Affordable new homes with distinction

It’s good news for those looking to move from rental accommodation to homeownership in Boston as buying with Persimmon Homes East Midlands at it’s the Waterfront development in the town has been reported to be cheaper than renting.

Steve Matthews sales director for Persimmon Homes East Midlands, explains: “With rental figures for the Boston area averaging £450* per month, in comparison to buying one of our one bedroom apartments at The Waterfront, where mortgage costs per month standing at about £285*, there’s no denying that investing in bricks and mortar is the more favourable option.”

Through Persimmon’s commitment making homes as affordable as possible, prices through the company’s 75 per cent shared equity scheme start from £67,946 for the one bedroom Trinity design.

Steve adds: “Through the initiative, purchasers will be required to raise funding through a mortgage for 75 per cent of the purchase price as there is no deposit required, meaning buying with us is not only affordable but a very attractive proposition.”

What’s more, Persimmon is offering purchasers the chance to take advantage of its unique complementary designer package, Designpak, which incorporates the furniture for the entire property and also includes a professionally designed interior design scheme from one of four differing styles to choose from depending on individual’s tastes and requirements.

Steve concludes: “Through our various incentives such as shared equity and Designpak we’re going some way to assist first time buyers and those with a limited budget purchase and even dress their new home. I’d urge interested parties to get in touch with us at The Waterfront as soon as possible as these great deals won’t last forever.”

The Waterfront benefits from easy access to Boston’s plentiful amenities as well as excellent transport links to Lincoln and the coast. London can be reached from Boston’s train station in a little over two hours.

For further information on The Waterfront in Boston, visit the on site marketing suite open Thursday to Monday from 10.30am to 5.30pm, or log on to Persimmonhomes.com.

*Figures correct as of June 2009.