FirstBuy to assist Stourbridge househunters

Are you determined step onto the property ladder but concerned that you don’t have enough funds to do so? Heard the word FirstBuy but don’t completely understand what the new home moving scheme is all about?

If so, you need to pay a visit to Persimmon Homes’ Crystal Mead development in Stourbridge where the Government-led 80 per cent FirstBuy scheme is now on offer.

Alison Reading, sales director for Persimmon Homes South Midlands, is confident the initiative will help local househunters. She said: “As a Group Persimmon Homes has been given the largest allocation of properties through FirstBuy by the Government and we are delighted to be able to offer the scheme at our Stourbridge development.”

FirstBuy is offered through equity loan funding of up to 20 per cent of the purchase price split equally between the Homes and Communities Agency and Persimmon, with purchasers being required to raise funding (a mortgage plus deposit) of at least 80 per cent of the purchase price.

Crystal Mead hosts a beautiful collection of two bedroom apartments as well as a selection of three and four bedroom housetypes, with prices through the FirstBuy scheme starting from as little as £84,760.

To find out more about the FirstBuy scheme, log onto persimmonhomes.com.

Alison concludes: “Due to the limited supply of housetypes through the FirstBuy initiative at Crystal Mead, I’d recommend househunters speak to our sales advisers sooner rather than later to find out how we can help find the home of your dreams.”

Crystal Mead offers a stunning collection of homes ideally located in the popular residential area of Wordsley, Stourbridge. Situated on the site of the Wordsley hospital in Auckland Road, many of the old buildings have been retained and sympathetically restored, including the historic clock tower.