Minimal deposit required thanks to Persimmon in Peterborough

With a report highlighting that first time buyers are currently required to raise a £37,233 deposit to buy an average starter home, it’s no wonder they’re being put off buying their first pad, but thanks to Persimmon in Peterborough a deposit of little over £4,000 is required to enable purchasers to secure their dream home.

“Our apartments at our stylish Cityscape development have been an instant hit with young househunters as the spacious flats not only represent an enviable place to live, but also fantastic value for money,” comments David Hodgson, sales director for Persimmon Homes East Midlands.

With Persimmon’s 85 per cent shared equity scheme at Cityscape, apartments start from just £85,950, meaning a five per cent deposit of £4,300 is required. What’s more 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.

David 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.”

The attractive Mendip apartments comprise of an entrance hallway, kitchen, living and dining area, two good sized bedrooms, the master of which hosts an en suite and a family bathroom, making them ideal for friends sharing or for having guests over.

To give interested parties an idea of how these beautiful homes will look, Persimmon has created a chic show apartment, in homage to London Fashion Week, which is bound to give visitors some inspiration for how to dress their own 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.

Cityscape is being constructed in a cul-de-sac design so purchasers can enjoy the best of both worlds, close to the bright lights of Peterborough’s city centre, whilst being able to escape the hustle and bustle at home. There is an abundance of off road parking and two areas of public open space for residents and their friends and family to enjoy.

The development is conveniently located off Fletton High Street, which offers an array of shops and facilities, while Peterborough’s historic centre is found just a distance away and hosts an extensive selection of shops, restaurants, pubs and leisure facilities. The city also has excellent transport access, with the A1M just approximately four miles from the centre, while via Peterborough’s mainline train station, the capital is approximately a 55 minute ride away.

For further information on homes available, contact the marketing suite at the company’s Persimmon Fields development, open Thursday to Monday from 10.30am to 5.30pm. Alternatively, visit the company’s website at: persimmonhomes.com