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Own 100% of your home for 75% of the price

25th June 2008 Print
Own 100% of your home for 75% of the price George Wimpey has launched an innovative new scheme designed to make it easier for buyers to get on or move up the property ladder by only paying for 75% of the price of their new home and not paying a deposit. With Easy Start the buyer secures a mortgage on 75% of the price through Halifax. George Wimpey then steps in by providing a rent and interest-free loan on the remaining 25% of the purchase price for up to ten years.

From day one, the purchaser owns 100% of their new home for 75% of the price.

The scheme is available at Chapelfield Park in Radcliffe, where a two bedroom apartment can be bought for just £106,496.

"This scheme just couldn't be more straightforward," says Anthony Mansfield, regional sales and marketing director. "The purchaser owns 100% of the property from day one and is free to make payments during the 10 years period to suit their individual circumstances - this could mean up to three smaller payments, repaying the total amount early or waiting until the end of the period. We believe that this is just the sort of simple and effective scheme that buyers are looking for at the moment and we're expecting a great deal of interest from savvy buyers."

Located on Stand Lane, Chapelfield Park is an impressive development of 130 properties comprising a range of two bedroom apartments and three and four bedroom townhouses.

Ideally situated just outside the main shopping centre of Radcliffe and a short drive from the local town centres of Whitefield and Bury, the development is in a pleasant residential location with a range of local amenities. Some of the homes and apartments on site also offer spectacular views of the surrounding countryside and the nearby golf course.

For further details about Easy Start, including full terms and conditions, log on to Georgewimpey.co.uk/easystart.

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Own 100% of your home for 75% of the price