Rugby homes combat “mid earners lock out” for buyers

Rugby’s homebuyers are being supported as they look to join the housing ladder, thanks to a mortgage payment offer provided for homes on the new Houlton development.

Crest Nicholson has announced it will pay homebuyers’ mortgages for six months on homes reserved at Hansford Park, Houlton by the end of February.

The scheme comes as the Institute for Fiscal Studies reports of mid-earners, aged 25-34, being “locked out” of the UK housing market over the last decade.

Amanda Benjamin, Sales and Marketing Director at Crest Nicholson Midlands, said: “This is the perfect time to start house hunting, and with a range of house types on offer at Hansford Park, there is something to suit all prospective buyers. 

“This deal will ease the buying process for many and will provide new residents with that extra little bit of cash when they first move into their new home.”

Richard Coppell, development director for master developers Urban&Civic added: “This development provides all the elements that young homebuyers and families actively search for – outstanding transport links, excellent schooling, amenities on the doorstep and a real sense of community.

“We are committed to bringing a development of the highest quality, and the 6,200 new homes that Houlton will provide will play a key role in getting local people on the housing ladder.”

A two-bedroom house at Hansford Park, Houlton is available from £209,950. Crest Nicholson homebuyers can also benefit from schemes including Help to Buy.

For further information on the mortgage scheme, and terms and conditions please visit www.crestnicholson.com/developments/hansford-park/ or call 01223 656701.

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