Spacious homes for those with no deposit

Is your current family home bursting at the seams, or you feel trapped in rented accommodation because you can’t afford to save for a deposit to buy your own family home? If this sounds all too familiar then your prayers have been answered as Persimmon Homes Thames Valley has an extremely affordable solution to suit you at its Sovereign Fields development in Bracknell.

Sharon Eldred, sales manager at Persimmon Homes Thames Valley, explains: “At Persimmon we understand the frustration many families currently face, they feel trapped in rented accommodation and due to the current economic climate they have no means to save for a deposit, while at the same time they have out grown their existing home and need more space for everyone.

“It’s for this reason that we supporting the Government-led 70 per cent shared equity HomeBuy Direct scheme, meaning that purchasers can afford a spacious three or four bedroom family home at our attractive Sovereign Fields development in Bracknell, without the stress of having to finance a deposit or even a large monthly mortgage.”

The company will be hosting a HomeBuy Direct event on the 5th and 6th September, giving interested parties an insight into how beneficial the scheme is. Over the two days Persimmon’s expert sales advisers, a mortgage adviser and a representative from the HomeBuy Direct agent will be present.

HomeBuy Direct is available on selected family properties at Sovereign Fields and prices through the scheme start from just £188,996 for a three bedroom home. The initiative is available to househunters who earn a household income of less than £60,000 and homebuyers just have to find a mortgage for 70 per cent of the asking price, while the remaining 30 per cent is co-funded by Persimmon Homes and the Government.

Sovereign Fields offers an ideal location to raise children. The development is being constructed around a series of cul-de-sacs, meaning there is no worry of through traffic. There are also a number of handy facilities being built, including a local school, health centre and play area and even a pub for parents to enjoy.

The development is also excellently located for commuters as its close proximity to the A322 means access to Bracknell’s centre as well as town’s such as Reading and Camberley as well as the City are in easy reach.

Sharon concludes: “If the thought of owning your own family home appeals to you and you’re looking for a property that you intend to spend some quality family time in, then Sovereign Fields is perfectly suited for your needs. Our expert sales advisers at the development are on hand to talk you through the process and how HomeBuy Direct can work for you, I’d recommend you come and see us before too long as interest in our new properties available at the development is already very high.”

Part of the wider Jennett’s Park development, Sovereign Fields is situated close to Tarman’s Copse, one of two retained woodland areas incorporated within the development which, alongside the 91-acre adjacent country park, have been designed to encourage residents’ to make the most of their leafy, semi-rural location.

Nearby Bracknell town also has plenty to offer with excellent shopping facilities including an array of popular high street names. Bracknell is also renowned for its excellent sporting and leisure facilities and is ideally located for reaching the M3 and M4. A direct train to London Waterloo can be taken from Bracknell station with an approximate journey time of 62 minutes.

Those who are interested in the enviable homes on offer at Sovereign Fields should log on to persimmonhomes.com for more information.