Dream homes well within reach for first time buyers on the IOW

Teachers on the Isle of Wight need look no further than Barratt for the chance to own the perfect first home.

The housebuilder offers an extensive selection of impressive new homes in a range of different styles at developments in Newport and Whippingham. And now there is even more reason for those seeking to enter the property market for the first time to closer look at what is on offer thanks from Teachers Building Society.

"We understand how difficult it can sometimes be for buyers to climb onto the first rung of the property ladder," said Barratt senior sales manager, Zak Long.

"And we offer a range of schemes, designed specifically for this purpose. Right now there is a very special opportunity for buyers in this area to own one of our homes without the need for a deposit - thanks to FirstBuy."

FirstBuy is funded by the Homes & Communities Agency and provides buyers with a route to home ownership at the lowest possible cost. And buyers at either Barratt development also have the opportunity to take a mortgage with Teachers Building Society - with no deposit required.

"Teachers Building Society has been helping those in the teaching profession onto the property market for 45 years. And now this very special offer is being extended to include those buying homes within Hampshire," added Zak.

Under FirstBuy, qualifying 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.

Buyers then only have to find the remaining 80 per cent of the price themselves - covered by the mortgage from Teachers Building Society.

Barratt offers a selection of developments throughout on the Isle of Wight with homes at Pan Meadows and Hawthorn Meadows in Whippingham.

"This is an excellent opportunity for first time buyers on the island to realise the dream of owning a new home," said Zak. "Our sales teams are ready and waiting to provide visitors with all the information they need to become new residents at one of our developments."

See Also: Property News (6705), Barratt Homes (163), Pan Meadows (4), Hawthorn Meadows (5), Whippingham (3), Isle of Wight (3)