Tuesday 16 June 2009

HELP AVAILABLE FOR HOUSEHUNTERS WITH NO DEPOSIT

If you’re ready to purchase a brand new property in the sought-after Gloucester area, but are daunted by reports of difficulties in obtaining a mortgage, then fear not as Persimmon Homes South Midlands is hosting a 70 per cent shared equity HomeBuy Direct day at it’s the Marketplace development in the city designed to assist those with little or no deposit.

Persimmon Homes is supporting the Government-led 70 per cent shared equity scheme at it’s Gloucester developments including The Marketplace, The Maples and Kingsway, and has therefore organised the weekend at The Marketplace on 20th June between 10am and 5pm to help first time buyers and those earning a household income of less than £60,000 to purchase one of the company’s new properties.

Through the initiative, purchasers will be required to raise funding for 70 per cent of the purchase price including a mortgage plus, but are not requested to raise a deposit for their new home. The remaining 30 per cent is made up by an equity loan which is co-funded by the Government and Persimmon Homes.

Alison Reading, sales director for Persimmon Homes South Midlands states: “With so many differing shared equity initiatives now available, househunters are forgiven for being a little cautious and unsure as to what buying through shared equity means.

“It’s for this reason that we’re hosting our weekend – to dispel rumours, answer any questions and help those who initially thought they couldn’t afford to buy, to find a home to suit their needs and budget.”

On the day Persimmon’s expert sales advisers, a mortgage advisor and a representative from HomeBuy Direct will be on hand to assist interested parties with their enquiries.

Persimmon is catering for all purchaser groups at the HomeBuy Direct day as across the company’s highly acclaimed sites the homebuilder is offering two through to four bedroom homes with prices starting from just £90,997 for a two bedroom property.

Alison concludes: “I’d recommend interested parties get in touch with us about our HomeBuy Direct day to find out how we can support them move onto or up the property ladder without a deposit required.”

Further details on the HomeBuy Direct scheme can be found on the Michael Tuck Estate Agents blog or at youtube

The Marketplace is located off St Oswald’s Road, just a short walk form the centre of Gloucester. When complete the development will feature a total of 450 properties, ranging from one and two bedroom apartments to two, three and four bedroom homes, available in a variety of styles, from townhouses to traditional family homes.

As well as excellent new housing, residents of The Marketplace will enjoy a whole host of superb local facilities from a large retail and leisure complex to an improved infrastructure network and the vicinity of city centre bars and restaurants.

For further information about the HomeBuy Direct day and for details on the full range of properties available at The Marketplace and Persimmon’s alternative Gloucester-based developments, please contact Michael Tuck New Homes on 01452 726443 Alternatively, please log onto www.michaeltuck.co.uk or for details of all Persimmon developments in Gloucester.