Why now is the time to buy your dream home

With a report detailing that the combination of steady house prices and the rising cost of renting, it’s once again cheaper to buy a property, which will come as welcome news for first time buyers in Coventry as properties at Persimmon Homes’ inviting Coventry developments are priced extremely competitively to allow purchasers to buy their first home with relative financial ease.

“With interest rates continuing to remain low, monthly mortgage repayments are reported [2] to be 10.5 per cent less than rental figures,” states Alison Reading, sales director for Persimmon Homes South Midlands.

She adds: “This is being reflected in Coventry as we’re seeing a great number of new visitors to our three stunning developments, Renaissance, Venue@Bannerbrook Park and Five@Bannerbrook Park, all looking to take their first step onto the property ladder instead of being caught out in the rental market.”

Within Coventry, Persimmon is offering a selection of one and two bedroom apartments, as well as a collection of two, three and four bedroom houses, enabling all househunters, no matter what their circumstances to find their dream home at a price they can afford. Prices start from as little as £67,445.

On selected plots at the homebuilder’s Coventry developments, Persimmon Homes is offering a range of incentives to help make the moving process that much more cost effective. The deals include five per cent deposit paid, part exchange and the recently launched and Government-backed 80 per cent shared equity scheme FirstBuy.

With monthly mortgage repayments set at low as £460[3] when purchasing with Persimmon in Coventry, it’s easy to see why buying a brand new property with Persimmon isn’t just an attractive proposition, but an affordable one too.

If you would like to find out more about the stunning collection of properties being built by Persimmon Homes in Coventry, visit persimmonhomes.com.