Dream homes for just 85 per cent of the price

For many of the Island’s residents getting a foot on the property ladder may seem a distant dream, but David Wilson Homes has launched its popular Head Start scheme at Carisbrooke Grange in Newport, where you can secure a brand new home for just 85 per cent of the asking price.

“There are times when the thought of buying your own home for the first time seems almost impossible,” said Mark Docherty, David Wilson Homes’ sales director.

“Securing that home is one of the most difficult challenges facing buyers today. We understand that – and we want to make sure that everyone has a chance to live in a place of their own. It is our aim to make sure the process is as straightforward as possible. That’s why we offer Head Start at Carisbrooke Grange.”

Head Start is a shared equity scheme designed to help buyers take their first step in to the property market. Buyers can buy a home at the exciting new development for just 85 per cent of the asking price. The remaining 15 per cent is funded through a deferred David Wilson loan. And buyers don’t have to pay this until the home is sold again or in ten years, whichever is sooner.

Carisbrooke Grange is currently offering two bedroom apartments which start at £140,000 for just £119,000.

“Now is a fantastic time to for people to buy if they can because there is a very good chance of properties increasing in value later on,” explained Mark.

“So, if it is just the financial side causing a problem, it is definitely worth paying us a visit at Carisbrooke Grange. We have helped so many buyers in to their dream homes over recent years – and we hope to help many more in the future.”

Carisbrooke Grange is situated in a convenient position to the west of Newport. The area is an ideal location for all age groups as it offers a wealth of amenities and easy links to the mainland with over half of the island designated as an area of outstanding natural beauty.

For further details on Head Start at Carisbrooke visit the sales office in Sylvan Drive, Newport, open daily from 11am to 6pm.