Save on a new home at The Sidings

First-time buyers keen to escape the rental market, and people without a place to sell, could save thousands of pounds on a brand new home this weekend (20/22 June) at The Sidings in Blackhall Rocks. Thanks to the helpful ‘Head Start' offer from housebuilder Barratt Newcastle, you could buy now for only 85% of the purchase price and move in for just £99 down.

Your 5% deposit is paid by Barratt and the remaining 10% of the purchase price is deferred - interest-free - for up to ten years.

In addition, Barratt will pay your stamp duty and legal fees, and include fitted carpets, fridge freezer and washing machine, and a lighting package.

This means that you could move into a stylish 2-bedroom Washington house and pay just £99,000, instead of £116,495, or a 3-bedroom Palmerston for only £116,000 instead of £136,495.

The scheme is available for a limited period only and Barratt Newcastle Sales Manager Steve Mariner said: "This is a terrific offer which can enable people to move into a brand new home with only an 85% mortgage, making homebuying very affordable.

"It's not shared ownership - it's your home, and you own 100 per cent of it but pay only 85 per cent of the purchase price now. We pay your deposit and there's no interest or rent to pay on the other 10 per cent for up to ten years or until you sell the property, whichever is sooner."

The Washington is an ideal first home, offering style and value for money. It has a fully-fitted kitchen, open-plan living room with dining area and French doors leading into the garden, two double bedrooms and bathroom.

The Palmerston features an open plan lounge and fitted kitchen with dining area and French doors into the garden, two double bedrooms, a third single, and family bathroom.

The Sidings is conveniently located at Blackhall Rocks near Peterlee, and has access to an excellent road network. Being within 30 minutes drive of Sunderland, Durham and Middlesbrough homeowners can enjoy both the fresh coastal air and easy commuting.

Showhomes are open from 10.00am to 4.00pm, Friday to Tuesday. For more information visit Barratthomes.co.uk/thesidings.