Linden Homes Welcomes 'Help To Buy' Budget Announcement (Meadow Grove)
21 Mar 2013

Linden Homes has congratulated the Chancellor and warmly welcomed his Budget announcement – the introduction of the government-backed ‘Help to Buy’ initiative.

Clive Wiltshire, Managing Director of Linden Homes Western, which has the Meadow Grove development in Newent, said: “We are looking forward to receiving the full details, however we are delighted to see yet another proactive initiative from the government. We have seen other schemes work successfully in the region, including First Buy and NewBuy. These revised plans now open up the options for even more people to get on the ladder, or make that all important next step up.

“This support from Government will boost the national economy and the housebuilding industry, and help fulfil the demand for more housing in the UK. The revised income criteria will be well received by customers, who previously haven’t been eligible for the currently available schemes.

“We also interested to learn more about the new mortgage guarantee system scheduled for 2014, which will help families who have previously wanted to take out a mortgage on a home but need some extra support.

“We believe this announcement will bring another welcome boost to general confidence, and get the housing market moving consistently in the right direction.”

Meadow Grove, in the historic market town of Newent on the edge of the Forest of Dean, offers three and four bedroom homes. For more information call 0844 417 8252.

-ENDS-

For further information, contact Samantha Stagg or Madeleine Hardman at James Reed Public Relations on 0117 929 0405, email: samantha@jamesreedpr.co.uk.