Young professional becomes first-time home owner in Nuneaton with Help to Buy
27 April 2016
First-time buyer Dave Wright is loving life in a home of his own having used the Government-backed Help to Buy: Equity Loan* scheme to make the move.
With the help of the scheme and from developer Lovell Homes, Dave is now the owner of a brand-new two bedroom property at Lovell Homes’ Eaton View development, just north west of Nuneaton town centre.
The young graduate has gone from a shared, rented house in Nottingham to a brand-new home of his own. In addition, he has more than halved his commute – he now has a 25-minute drive to work at Magna Park in Lutterworth - as well as being pleased to be on the housing ladder at the age of 26.
“I needed to relocate to be closer to my job so this seemed a good time.” says Dave, who does in-store marketing for a major retailer. “I wanted to get on to the property ladder and my parents advised me it was better to do it sooner rather than wait.”
Although he had the money saved for a deposit, the assistance of a Help to Buy: Equity Loan was crucial in helping Dave buy his home quickly, he explains. Without the scheme, he would have had to wait until he had further built up his savings to cover the additional expenses involved with a house purchase.
By enabling him to buy his home with a five per cent deposit, the Help to Buy: Equity Loan scheme meant Dave had money available to cover the extra costs of moving, such as legal fees and the cost of furnishing his home - expenses which can particularly stretch first-time buyers.
“I wasn’t sure about Help to Buy initially,” says Dave, “but in hindsight it’s been a very good thing. It’s meant I had cash spare for the other things involved in moving such as solicitor’s fees and buying sofas. I needed to move quickly and wouldn’t have been able to without that extra money being available.”
Dave is also grateful for the comprehensive support he received from Lovell Homes sales executive Jennie King. “From the first time I visited the marketing suite and looked at homes, Jennie went out of her way to help me and did everything possible to ensure the homebuying process went well,” says Dave. “She always responded quickly to me and stepped in to help if I hit any problems.”
Having moved in during April, Dave is enjoying spending time in his immaculate new home. “I’m loving it. I didn’t realise how much I would enjoy having my own space. On Monday, I just wanted to get home from work. Also, I find I’m cleaning up after myself all the time as I want to keep it pristine!”
As well as being handily positioned for his job, living at Eaton View makes it easy to travel north, to be with his girlfriend, who lives in Sheffield, as well as south to his parents in Hereford.
His new house - the popular Featherston house style - is south-facing, so it’s light and airy, while Dave is particularly pleased with the size of his kitchen, especially compared with other new-build properties. “The houses here are generally very spacious and good value for the price,” he says. “I looked at properties from other developers and when it came to making a decision, it was a ‘no brainer’ when you looked at what was on offer at Eaton View. Another plus point is that the whole area is being redeveloped. It really does feel like a community.”
Lovell field sales manager Sian Lewin says: “Our homes at Eaton View are definitely proving a success with first-time buyers like Dave who recognise the tremendous value available to them here, especially with the added benefits of the Help to Buy: Equity Loan scheme. Dave’s experience shows how it can help make your money go further. Our sales team has lots of experience in advising first-time buyers, Our sales team has lots of experience in advising first-time buyers, so do please call us if you would like to discuss how we can help make your home purchase more affordable - or to arrange a viewing at Eaton View.”
Call Lovell Homes on 02476 480 237 to be kept up to date on the latest homes set to be released at Eaton View. Situated in Copper Beech Road, Nuneaton CV10 9FB, Eaton View’s marketing suite and show homes are open from 11am to 5pm on Mondays and on Thursday to Sunday from 10am to 5pm. Alternatively, visit lovellhomes.co.uk or download the Lovell Homes app.
Located to the north west of Nuneaton, just two miles from the town’s main line station, Eaton View has excellent transport connections for commuting across the Midlands providing easy access to both Coventry and Birmingham. The area also offers plenty of leisure time attractions with the chance to get into the great outdoors at Camp Hill woodland area and Stubbs Pool. The MFA Bowl is just two-and-a-half miles away and it’s less than ten miles to the Kingsbury Water Park.