Minimal deposit needed for a new home in Aylesbury
With a report highlighting that first time buyers are currently required to raise an average of £37,233 deposit to buy a starter home, it’s no wonder they’re being put off buying their first pad, but thanks to Persimmon in Aylesbury a deposit of little over £7,000 is required to enable purchasers to secure their dream home.
“Our stylish two bedroom Orford houses at our stunning The Green development are continuing to be a hit with young househunters as their spacious interiors not only represent an enviable place to live, but also fantastic value for money,” comments Elaine Stratford, sales director for Persimmon Homes Thames Valley.
With Persimmon’s 85 per cent shared equity scheme at The Green in Aylesbury, the attractive houses start from just £152,958, meaning just a five per cent deposit of £7,648 is required.
Bob Neill, director at Mortgage Bureau, works with Persimmon to enable househunters afford their home with financial ease. He states: “Many first time buyers with only a small deposit come to me thinking they’ll only be able to afford a studio flat in an undesirable area, but thanks to schemes such as Persimmon’s shared equity incentive at The Green, those purchasing their first home can afford so much more and in an attractive area, it’s a win-win situation.”
Persimmon and Mortgage Bureau have come together to source an unbeatable 3.99 per cent tracker mortgage with the Dudley Building Society. This fantastic rate means purchasers at The Green will be paying either less or similar to the average rental costs in the area, demonstrating there is no better time to invest in bricks and mortar in Aylesbury.
In addition, when buying a brand new property from the leading homebuilder, first time buyers can be safe in the knowledge that they will be guided through the purchasing process by Persimmon’s expert sales advisers.
Elaine adds: “Buying a property can become quite complicated, which is why I’d like to reassure our purchasers that we’re here every step of the way to assist them with buying their dream home.”
Through the shared equity scheme, purchasers initially pay for just 85 per cent of the purchase price, deferring payment on the remaining 15 per cent, which is interest free for ten years.
Developed around a leafy retained village green, the two, three and four bedroom houses at The Green have been sympathetically designed to complement the existing vernacular whilst also offering the style and sophistication expected of a Persimmon home. The development is situated on Mandeville Road in Aylesbury and within easy reach of the A41 and M40.
To find out more about the properties available at The Green, contact the marketing suite, open daily from 10am until 5pm.
