The easy way to get a foot on the property ladder

Nottinghamshire first time buyers struggling to get a foot on the property ladder could find a helping hand from local housebuilder Rippon Homes and its new Easy Way shared equity scheme.

A tailored made initiative exclusively for prospective home owners, Easy Way allows buyers to initially purchase a property for just 75% of the price. Rippon Homes will fund the remaining 25% through a deferred loan which is interest free and payable in 10 years time or when the home is sold, whichever comes first. There is no deposit needed, no stamp duty or legal fees to pay and purchasers own 100% of their new home from day one.

Tracey Nicholls, Sales and Marketing Manager for Rippon Homes says “Easy Way is a fantastic scheme ideal for those looking to take their first steps onto the property ladder. No deposit is required and buyers don’t have to pay stamp duty or legal fees so this will be a welcome helping hand for anyone struggling to save for a deposit or worried about funding the additional costs of buying a new home during the current economic conditions.

“So if you’re ready to bite the bullet and make the move into home ownership, ring our free phone sales hotline today to find out about the Easy Way to buy a new Rippon Home.”

The Easy Way shared equity scheme is available on certain plots at three of Rippon Homes’ developments in Nottinghamshire including Meadow Bank, Heathside Gardens and The Hawthorns.

Situated on Baums Lane in Mansfield, Meadow Bank offers homebuyers contemporary, three- bedroom properties in a convenient location which is ideal for professionals, couples and small families. Prices for properties start from £165,950.

Heathside Gardens is located on Jubilee Way in Mansfield and boasts a range of three- bedroom houses in an already established residential area. Prices at the development start from £134,950.

The Hawthorns is a charming development off Eakring Road in Bilsthorpe and comprises three- bedroom properties in a pleasant rural village. Prices at The Hawthorns start from £133,950.

For more information, log on to Ripponhomes.co.uk.