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Spotlight on buying your own home as housebuilder holds Help to Buy event

Added on: 29th September, 2017 by Lee_13896

Spotlight on buying your own home as housebuilder holds Help to Buy event

The focus will fall on Help to Buy and Home Change this weekend.

Last Updated:
Fri, 29 September 2017

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House hunters across Teesside looking to get on or move up the housing ladder are invited to attend a number of Help to Buy events this weekend.

Persimmon Homes is holding events at Seaton Sands in Hartlepool, Whitewater Glade in Stockton and Meadowbrook in Ingleby Barwick on September 30 and October 1 from 11am to 6pm.

The focus will fall on Help to Buy and Home Change, two schemes that have proved popular with both first-time and existing homeowners.

Independent financial advisers will be on hand to discuss the Government-backed scheme. People buying a new build only need a five per cent deposit along with a 75 per cent mortgage while the Government supplies a 20 per cent equity loan, which is interest and repayment free for the first five years.

Joan Peart, head of sales for Persimmon Homes Teesside, said: “First-time buyers find the scheme especially useful to take that first step onto the property ladder, as many of them fear they will never raise a huge deposit.

“People can so easily become trapped in the rental market, paying out large monthly amounts that leave little scope to raise the deposit they need to buy their own home. Help to Buy has opened the doors for buyers desperate to buy their own home. Buyers reserving certain plots could be in for Christmas too.

“Under Home Change, which can be used in conjunction with Help to Buy, we use all our expertise and contacts to help sell our buyer’s current home. We will arrange the valuations, agree a price and then market the property on their behalf. There are no estate agent fees or headaches - everything is taken care of. Our sales advisors will be on hand throughout the event to give people any information they need.”

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