Newcastle buyers prove now is the time to buy

Whilst recent reports about lending and the availability of credit may have unnerved some people, it seems house hunters in Newcastle under Lyme are as keen as ever. Many buyers at Lyme Valley in Newcastle under Lyme have been able to buy as a result of Persimmon's Helping Hand shared equity scheme.

Until recently, this incentive was only available on apartments, however due to demand, the company is now offering houses with Helping Hand and subsequently, properties are selling at an exceptional rate.

With the Helping Hand shared equity scheme, purchasers paying for a percentage of the property yet they own it entirely. On apartments, buyers pay 75 per cent of the value of the property and on traditional homes it's an 85 per cent payment with the remaining percentage deferred for up to ten years.

Ideal for those on lower incomes and for the growing number of people wanting to buy on their own, Persimmon's Helping Hand scheme is an ideal option for many buyers as it means they are able to buy a home without having the cost of the whole mortgage, with no fees or monthly rental to pay on the remaining percentage*.

Claire Jarvis, Persimmon's regional sales manager, comments: "Helping Hand makes a real difference to purchasers as it allows them to take out a mortgage which they feel comfortable with now, with the assurance that they have a few years to repay the outstanding amount until they feel more financially secure.

"Anyone who is in the market for a new home in Newcastle under Lyme should get in touch to see how our Helping Hand shared equity scheme could help them out."

With Helping Hand, one apartments at Lyme Valley are currently priced from only £89,997 and three bedroom homes are priced from £184,995.

Persimmon's Lyme Valley development is ideally placed within just five minutes walk into the lively and historic town centre of Newcastle under Lyme. The area boasts excellent schools catering for all age ranges and the town centre is bustling with markets and shops. Perfect for commuters, the development is just a short drive to the M6 motorway.

For further information on the properties available at Lyme Valley, visit Persimmonhomes.com.

* Terms and conditions apply.