A brand new home – with no deposit needed

If you're currently considering buying a new home but are unable to save up a deposit during this time of financial difficulty, Charles Church has come up with the answer - the FairShare shared equity scheme, available on apartments at their Oakroyd development in Birkenshaw.

The latest statistics from the Council of Mortgage Lenders shows that the average deposit put down by a first time buyer has risen significantly from 10 per cent to 16 per cent over the past year.

With Charles Church's FairShare scheme, you only pay for 75 per cent of the cost of your new home, with this prestigious housebuilder paying the remaining 25 per cent. As this is recognised as a deposit by mortgage lenders, you are not required to pay a deposit yourself, and all you need do is repay the 25 per cent after ten years or when you choose to sell your home. So even though you may not have a lump cash sum to put towards your new home, you can afford to buy at Oakroyd. This is the only way to purchase a new home without a deposit and the process couldn't be simpler!

Oakroyd is an exclusive development offering a wide range of homes from two bedroom apartments to three and four bedroom homes. The apartments are the ideal choice if you're buying for the first time, featuring spacious open plan kitchen, living and dining areas, generous bedrooms and en-suite facilities to the master bedroom. Kitchens benefit from built in appliances incorporating a single oven and chimney hood, fridge, freezer and dishwasher, and bathrooms are appointed with crisp white sanitaryware from the Ideal Standard Sottini range. Using the FairShare scheme, you can own one of these superior apartments for just £79,999, and without paying a deposit!

The charming village of Birkenshaw offers the best of both worlds; surrounded by beautiful rural countryside, the location is also in close proximity to the vibrant cities of Leeds and Bradford, where an abundance of entertainment, shopping, culture and sport can be found. The immediate area surrounding Birkenshaw also offers plenty to do - you can play a round of golf at a choice of courses, visit one of many museums, or simply enjoy a meal at one of numerous restaurants. The town benefits from excellent transport links, with the M62 and M1 easily accessible and trains to London Kings Cross from both Bradford and Leeds railway stations.

For further information, log on to Charleschurch.com.