SmartNewHomes

Financial incentives are helping young people take their first steps onto the property ladder.

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  • Barratt Homes development, The Zone, which is located in Bristol's Temple Quarter, is proving popular with those taking advantage of the house builder's first time buyer initiative scheme.

    The offer is part of the Government's low cost home ownership scheme enabling buyers to obtain a mortgage for 50 per cent of the purchase price.

    "In return, the Government assists with the remaining 50 per cent, which the buyer repays over time and when the property is sold," Barratt's sales director Andrea Pilgrim explained.

    She added that private buyers can also use the developer's head start initiative to purchase a property, which are priced between £87,000 and £210,000.

    Another site attracting interest from first time buyers is Barratt's Torre Marine development in Torquay, where prices range from £124,000 to £175,000.ADNFCR-1100-ID-18942532-ADNFCR

    Click here for the latest incentives.

    Some information contained herein may have changed since it was first published. SmartNewHomes strongly advises you to seek current legal and/or financial advice from a qualified professional.

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