Dorchester couple secure first home thanks to Help to Buy
For young professionals Melanie Andrews and her partner James, securing their first home together was a dream come true.
Having rented a property nearby in Poundbury for two years – an urban extension to the Dorset county town of Dorchester by The Prince of Wales – the couple were priced out of buying their own home on the estate, so started to look further afield.
It was by chance when driving through Dorchester town centre that they spotted Eastgate – an exclusive collection of three and four bedroom townhouses and one coach house by award-winning housebuilder, Metis Homes. The couple immediately looked at the development online when they got home and subsequently booked a viewing.
Melanie, who works in financial services, said: “We viewed the homes at Eastgate several times before we settled on the plot we wanted to buy. As it was our first home together, we wanted to make sure it was perfect and it certainly is.
“Having rented a new build in Poundbury we were looking for a new build again, but couldn’t afford to buy in the same area which also offers a lot less for your money. Eastgate is right on the high street and the fact that we could afford a larger three-bedroom home than we were anticipating thanks to using the Help to Buy scheme was the icing on the cake.”
Help to Buy is a Government-backed scheme that helps prospective homeowners secure a property with as little as 5 per cent deposit. The Government will lend up to 20 per cent of the value of a newbuild home to the value of £600,000 through an interest free equity loan for five years, leaving the purchaser to secure a 75 per cent mortgage.
Melanie added: “The outside space, which overlooks the River Frome, is one of my favourite areas of our home along with the open plan kitchen / diner on the ground floor and separate living / tv room on the second floor, as it provides us with two separate living areas. My friends and family love coming over and are very complementary about it.
“Metis Homes have been fantastic throughout and the aftersales service has been particularly good – they’ve gone the extra mile for us on a number of occasions.”
Adam O’Brien, Managing Director at Metis Homes commented: “It’s great to hear that Melanie and James are so pleased with their new home at Eastgate. Getting on to the housing ladder can seem out of reach for many young buyers but with Help to Buy available on all our homes under £600,000, it means we can help more young people make home ownership a reality.”
With just 10 homes at Eastgate, residents can enjoy the great attention to detail in every home, with modern designer touches and high specification fittings throughout. All of the properties have private parking on-site and some feature private terraces or Juliette balconies, which host wonderful views of the River Frome.
The homes on the development pay tribute to the site’s heritage, which once played host to the 18th Century White Hart Inn, a hotel which features in A Few Crusted Characters, a short story by much loved Author Thomas Hardy. The stag monument on site, also known as the White Hart Statue, has been renovated by Metis Homes and now takes pride of place at the development, where it previously resided above the doors of the White Hart Inn.
Eastgate has been designed and built using natural local materials such as Portland stone, all of which complement the local architecture and heritage of the site.
There are only two homes remaining at Eastgate. A four bedroom, three story townhouse is priced at £325,000 and a four bedroom, four story townhouse is £400,000.