Persimmon goes the extra mile for first timers in St Neots

The opinion from some quarters states that it could take 17 years to save enough for a new property deposit . However, Persimmon Homes East Midlands has hit back to offer first time buyers in the region a much needed lifeline.

The homebuilder has launched the 85 per cent shared equity scheme at the Beaufort Gardens development in St Neots, meaning that purchasers only need to raise a small five per cent deposit of £8,500 to achieve the home of their dreams.

“We don’t want first time buyers to worry and assume they can’t get onto the property ladder because this simply isn’t the case,” comments David Hodgson, sales director for Persimmon Homes East Midlands. He continues: “We want to help as many people as possible get on to the property ladder and the shared equity scheme is just one way we are able to assist.”

David continues: “Many people say that first time buyers should be prepared to be flexible and make compromises to suit their budget. However, at Beaufort Gardens, we have priced our three bedroom properties in line with first time buyers’ budgets with homes priced from just £169,995 through shared equity, the development is in a fantastic location and homes are finished to a first class specification inside and out so first time buyers certainly won’t have to make any compromises here.”

Beaufort Gardens is proving to be popular with first time buyers, couples, families, those looking to downsize and investors and offers a fine selection of three and four bedroom homes.

The development benefits from excellent access to major towns and cities with access to the north and south via the A1 and A428, making it ideal for commuters. Bedford is just a 20 minute drive away and Cambridge can be reached in 30 minutes, or leave the car at home, jump on the train and you can be in Kings Cross in 45 minutes.

For further information on homes available, visit the company’s website at: persimmonhomes.com