First time buyers get a head start in Torquay

First time buyers in Torquay are being given a boost onto the housing ladder with Barratt's new initiative Head Start. The deal, available on apartments and houses at Torre Marine, is designed to ease the affordability issues many first time buyers are facing and make that first step onto the housing ladder and into property ownership.

Under Head Start, first-time buyers secure a mortgage for 85 per cent of the total property price and Barratt finances the remaining 15 per cent for up to 10 years.

Barratt will also pay the five per cent deposit for first time buyers and legal fees - a real bonus for those struggling to pay rent and save towards a new home.

"First time buyers are still facing many obstacles in becoming home owners and Barratt's Head Start scheme is tailored exclusively to help these people get on the property ladder," said Caroline Hill, Barratt sales director.

She said that the initiative is already generating a vast amount of interest and Barratt is urging people to enquire straight away to avoid disappointment.

Head Start is available on selected properties at Torre Marine, which offers a selection of two, three and four-bedroom homes. The development is part of the regeneration of Torquay, and lies close to the sea front and the town centre. It is also within easy reach of the many attractions to be found in Tor Bay, and the A385 and A38 offer easy access to Plymouth, Newton Abbot and Exeter.

Terms and conditions apply, for further information about Head Start and to see if you are eligible log onto Barratthomes.co.uk.