Larger properties for first time buyers

As a first time buyer, you may think that a one or even two bedroom home may be your only option.

This need not be the case for househunters choosing to purchase with Persimmon Homes Essex in Stowmarket, as the company has a number of three and four bedroom properties that have been priced to enable a wide variety of purchaser groups to live at the company’s sought-after development.

“It’s come as quite a surprise to a number of our visitors that they can afford a lot more house for their money at Creetings,” states Neil Sykes, sales director for Persimmon Homes Essex. “In addition to our two bedroom homes, through our commitment to the Government-led 70 per cent shared equity HomeBuy Direct initiative, our three bedroom designs start at just £111,465 and our four bedroom homes are as little as £139,965, making them extremely affordable for couples and families who don’t have a big budget to spend on a new home.”

With Persimmon’s commitment to the scheme at Creetings, properties are being marketed at 70 per cent of the market price. Househunters will be required to raise funding, including a mortgage plus any deposit where available, of at least 70 per cent of the purchase price. The remaining 30 per cent will be made up by an equity loan which is co-funded by the Government and Persimmon Homes. Households earning less than £60,000 who can not otherwise afford to purchase a suitable property unassisted on the open market will be eligible to apply.

With a range of four differing styles to choose from at Creetings, there is a home to suit every househunters’ personal requirements and financial circumstances.

Neil concludes: “At Persimmon we are very keen to support those who are keen to get either onto or move up the property ladder, which is why we’re offering properties across all our sites, including Creetings, with affordable price tags and associated incentives such as HomeBuy Direct to help them get find and purchase their dream home.”

Creetings consists of a beautiful range of two, three and four bedroom homes all designed with traditional frontages and sizeable plots.

Situated within the popular Cedars Park development, Creetings offers excellent access to the A14 and A140 as well as Stowmarket railway station. Nearby Stowmarket has a range of local amenities including shops, leisure facilities and a convenient supermarket.

If you are interested in the properties available, log on to Persimmonhomes.com.