Live the high life on a budget with Persimmon Homes

Picture waterside living in a contemporary two or three bedroom apartment, on the outskirts of one of the country's most beautiful cities and you're probably wondering how expensive it would be.

Well with Persimmon Homes East Midlands, it's more affordable than you think, thanks to the company's latest initiative to help those looking for their dream home.

"Our gorgeous apartments at our Hydro development in St Neots are now available on our Government supported ‘My Choice Homebuy' scheme, which means purchasers will own 100 per cent of their home after initially just paying 50 per cent of the price," explains Steve Matthews, sales director for Persimmon Homes East Midlands.

Under the initiative, purchasers would pay their mortgage on the first 50 per cent, while the remaining 50 per cent is payable over ten years and at just 1.75 per cent, which is well below the average rate of repayment loans, making an extremely affordable option*.

Steve continues: "By offering shared equity, we're assisting a wide variety of purchasers, including those finding it difficult to get a foothold on the property ladder.

"Our affordable 50 per cent shared equity scheme means that these househunters can now find the home they're looking for at a price tag they can afford. Take for example the two bedroom apartment priced from £179,995, with My Choice Homebuy, purchasers would pay just £89,998."

What's more, Persimmon is also offering its acclaimed Move into a Showhome incentive to purchasers. This is a popular choice among first time buyers as Persimmon will professionally interior design and style 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: "At Persimmon, we're keen to enable a wide variety of househunters no matter what their budget or circumstances to be presented with affordable yet desirable homes in sought-after locations, which is what we've achieved at Hydro."

The development benefits from excellent access to major towns and cities and whilst Hydro enjoys a quiet location, it also benefits from good transport links north and south via the A1 and A428, making it ideal for commuters. Bedford is just a 20 minute drive away and Cambridge can be reached in 30 minutes, or leave the car at home, jump on the train and you can be in Kings Cross in 45 minutes.

For further information log on to persimmonhomes.com.

* Terms and conditions apply.