NEW HOMES • NEW DEVELOPMENTS
Final countdown for last four homes for 2017 at The Mill, Canton
Time is running out if you’d love to own one of the stunning properties which make up the first homes to be completed in 2017 at popular Cardiff development The Mill, Canton. Record sales since the development’s homes were released
in April 2017
means just four homes are available to move into this year, says Julie Bowen, regional sales director for developer Lovell:
“Buyers have been quick to appreciate the lifestyle available at The Mill, Canton. They love both the design of the homes and the opportunity to live in a riverside setting which is only ten minutes from the city centre. These final few homes will be ready for you to move into by Christmas, so if the thought of starting 2018 in this fantastic new community appeals, get in touch now.”
The final quartet of homes start from £275,000 (or £220,000 after a Help to Buy – Wales Equity Loan*) for the three-bedroom Oak house style. This superb family home features a generously-proportioned kitchen / diner and living room on the ground floor and a first floor offering two bedrooms
and a study room. But the star of the show is at the top of the house where the breath-taking dual-aspect master bedroom, with en-suite, occupies the entire second floor.
Lovell also has just three Aspen house
styles for sale. This property – one of the biggest house styles in the whole development – boasts a classic exterior but inside, it’s all about modern living with the three-storey layout providing an ideal backdrop for family life with
plenty of versatile space that you can arrange and adapt to suit your lifestyle. Even better, Lovell’s Aspen view home is being offered for sale and comes with a host of extras – including fully fitted kitchen, turfed rear garden, carpets and light fittings – all included in the price of £295,000 (or £236,000 after a Help to Buy – Wales Equity Loan).
The show apartment and marketing suite are open seven days a week, from 10am to 5pm at The Mill, Canton, Cardiff CF11 8DH. Alternatively, to find out more, please contact the Lovell sales team on 02920 606 766 or go to
www.themill-canton.co.uk.
The 800 homes taking shape at The Mill, Canton, are transforming the former Arjo Wiggins paper mill site. They include 358 homes for open market sale by Lovell and 442 homes for rent – which will be managed by Cadwyn Housing Association – for the Tirion Group. The scheme is going ahead with the support of the Welsh Government and financial backing from the Principality Building Society, and is being developed by the Tirion Group in partnership with Lovell.
More than 75 per cent overestimate deposit needed to buy a new home over Brexit
More than 75 per cent of people in the Cardiff area asked to estimate the deposit needed to buy a £250,000 new home massively overestimated how much was needed. Using the government’s Help to Buy scheme, buyers need just £12,500 for the deposit but a survey by housebuilder Barratt Homes reveals that more than 75 per cent questioned believed they would have to save at least £15,000. More than 30 per cent believed they would need to save between £25,000 and £30,000, more than double the real amount. Adam Champion
company Te New Homes Group said the figures
are in
from mortgage line with buyers’
expectations. “Most people think you need at least a 10 per cent deposit on a new home when we start talking to them and are pleasantly surprised by the true figure of just five
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per cent,” he said. “In Barry, for example people need just £9,600 to buy at home at Reflections @ Te Quays.” Barratt Homes sales director Richard Lawson said the figures should be welcomed by anyone considering buying
a new home. “Historically-low interest rates, together with Help to Buy and a wealth of mortgage options available at the moment, make now an excellent time to buy,” he said. “Despite some uncertainty
the new homes market is
extremely busy and the more people know about the low deposits the more people can move into their dream home.” Te survey also highlighted awareness of low deposits in the different age groups. Although everyone asked overestimated the amount needed, the amount estimated rose with age. Tose between 18-24 years old believed they would need to save an average of £19,000 for a deposit while the over 55s guessed a deposit would cost in excess of £23,000. “Schemes such as Help to Buy are available to all ages but it is mainly first time buyers who have benefitted from the help so it is good to see the younger people are closer to the right figure,” said Richard. For more information about Barratt and Help to Buy, please visit barratthomes.
co.uk
Cardiff & South Wales Advertiser – Friday 13th October 2017 - 19
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