Added on: 10th July, 2018 by Natalie_26298
First-time buyers in Nottinghamshire are being urged to hurry if they want to live on a popular development in Loughborough.
Persimmon Homes North Midlands say that buying a brand-new home has never been so affordable thanks to the Government’s Help to Buy scheme.
The Meadowcroft development, East Leake, has attracted a wide cross-section of customers including first-time buyers, professional couples, growing families and those looking to downsize.
Nadine O’Dowd, sales director for Persimmon Homes North Midlands, explained that the success of Help to Buy means there has never been a better time for first-time buyers to get their feet firmly on the property ladder.
She said: “At our Meadowcroft development we can help make it easier for prospective purchasers to take that all-important step on to the property ladder and start investing in their own futures.”
Three-bedroom Hanbury house types at Meadowcroft start from just £194,995. That can be reduced under the Help to Buy scheme, where the buyer meets 75 per cent of the cost and pays a five per cent deposit. The Government then makes up the shortfall through an equity share loan.
Nadine, added: “It is often difficult for first-time buyers to get onto the property ladder, especially in such a desirable location. We believe that these properties offer the perfect solution.
“The homes at Meadowcroft have been designed with modern living in mind, and it has proved popular because of this and the great choice on offer.
“Anyone wanting more information is welcome to pop down to the development and speak to our sales advisors who can advise them on the various schemes available to help them buy their dream home.”
Help to Buy is a shared equity scheme where buyers only need a 5% deposit and are eligible for a 20% loan on the term of a mortgage, which is interest and repayment free for the first five years.
For more information visit www.persimmonhomes.com