Direct help for Scunthorpe’s first time buyers

Determined to make 2009 the year you step on the property ladder but are unsure about whether now is a good time to buy? Heard the words ‘HomeBuy Direct’ but don’t completely understand what the scheme is actually all about? If so, you need to make sure you attend the first time buyers’ event at Lakeside in Scunthorpe this weekend, Saturday 27th and Sunday 28th June.

Independent financial advisers will be on hand to discuss finance options and Persimmon’s experienced sales adviser from Lakeside, Elaine Mackay, will be available to take applications for HomeBuy Direct - the newly launched Government-funded shared equity scheme.

However, it’s not just free financial advice that’ll be on offer at Lakeside as visitors will be able to take advantage of some great prices, including the competitive price tag on the two bedroom Durham home at plot 10 which, with HomeBuy Direct, is just £83,999.

HomeBuy Direct aims to put households with incomes below £60,000 in a position where they can afford to purchase on the open market and who are specifically buying a new build property. Househunters are only required to raise funding for 70 per cent of the purchase price including a mortgage and the remaining 30 per cent is made up by an equity loan which is co-funded by the Government and Persimmon Homes.

Even if house hunters haven’t got a deposit for a new home, but desperately want to move, there’s no need to worry as the HomeBuy Direct scheme is aimed at those who haven’t built up a substantial bank of savings to help them onto the property ladder – the only thing they have to pay is a visit to Lakeside.

Karen Harrowell, sales director for Persimmon Homes Yorkshire, is confident the event will be of help to the region’s house hunters. She said: “Those who have never bought before may be unfamiliar with the jargon that’s associated with buying property and may feel the whole process is something of a minefield.

“However, with our help, we can prove that it’s not as complicated as first imagined. Anyone who is looking to take their first exciting step on the property ladder should definitely pay a visit to the event at Lakeside and have a chat with our experts.”

Lakeside, situated at Lakeside Parkway, is a new development of stunning homes conveniently located for access to excellent local amenities including retail, leisure and sport facilities. It's also ideally located for access to the motorway network and both Humberside Airport and Robin Hood Airport in Doncaster.

For further information on the homes available at Lakeside, or for more details on the first time buyer event, log on to persimmonhomes.com.