Help on the property ladder in Bideford

First time buyers are being given a helping hand on the property ladder at Midas Homes' Boards development in East-the-Water, Bideford. The Easy Start scheme, where customers can own 100% of their home for just 85% of the price, enables first time buyers to take their first steps on the property ladder instead of paying ‘dead money' for rent.

Andy Addison, Midas Homes' Sales and Marketing Director said: "You can think of it as an interest free loan! At Boards we're selling a three bedroom house at £159,950, so with the Easy Start scheme you will be able to buy the home for £135,950 and then pay the remaining amount, interest free, 10 years later or whenever you resell or re-mortgage with another lender. Plus, there's no deposit required on exchange of contracts.

"As the homes are new you also won't have to spend any time or money redecorating and we're offering free mortgage protection against redundancy for your peace of mind."

Boards offers a range of new two and three bedroom homes priced from only £144,950. The properties have been thoughtfully designed to compliment the character of the town and have been built to a high specification. The second phase was launched recently and there are now only seven properties remaining at the development.

For further information, log on to Midashomes.com.