A housing developer is offering house-hunters across Nottinghamshire up to £18,000 towards their mortgage payments to help reduce costs in the current cost of living crisis. Bellway East Midlands is offering to pay £1,000 a month towards mortgage payments for up to 18 months for buyers at designated plots on its sites, including five developments in Nottingham.
The offer will run until the end of March, and was launched by Bellway to help customers with the strain put on domestic budgets by the cost of living. The housebuilder is also reminding people, that its energy-efficient new-build houses can save an average of £2,600 a year on fuel bill when compared to a similar sized older property.
Steve Smith, Sales Director at Bellway East Midlands, said: “We have launched this mortgage contribution initiative to lend a helping hand to homebuyers as a response to the cost-of-living pressures on people’s budgets. Bellway East Midlands is building hundreds of new homes at 13 developments across the region and we are offering to pay £1,000 a month towards buyers’ mortgage payments for up to 18 months on selected plots.
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"This huge saving could go towards helping people balance their budgets, save for a holiday or enjoy nights out with friends. People who buy a new-build Bellway house can also save a further £220 a month on their energy bills, compared to an older property of the same size."
He continued: "Modern construction techniques and new technologies allow us to build homes which are more energy efficient and less expensive to run, thanks to improved insulation and appliances which use less gas, electricity and water. In addition to these savings, purchasers know they are buying a home from a company which has retained its five-star status with the Home Builders Federation for the sixth year in row – which means that more than 90 per cent of customers say they would recommend Bellway to a friend."
“We would advise potential purchasers wanting to take advantage of these benefits to get in contact with us as soon as possible.”
Bellway’s mortgage contribution is available for up to 18 months at Willow Rise, Calverton, up to 12 months at Abbey Fields Grange, Hucknall, up to 12 months at The Foresters, Newark. The contribution is also available for up to 12 months at Sherwood Gate, Hucknall and Gateford Quarter, Worksop.
Other sites in Leicestershire and Derbyshire also have the contribution offer.
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