Leaving Home - Your parents may be able to help you without handing over any cash. How does it work? ‘Leaving Home’ is designed to assist you, the first time buyer, buy your first home with the help of your parents whilst causing minimal disruption to their finances. Make the steps to leaving home. With your parents guaranteeing your mortgage, you could only need to find a 5% deposit. You could own 100% of your home from day one, with only your mortgage to pay and no further large sums to pay in future years as you would with shared equity.
Parents Invest - How does it work? 'Parents Invest' is designed to assist you, the first time buyer, if you do not have a deposit towards buying your first home. Your parents provide up to 20% of the price of your new Gleeson home and Gleeson will then pay them 5% interest per annum for 5 years on their investment. Their help will help you to get a better mortgage rate - the bigger the deposit you have, the better rate you will receive.
‘Save & Build’ is designed to help you, the first time buyer, buy your first home in a responsible way from a responsible builder, with a time frame which allows you to pick your home, fix the price and save a deposit over 12 months while Gleeson build your home.
Call Gleeson Homes on 01302637947 for more information..
*Offers are only available on full price properties. Terms & conditions apply.