Persimmon celebrates 1000th HomeBuy Direct reservation

After 18 months of searching, Dylan Parry and his partner Julie Morris from Gloucester, had almost given up all hope of affording their own home until they heard about the support they could get from using the Government and became Persimmon’s 1,000th HomeBuy Direct purchaser in finding their perfect home at The Marketplace development off St. Oswald’s Road in Gloucester.
Dylan (27) a web developer and his partner Julie (28) a behavioural psychologist, had been in rented accommodation and were becoming increasing frustrated that they were not investing in their future and their own bricks and mortar.
Dylan explained: “We were conscious that renting was like throwing money down the drain and yet we just couldn’t seem to find the right buying scheme that could help us achieve our dream of owning our own home. Most schemes and mortgage lenders were asking for 15 per cent deposit allowing borrowing of 85 per cent which was just out of our range.
“Julie came across the HomeBuy Direct scheme, which is exclusive to new homes, whilst searching the internet and just couldn’t believe that the scheme meant that all we needed to find funding for was 70 per cent of the purchase price of a property with the remaining 30 per cent made up by an interest and repayment free loan for the first five years and, that properties were available at Persimmon’s The Marketplace development, in the location where we wanted to live, just a five minute walk from the centre of town.”
After picking the property they wanted and speaking to an independent financial adviser, Dylan and Julie were delighted to be able to reserve their three bedroom Dartford townhouse and are looking forward to moving in.
Dylan continued: “The house is perfect for us and as I work from home, the third bedroom makes an excellent study. We just can’t wait until March when we move in and are thankful that the HomeBuy Direct scheme was available to enable us to own our own home.”
The Marketplace is located off St Oswald’s Road, just a short walk from the centre of Gloucester. When complete the development will feature a total of 450 properties, ranging from one and two bedroom apartments to two, three and four bedroom homes, available in a variety of styles, from townhouses to traditional family homes.
As well as excellent new housing, residents of The Marketplace can enjoy a whole host of superb local facilities from a large retail and leisure complex to an improved infrastructure network and the vicinity of city centre bars and restaurants. Prices start from as little as £135,995 for the two bedroom coach house design and three bedroom homes under the HomeBuy Direct scheme start from just £135,796.
Dominic Harman, Persimmon’s Group Communications Director, comments: “We are delighted that HomeBuy Direct is proving so successful and it demonstrates that this initiative is helping hundreds of young people like Dylan and Julie, to make that first move on to the property ladder.
“The scheme is a real positive step, helping to restore the growing confidence and stability in the property market by giving customers who may have limited funding a real opportunity to purchase their own a new home. Since it was launched in April, over 1,200 of our properties across the country have been reserved showing the real success of the scheme.”
For more information, visit persimmonhomes.com.