Low Deposit Homes Available in Derby

Tilia Homes has made buying a property more affordable in Derby thanks to a new partnership with Home Reach – the UK’s leading part-buy part-rent provider.

Available on a number of two bedroom properties in Derby, purchasers will be able to take advantage of the initiative which comes with smaller deposit requirements and low monthly payments. Through the partnership, buyers can purchase up to a 75% share funded by cash or a mortgage. Rent is then payable on the share they don’t own.

Available through the scheme is a two bedroom apartment at Manor Kingsway in Derby. Priced at just £78,000 for a 50% share of the property, the Barington is a spacious apartment ideal for couples looking to get on the property ladder. The property features an open plan living/dining area, a spacious master bedroom and en-suite, as well as a further double bedroom and family bathroom.

Lizzie Burda, sales and marketing director for Kier Living Central, comments: “Through our new partnership with Home Reach, house hunters need a much smaller deposit than if they were using a traditional mortgage. This means, families and couples who were struggling to raise enough money for a deposit, now have the opportunity to get on the property ladder. What’s more, with the stamp duty exemption extended until the end of June and then lowered until September, now is a sensible time to move.”

Manor Kingsway is a modern urban development located on Kingsway Boulevard, just six miles from the city centre. Ideal for both couples and families, the development is surrounded by excellent schools and recreation facilities.

For further information on the Home Reach partnership and the properties available, please call Manor Kingsway on 01332 984559. Alternatively, visit www.tiliahomes.co.uk.

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