Time is running out for first time buyers in the region to take the perfect route into the property market.
Those wishing to take advantage of the popular FirstBuy scheme at Barratt developments Pan Meadows in Newport and Hawthorn Meadows in East Cowes must hurry before it is too late as the success of the scheme means the funds are now starting to run out.
"We understand how difficult it can be to overcome the seemingly impossible financial hurdles in place when buying that first home - and that is why we have been offering FirstBuy here at Pan Meadows and Hawthorn Meadows," said Barratt senior sales manager, Zak Long.
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 - including the mortgage and deposit.
"We have helped many first time buyers discover and then move into their own homes here at Pan Meadows and Hawthorn Meadows," said Zak. "But the scheme has proved so popular that funds are now running low and we are keen to help as many people as possible climb onto the property ladder before FirstBuy ends.
"The arrival of a new year will bring one final chance for those wishing to buy their first home. Anyone keen to live here at any of these superb developments should make a resolution to come and visit us quickly to find out more - before it is too late."
All three developments offer an impressive selection of homes with deposits from just £6,120 at Pan Meadows and £6,400 at Hawthorn Meadows.
See Also: Property News (6705), Barratt Homes (163), Pan Meadows (4), Newport (28), Hawthorn Meadows (5), East Cowes (5)
Date Published: 12 January 2012
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