National housebuilder Redrow Homes is inviting house-hunters to two events this weekend (28th and 29th April 2012), so that they can find out more about the government's NewBuy purchase assistance scheme and how it can help them purchase a new home with a deposit as low as 5%. The events are taking place at Cressington Heath in Garston and Fox's Fold at Barton-upon-Humber.
The event is taking place on Saturday and Sunday at Cressington Heath, and visitors will be able to see for themselves the range of three- and four-bedroom houses for sale at the development. Prices start at £199,995, and with an approved 95% NewBuy mortgage, purchasers could secure the home of their dreams with a down-payment of just £10,000.
Lesley Myers, area sales manager for Redrow Homes (Lancashire) says: "We've received lots of enquiries from people eager to find out more about NewBuy and how it can help them access competitive interest rates even if they haven't got a large cash sum to put down as a deposit. Customers have been delighted to discover it's not just first-time buyers who can benefit from the scheme and that those who want to climb the property ladder may also be able to use NewBuy. This weekend we'll be answering purchasers' questions about NewBuy and our mortgage specialists will be on hand to offer financial advice."
The one-day event at Fox's Fold takes place on Sunday 29th April. The news for buyers here is even better - it's possible to find a property starting at £104,999 here, so purchasers can get on the property ladder using a deposit of just £5,250. They have a choice of home styles with two, three or four bedrooms, so there is an option for almost everyone. It's been popular with commuters to York and Hull, and with tolls on the Humber Bridge recently reduced, it's an even more affordable option now.
"We know that lots of people want to buy our new homes and NewBuy will hopefully provide them with the means. It could be the difference between buying an older property that's in need of lots of repairs and modernisation and buying a beautiful brand new home," says Patsy Aicken, sales director for Redrow Homes (Yorkshire). "Boasting a high specification as standard, our homes feature well-equipped kitchens with integrated top-brand name appliances including microwave, oven and fridge freezer, bathrooms and en suites that enjoy quality fixtures and fittings, plus energy efficient measures that should help homeowners save money on their fuel bills."
There is another option for first-time buyers, there's also the option of another government scheme, FirstBuy, to help them get on the property ladder. With this scheme, up to 20% of the purchase price can be deferred, reducing monthly mortgage payments, and the scheme can still be accessed with a 5% deposit.
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http://www.whathouse.co.uk is a leading new homes portal offering listings and advice to property finders across the UK. Find a Property in the UK from all major housebuilders building new retirement homes and affordable new homes including government schemes such as FirstBuy and Shared Ownership
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