Housebuilder, Bellway has launched a new incentive campaign offering savings of up to £25,000 to buyers looking to purchase a new home in Skipton.
The offer is available on selected properties at participating Bellway developments across Yorkshire and will run until Saturday 28th February.
In Skipton, the scheme applies to homes at Clifford Gardens, a development located on Wyvern Road.
As part of the campaign, buyers can choose how to use the incentive, including putting the money towards a deposit or covering additional costs such as Stamp Duty and moving expenses.
Bellway says the initiative is aimed at helping people who are considering buying a new home in the coming months.
Melanie Smith, Sales Director for Bellway Yorkshire, said recent changes to interest rates have created a more positive outlook for buyers.
She said:
“News of a Bank of England base rate cut to 3.75 per cent has provided a welcome boost for home buyers.
"This financial incentive will provide a further boost to anyone who is looking to buy a new home in North Yorkshire.”
She added that the flexibility of the incentive means it could benefit a wide range of buyers.
“For some it will add to their savings sufficiently to allow them to put together a large enough deposit to afford a home that would otherwise have been out of their reach.
"For others, the attraction is that a bigger deposit means reduced monthly mortgage payments,”.
Ms Smith also noted that buyers who already have a sufficient deposit may still find the scheme useful.
She said:
“Buyers who already have a large enough deposit or are paying outright for their home can also benefit from the offer.
"They could choose to spend the extra sum on Stamp Duty, fees and moving costs or on items for their new home such as furniture, décor or landscaping for the garden.”
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