Buyers looking for
affordable homes may wish to consider taking advantage of the Head Start shared equity deal offered by David Wilson in order to secure a new property.
Under the terms of the scheme, buyers initially pay 85 per cent of the total list price of the home, the remainder being funded by a deferred loan from the developer.
Buyers who take advantage of the initiative will have to pay off the 15 per cent either when they come to sell the house or after ten years, whichever comes sooner.
Sales director at David Wilson Philip Lacey explained that the company is "committed" to helping first-time buyers looking for
affordable homes.
He described Head Start as "a great scheme which is proving a lifeline to those struggling to save a big enough deposit".
One purchaser who has already taken advantage of the offer is 26-year-old Rebecca Vickerman, who purchased a one-bedroom property at David Wilson's Kibworth Meadows site in Leicestershire.
Also available is David Wilson's Movemaker initiative, which helps ease the process of buying a new property.
See Also: Property News (6680)
Date Published: 29 October 2009
Related News
