Drop in event for first time buyers in Norwich

With stories of housing market misery hitting the press on a daily basis, first time buyers would be forgiven for thinking that their home ownership dream is near-impossible, however Orbit HomeBuy Agents are holding a drop-in event in Norwich to show buyers that there is hope!

Sarah Hipkiss and Margaret Snook from Orbit HomeBuy Agents will be at the Broadland District Council offices, on Tuesday 5th July from 1 pm – 4 pm and will explain all about the range of products under the ‘HomeBuy’ banner which aim to help those struggling to take that important step onto the property ladder.

HomeBuy is a range of government-funded initiatives which include affordable home ownership schemes such as HomeBuy Direct and HomeBuy Shared Ownership, as well as the Rent to Buy and Intermediate Rent schemes which enable people to rent their home at a discounted rate while saving up for a deposit to purchase at a later date.

Visitors to the event will also be able to find out about the newly launched, £250 million ‘FirstBuy’ scheme. The scheme is expected to help thousands of buyers over the next two years and is open to those with a household income of less than £60,000 a year and who can provide a minimum of just 5% deposit.

FirstBuy allows buyers to purchase a new home for a minimum of 80% of the market value, an equity loan of up to 20% is provided jointly by the house builder and the government which is interest free for the first 5 years.

The drop-in takes place at the Broadland District Council offices Thorpe Lodge, 1 Yarmouth Road, Norwich, NR7 0DU. Visitors to the event will be invited to enter a free prize draw with the chance to win £50 of high street shopping vouchers so this really could be an afternoon of opportunity in more ways than one!

For further information about the event or Orbit HomeBuy Agents,  visit: orbithomebuyagents.co.uk