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 Peterborough as properties at Persimmon Homes’ inviting Cityscape development 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 to be 30 per cent less than rental figures,” states Cheryl Bissett, sales director for Persimmon Homes East Midlands. She adds: “This is being reflected in Peterborough as we’re seeing a great number of new visitors to our Cityscape development, all looking to take their first step onto the property ladder instead of being caught out in the rental market.”

Persimmon Homes is offering the Government-led 80 per cent shared equity FirstBuy scheme on selected two and three bedroom properties at Cityscape, which have been impressing first time buyers looking for somewhere truly special to call home.

Cheryl continues: “We are one of just a handful of developers in the area offering the attractive 80 per cent shared equity scheme. This means homebuyers can purchase a beautiful house in an up and coming area of Peterborough, with just a five per cent deposit to pay.”

The attractive two bedroom Malvern designs are priced from as little as £111,995 through FirstBuy the scheme at Cityscape. With monthly mortgage repayments set at £175 below the average rental costs of the area, it’s easy to see why buying a brand new property with Persimmon isn’t just an attractive proposition, but an affordable one too.

To give interested parties an insight into how the properties at Cityscape will look when complete, Persimmon has transformed one of the three bedroom Evesham housetypes into a stunning viewhome, which is just waiting to be explored.

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 short 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, whilst via Peterborough’s mainline train station, the capital is approximately a 55 minute ride away.

For further information on homes available, visit persimmonhomes.com.