CONSTRUCTION work on a new housing estate in the centre of Hartlepool is well underway.
Seneca Homes is building 26 new three and four-bedroom houses with parking and garage provision in Mainsforth Terrace, at the bottom of Church Street.
Developers say the first properties will be released for sale within eight weeks and throughout the rest of the year until the development, called The Sidings, is completed.
Fay Garthwaite, sales co-ordinator for Seneca Homes, said: “The development plans are now available to give potential buyers the chance to reserve early and benefit from being able to choose their preferred property and plot within the development.
“Along with part exchange options, Seneca Homes are delighted they can now offer ‘Help to Buy’.
“The ‘Help to Buy’ scheme allows buyers to purchase a home for 80 per cent of the price with the outstanding 20 per cent provided by the Government as an equity loan which is interest free for five years.
“A buyer only requires a five per cent deposit and a smaller mortgage means lower monthly repayments, which is perfect for first time buyers.”
Officials at Seneca Homes say location is “key” to this development, with Seaton Carew beach, the town centre and Hartlepool Marina all within walking distance of the new estate.
Prices for the new houses will start from £88,000.
As well as the Seneca Homes site at Mainsforth Terrace, there is also a newly completed site at Station Town in Wingate and the next development is an executive-style development in Gilesgate, in Durham City.