Home ownership within reach in Watlington

First time buyers, key workers and those in rented accommodation who have been priced out of the property market locally are celebrating the news that Persimmon Homes East Midlands has received an allocation of funding that will allow it to offer the Government-led incentive of HomeBuy Direct at its Martingales development in Watlington.

Traditionally, young house-hunters in the area have been unable to stay in the village when buying their first property, but for those who want to continue to live in Watlington and invest in bricks and mortar, Persimmon Homes has the solution.

Paul Bennett, sales director for Persimmon Homes East Midlands, explains, “It’s exciting news for all concerned as we have been allocated funding to offer our stunning homes at the Martingales through HomeBuy Direct, meaning that qualifying buyers can afford to buy without having to worry about saving for a large deposit.”

At Martingales the homebuilder boasts a stunning range of contemporary three and four bedroom housetypes, which have been designed to suit the growing need among young professionals, couples and families who desire their own property to call home. With prices under the HomeBuy Direct scheme starting from as little as £111,996* for a three bedroom home there really is no better time to buy.

Due to Persimmon’s commitment more and more qualifying buyers are being able to take advantage of what Persimmon has to offer at Martingales, as Paul explains: “HomeBuy Direct is a fantastic initiative whereby purchasers, who earn a household income of less than £60,000, initially pay for just 70 per cent of the price of our homes , while the remaining 30 per cent is co-funded by Persimmon Homes and the Government and remains interest free for five years.”

Paul adds: “All househunters have to do is raise a mortgage for at least 70 per cent of the purchase price, and we’ll do the rest, it’s so simple and stress free as interested parties don’t need to find a large deposit to secure one of our beautiful homes. There’s no excuse, if you want to get a foot onto the property ladder in an enviable new home all you have to do is speak to us.”

Martingales is constructed around a series of cul-de-sacs, making it a peaceful place to call home, eliminating the worry of through traffic. At the centre of the site is an area of public open space for residents to enjoy. The development is set in the delightful village of Watlington close to the estuary of the River Great Ouse.

Couples and families will love Martingales, as the growing community has everything you could possibly want for day-to-day living, including a post office and shop, pub, sports and social club, medical centre and county primary school.

For further information about the homes currently available at Martingales, log on to persimmonhomes.com .