Why rent when you can buy with Barratt in Plymouth

Renting like the only option for many – but visitors to one of Barratt’s newest developments are choosing to buy a new home because it makes more financial sense.

Buyers are putting down roots at Barratt’s Brunel View development in Plymouth instead of renting elsewhere in the city.

“These new homes are catching the imagination of people here,” said Barratt sales manager Mary Daymond. “House prices in this region are notoriously high and many potential buyers are put off trying to enter the property market. But here at Brunel View we offer various schemes designed to help first time buyers.

“This development is ideal for anyone looking to take their first step on the property ladder – and the timing has never been better for first time buyers as they can now take advantage of the FirstBuy scheme.”

Under FirstBuy, first time buyers are offered a loan of up to 20 per cent of the price of the property, jointly funded by Barratt and the Government’s Homes and Communities Agency.

The buyers then have to find the remaining 80 per cent of the price themselves with the mortgage and deposit.

In practice, that means that anyone buying a two bedroom home at Brunel View priced at £132,000 under Firstbuy a first time buyer would potentially be able to get on the housing ladder with a deposit of as little as £5,280.

“From the point of view of a first time buyer in Plymough, FirstBuy represents an outstanding opportunity to take their first step on the housing ladder,” Mary continued, “I would urge anybody interested to act fast as availability is limited.’’

Among those who have benefitted from FirstBuy with Barratt in the south west is Hannah Page who is the first person in the country to take advantage of the scheme with Barratt.

“I was keen to find my own home but I wasn’t sure if it would be possible to own one,” said Hannah.

“It’s fantastic because I have been able to buy a brand new home with FirstBuy for less than I ever imagined,” added Hannah. “And now I’m in, life is very good. I can’t wait to get settled.’’

Taking its name from the site’s location, just two miles from the Tamar Bridge, Brunel View is perfect for those seeking stylish new homes within a relaxed setting but also close to local amenities and shopping.

It is also just a few minutes away from the A38 – providing easy access to Plymouth airport, Exeter and West Cornwall.

For further information about Brunel View, visit barratthomes.co.uk.