With five children between them, Craig Emery and partner Dee Friel were looking for a home which would provide enough space for their new family, and thanks to Help to Buy, the couple found just what they were looking for in the new Cambridgeshire town of Northstowe.
Previously renting in Highfields Caldecote, Craig was keen to get back on the housing ladder following his divorce, and was looking for a spacious new home closer to his children's school.
“Buying a new home was part of me getting back on my feet,” says Craig, who owns a software consultancy. “I was keen to stop renting and move back to the Longstanton area, where I had lived previously.
“My old home was fairly new and I wanted to buy a house of a similar standard. I knew that with the Help to Buy scheme, I'd be able to afford a property which was big enough for Dee, myself and our five children.”
The Government's Help to Buy – equity loan scheme is exclusively available on new-build properties and can be used by both first-time buyers and existing home owners. With the scheme, purchasers only need a 5% deposit and receive an equity loan from the Government for up to 20% of the property's value, leaving just a 75% mortgage required.
The family visited Bovis Homes in Northstowe to find out more about the location and were impressed with the size and layout of the homes.
“We were impressed by the Allbrook house type – the bedrooms were a good-size and the home had a lovely flow,” says Craig. “We really liked Bovis Homes and the choices we were given. Within 24 hours of visiting we reserved and had put a deposit down for our new home.”
The family moved into their new home earlier this year and are enjoying living at Northstowe.
“Apart from being lovely and new, the lounge is very large and the bedrooms are all a good-size, as is the garage,” says Craig. “Our open-plan kitchen-diner is already the centre of our home - it's a perfect socialising space.”
The move to Northstowe has also offered Craig further benefits as the location enjoys excellent transport links across Cambridgeshire.
He says: “Although technically I work from home, I supply engineering manpower across the Cambridge area, so buying at Northstowe, near Cambridge and next to the Guided Busway and its cycle path, was a no-brainer.
“Buying with Bovis Homes was great. The team were friendly and helpful and always went the extra mile to do the right thing.
“We love our new home and are very happy here.”