Persimmon makes home ownership a reality

Persimmon Homes East Midlands knows the importance of being able to own your own home, which is why the company is promoting its Helping Hand shared equity scheme at its Meridian development in Hampton Hargate to particularly help first time buyers.

The Helping Hand initiative is available on selected properties and allows purchasers to own a home having initially paid for just 75 per cent of the value of the property. They then have up to ten years to pay back the remaining 25 per cent of the current property price.

Steve Matthews, sales director for Persimmon Homes East Midlands states: "While new homes in many places across the UK still represent good value for money, as an industry we have to accept that many purchasers are finding it difficult to get a foot on the property ladder in the current climate.

"Helping Hand makes a real difference to such buyers as it allows them to take out a mortgage which they feel comfortable with to pay for the initial 75 per cent and hold off paying for the remaining 25 per cent for a few years until they feel more financially secure. The remaining 25 per cent is also interest free, meaning purchasers aren't incurring any added costs."

Persimmon is currently offering a beautiful range of one and two bedroom apartments at Meridian, all of which come complete with parking space. Prices at the development start from £117,500 and with Helping Hand, purchasers would pay just £88,125, making it a very attractive opportunity.

Persimmon is also offering househunters its acclaimed ‘Move into a Showhome' scheme, which is a popular choice among first time buyers as Persimmon will professionally interior design and even fully furnish their home at no extra expense. Purchasers can therefore sit back and relax, knowing their home will be the envy of all who visit without any additional effort required.

Steve concludes: "Due to our low prices, it's cheaper to buy than rent in the area, making Hampton Hargate an attractive prospect for those looking to secure their dream home."

Hampton Hargate has an excellent range of amenities, sports centre and a local school. It's an ideal location for commuters with the A1 leading to Huntingdon, Cambridge and the North and the A605 to Northampton and A47 towards Wisbech and Leicester, close by.

If you'd like to find out more about shared equity and the homes available at Meridian, visit Persimmonhomes.com.