The Bank of England has announced that interest rates will be rising by 0.25% to 4.5% per cent, the highest amount in 15 years. And that makes it even more important for anyone looking at purchasing a new build to consider whether the special offers currently available might help them.
Miller Homes North West has been running a number of schemes to help would-be buyers, including their First Timer Package and a Home Mover Package.
These current deals were launched earlier this year and have been really well received but will end on 31 May.
Miller Homes First Time Package offers buyers the opportunity to have their five per cent deposit paid or to receive £15,000 cashback when they move, which they can put towards anything from helping with moving costs to personalising their home through our extensive range of optional extras.
For eligible buyers looking to sell their existing property our special Home Mover Package, has a number of options available, including Part Exchange Plus which allows buyers to reserve a property and have a guarantee that their current home will be bought at a fair price, if it qualifies for the scheme.
Clare Noakes, Miller Homes’ sales director for the North West, believes that given today’s announcement, people looking at purchasing a new build may find the offers will take some of the sting out of the increased rate.
“As a company we try to do everything possible to make buying a new property as painless and seamless as possible,” she said.
“We introduced these incentives earlier in the year but given today’s news it seems the right time to remind people of the potential benefits.
“For people wanting to get on the property ladder or who want to move from their current home, these deals can really make a huge difference.”