Help to Buy Event at Ymyl Yr Afon

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Homebuyers can find out how to make moving home more affordable at a special Help to Buy –Wales* event hosted by Lovell Homes at its new Ymyl Yr Afon development this weekend

On Saturday, 2 and Sunday, 3 March, prospective purchasers are invited to the development, between Merthyr Vale and Aberfan, to find out how the Welsh Government-backed Help to Buy Wales scheme can help them secure a brand new Lovell home – and make their budget go further. An independent financial advisor will be available throughout the weekend, from 10am to 5pm, giving free financial advice.

Available to both first-time buyers and home movers, Help to Buy – Wales enables purchasers to buy a newly-built home with a down payment of just five per cent, thanks to a 20 per cent shared equity loan from the Welsh Government.

It means that a brand-new three bedroom Keats house style at Ymyl Yr Afon, with a full price of £169,950, could be yours with a deposit of £8,498 (five per cent) and a 75 per cent mortgage of £127,462 with the Welsh Government providing a 20 per cent loan of £33,990.

“Help to buy – Wales can enable you to buy the home that’s right for you and your family, at a more affordable price,” says Lovell regional sales director Julie Bowen.

“If you’re finding it hard to save the money for a large deposit, it can make it possible to take that crucial first step on to the property ladder. Existing homeowners looking for more space can also use the scheme to secure the home which works for their lifestyle.”

The weekend event is a great opportunity to discover all that Ymyl Yr Afon’s stylish two-, three- and four-bedroom homes have to offer. As well as an attractive location between Merthyr Tydfil and Aberfan, the development has excellent transport links. Merthyr Vale train station – with services to Merthyr Tydfil and Cardiff - is only minutes away while it’s easy to get to Cardiff, Newport, Abergavenny and Swansea by road.

Current availability includes the popular three-bedroom detached Chaucer house type, with two parking spaces, priced from £184,950. Buyers looking for even more space can select from a limited number of detached four-bedroom properties including the Hardy, at £240,995 with garage and parking.

Built and finished with Lovell’s signature focus on quality, homes at Ymyl Yr Afon feature a high specification as standard as well as modern Symphony fitted kitchens. All homes come with a 10-year NHBC Warranty and two years of emergency cover.

Lovell is working alongside Merthyr Tydfil County Borough Council and Merthyr Tydfil Housing Association to create Ymyl Yr Afon as part of the transformation of the former Merthyr Vale Colliery site into a thriving new community. A major regeneration programme has included the construction of a new access road, Golwg yr Afon, and a brand-new primary school, Ynysowen Community Primary School, locally.

The Ymyl Yr Afon marketing suite at Golwg Yr Afon, Merthyr Vale, Merthyr Tydfil CF48 4RF is open from 10am to 5pm, seven days a week. For more information, please call the sales team on 01685 868 366 or visit lovell.co.uk