FAST-MOVING buyers have been quick to snap up new houses at Lancet Homes’ new Mere’s Edge development in Helsby.

The house builder has sold more than half the first phase and is reporting strong interest on the next phase in the first four weeks since its opening on February 1.

Carolyn Walsh, group sales manager for Lancet Homes, said: “We are delighted with the success which highlights the need for would-be buyers to act quickly, even if they are not looking to move for another six to 12 months.

“The broad appeal of Mere’s Edge is due to its convenient location, the wide choice of house designs offered and the Help to Buy scheme.

“Another incentive is the new reduced stamp duty land tax rates.

“For example, under the old stamp duty land tax rates a new home valued at £149,995 would have incurred stamp duty tax of £2,999. With the new rates, all that is payable is £499, offering a fabulous £2,500 saving.”

With Help to Buy, home buyers need only a five per cent deposit and a mortgage offer of 75 per cent to buy their new home.

Help to Buy enables both first-time buyers and people with a property to sell to secure a Government-funded equity loan for up to 20 per cent of the price of their new home.

The equity loan is interest-free for the first five years and can be repaid when the property is sold or after 25 years.

New homes at Mere’s Edge are priced from £149,995, or £119,996 when purchased with Help to Buy.

Mere’s Edge has created a property hotspot in Helsby.

This carefully planned development appeals to first-time buyers, families and downsizers.

It has converted what was the old cable factory site into a desirable new residential community.

With a choice of eight house designs – ranging in size from two, three and four bedroom homes – a high degree of individuality and exclusivity is offered.

Mere’s Edge is located close to the village centre on Cable Drive off Chester Road, just a mile and a half from junction 14 of the M56.

To see the view home, or for more details, call Swetenhams in Frodsham on 01928 732626. You can also find out more at www.lancet-homes.co.uk.