A mortgage rate of 2.9% - Too good to be true?

Well that is exactly what homebuyers will be paying if they purchase a property at two of David Wilson East Midlands' developments in Nottinghamshire.

The local housebuilder has introduced a new mortgage subsidy at its Alexandra Park development on Moor Road in Bestwood village and at its Church Fields development on Portland Great Park in Kirkby-in-Ashfield. Buyers at either of these developments who opt for the mortgage subsidy will enjoy low mortgage payments for two years from completion.

Philip Lacey, Sales Director for David Wilson says "With everyone really beginning to feel the financial pinch many families are concerned that moving to a bigger home would just be too costly. That's why we decided to help buyers with their mortgage repayments to try and ease the strain and facilitate a move that might have otherwise been put off until the credit crunch eases."

It is not just families in need of more space that the mortgage subsidy offer will appeal to, first-time buyers too could benefit. Philip continues, "If they're in a position to make the move to home ownership but are nervous about how they would cope with increased monthly outgoings, this deal could offer a much needed comfort zone and we're sure it will prove popular with a range of homebuyers."

The mortgage subsidy deal sees David Wilson subside your monthly mortgage payments by equal monthly payments over a two year period commencing on the date of completion of the purchase.

Philip concludes "This is a fantastic deal which homebuyers would be mad to miss out on. So why not come and speak to one of our experienced sales negotiators today."

Alexandra Park is a stunning collection of luxurious four- and five- bedroom homes ideal for families looking for a high quality home in a pleasant village location. Prices for properties start from £236,995.

Church Fields offers a selection of two-, three-, four- and five- bedroom homes and can accommodate everyone from first time buyers to expanding families. Prices for properties start from £99,995.

The mortgage subsidy offer is only available for a limited time on selected plots. For more information log on to Dwh.co.uk.