street shops, bars and well regarded restaurants, to be enjoyed again once rules allow. Llay itself offers a scenic location, surrounded by open countryside yet it is close to the A483, A55, M53 and M56 for easy travel to the rest of North Wales, Liverpool and Manchester.
There is green space to enjoy at nearby Alyn Waters Country Park with its wooded walks, open grassland, riverside trails and adventure playground, while good local schools include Park Community Primary School and Castell Alun High School.
Prices at Maes-y-Rhedyn are from £234,995 for a three-bedroom semi-detached home up to £272,995 for a four-bedroom detached.
The sales centre is still open for pre-arranged viewings and virtual appointments during lockdown. For more information call 01878 808090 or visit www.anwylhomes.co.uk/maes-y-rhedyn
*To qualify for the current Help to Buy Wales scheme, which applies to homes up to £300,000, the application needs to be approved by Help to Buy Wales by the March 31, 2021