75:25 equals great deal for a new home

Wirral homebuyers can count on award-winning housebuilder Lovell to find an offer which adds up.

Customers at Fountain Court only need to pay 75% of the price of a new home at the popular development thanks to a shared equity scheme, yet they still own 100% of the property.

Lovell provides an equity loan for the remaining 25%, with no interest or rent to pay on the amount, making the purchase of stylish contemporary homes even more affordable.

Anne-Marie O'Doherty, field sales manager for Lovell, says: “Homes at Fountain Court are already very popular but with the addition of 75:25 shared equity offer, the figures really stack up. It even suits customers who haven’t saved a large deposit as 5% is all they’ll need.

“You don’t need a calculator to work out that if you pay only three quarters of the price up front you will be able to afford a home more easily and when you own all of it straight away, it adds up to a great deal.”

The ‘house of the week’ at Fountain Court is plot 54, the three-bedroom semi-detached Alverley, which has been reduced in price by £10,000. It also includes fitted carpets, blinds, fridge freezer and washing machine.

It’s available from an initial outlay of just £82,496 with shared equity (full purchase price £109,995). A deposit of just £4,130 could be all that’s required and weekly mortgage payments could be as low as £92.

Fountain Court offers excellent commuter links to Liverpool, situated within easy reach of the Birkenhead tunnel. Local shops and a selection of primary schools and secondary schools are all within easy walking distance. The town’s range of leisure facilities, including a Vue cinema, Europa swimming pool and Mersey Park, all complement the family-friendly development.

For more information, visit lovellnewhomes.co.uk.