Stewart Milne Homes rolls out deposit-free lending on many of its developments


Thursday 31st May 2012


Stewart Milne Homes is now offering deposit-free, 100% home loans

Stewart Milne Homes will delight cash-strapped house-hunters across Scotland and the northwest of England with its announcement that it is offering 100% mortgages across over 30 developments in these areas. The deal is on offer on a variety of house types priced up to £350,000.

John Slater, the company's group managing director - homes, says: "We are committed to keeping homebuyers on the move and investing in straightforward, effective solutions to common challenges such as saving for a deposit. We understand that funding a deposit is not just an issue for first-time buyers; many second- and third-time buyers are facing a deficit between their equity and current deposit requirements. Therefore, we are offering the 100% funding across all our houses - from two-bedroom starter homes to five-bedroom family villas."

The sheer variety of property types on at Stewart Milne Homes' developments of new homes in Scotland and England means that a wide range of homebuyers will be able to take advantage of this offer. The only restrictions to applying for this finance are that purchasers must be in full-time employment and be earning at least £20,000 a year.

Among the properties that could be purchased with no deposit under this deal are:

  • A one-bedroom ‘Rowan' terrace mews house in Errol, Perthshire from £93,495 at Churchfields;
  • A two-bedroom ‘Kilmory' apartment in Newton Mearns from £183,000 at Patterton Court;
  • A three-bedroom ‘Bathford' semi-detached house in Buckshaw Village, Chorley from £199,950 at Farrington Park;
  • A four-bedroom ‘Falkland II' detached house in Stirling from £299,000 at Strathallan Park;
  • A five-bedroom ‘Heddon' detached house in Stewarton, Ayr from £261,000 at Laird's Gate.

New Homes by Stewart Milne Homes

Sorry, your search did not return any results. Please try widening your choices and try again or use our property map.

Find a new home by map