With the cost of living generally on the increase, one young Yorkshire family has managed to buck the trend by moving from an old rented property to a new build home and saving enough money to fund a monthly gym membership!
Zoe Potts, 30, her husband Alex, 35, and their two children moved just a few miles from their old terraced home to a three bedroom, three-storey brand new home at Lindley Park, a development by leading housebuilder Miller Homes.
“The time had come to own our own home rather than rent and we had ear-marked the Lindley Park development due to the lovely area that it was in, the good schools for our daughters and that we had a friend who had brought there and was incredibly impressed with the quality of her home and the service she received,” said Zoe, a sixth form college teacher. “From the minute we visited and spoke with Jayne, we knew that this was the right place for us to call home and the right housebuilder for us to choose.”
Zoe and Alex chose a three bedroom ‘Lindley’ style of home and utilised the Government Initiative Help to Buy to assist them in making the move from rented to purchasing their own home.
The scheme offers assistance for buyers who only have a small deposit of around 5% through the provision of a 20% equity loan from the Government for those who meet the qualifying criteria. This means that buyers only need to secure up to a 75% mortgage from a bank or building society.
“Not only do we love having our own home, we are also in a stronger financial position due to our mortgage being cheaper than our rent and our utility bills decreasing significantly due to the energy efficient credentials of our new home,” said Zoe. “This winter, it has been particularly cold especially with the snowy weather we’ve had and, our heating bills have been fantastically efficient.”
Zoe concluded; “Moving to Lindley Park has been a brilliant experience and I wouldn’t hesitate to recommend a new home to anyone who is wanting to move, in particular those looking to change from rented accommodation!”
Lindley Park is close to being concluded and just eight homes remain for sale. Further information about current availability and prices can be found by visiting: https://www.millerhomes.co.uk/new-homes/yorkshire/lindley-park-ph1-huddersfield.aspx