Help to Buy Wales gains popularity with Welsh buyers
More than a quarter of people buying newly-built Welsh homes last year used the Help to Buy Wales equity scheme. Bellway has lowered some prices at its Edenbrook development in Ystradowen to bring their homes within reach of more homebuyers, who can use Help to Buy Wales to purchase their new home. The price of the four-bedroom Woodcote house has been lowered to £299,995. Buyers can use Help to Buy Wales to purchase with just a five per cent deposit and 75 per cent mortgage, with the additional 20 per cent provided as an equity loan from the Welsh Government which is interest-free for five years. The incentive can be used to buy
houses up to the value of £300,000. Carly Maidment, Sales Manager for Bellway Wales, said: “We’ve seen the popularity of Help to Buy Wales grow across all our sites, so we wanted to give buyers the chance to use it at our Edenbrook development. “Lowering
the price of our four-bedroom
Woodcote housetype opens the door for many people who may have previously not been able to afford the deposit or mortgage repayments for a new-build home in the area.
“There are only a handful of homes left at Edenbrook, so we’re urging anyone who is looking for a new home and is interested in
using the Help to Buy Wales scheme to visit the development now to find out more.” Help to Buy Wales has helped nearly 5,500 buyers purchase a new home since its inception in 2014. So far, almost £200m has been handed out by the Welsh Government for more than £1bn worth of new homes in Wales.
Just a handful of four-bedroom homes are now left for sale at Edenbrook, which is located on Badger’s Brook Rise in Ystradowen, just north of Cowbridge.
Viewings at Edenbrook are on an appointment basis only so call 01446 775 435 to reserve your slot.
Local Welsh Contractor progress on £1million Project in Cardiff Marina
WELSH aluminium fabricator Dudley’s Aluminium has secured a major contract to help and support the construction of the property development, Bayscape in Cardiff Marina. The company secured the contract, in excess of £1million with BECT Building Contractors, to install the Kawneer curtain walling façade in the eight-storey building, as well as state-of-the-art windows and doors across the 115 apartments. Dudley’s has already started work on Phase One of Bayscape at Cardiff Marina, which is a dynamic mixed-use development and will feature 115 one to three bedroom apartments across two separate buildings, as well as an artisan coffee shop on the ground floor. Phase One of the property development is scheduled for completion in Spring 2018. Managing Director of Dudley’s, Colin Shorney said: “Bayscape at Cardiff Marina is a fantastic project, and we are delighted to have secured the contract and to be working with BECT Building Contractors again. “After the successful completion of One Canal Parade, we are excited to work with BECT and be part of the construction of the apartment building. Bayscape is a great addition to the up and coming development of Cardiff Marina and the surrounding area and we are pleased to be part of the development.” In addition to Bayscape in Cardiff Marina, Dudley’s have secured a number of high-profile contracts in Cardiff during the last 24 months, including One Canal Parade and the new BBC Cymru Wales HQ, which began work
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earlier this year. Dudley’s reputation for quality has been recognised with several industry- related accreditations. The company is CHAS and Achilles accredited, Constructionline registered, and certified to manufacture “Secured by Design” products. Established in 1993, Dudley’s Aluminium offers clients full in-house design and production facilities, and has completed many successful and prestigious education, health, commercial, retail and defence sector projects throughout the UK and Channel Islands.
New Homes Wales and the South West
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