SmartNewHomes

The Government's Help To Buy scheme is available at Persimmon Homes developments in Coventry, Evesham, Long Marston, Malvern, Redditch and Smethwick.

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  • Persimmon Homes' sales team can offer buyers expert guidance and practical assistance throughout the buying process.

    It regularly communicates with people to keep them informed and its advisors respond quickly and efficiently to any queries.

    Alison Reading, Persimmon Homes sales and marketing director in the South Midlands, explained: "Help To Buy was launched by the chancellor in his spring Budget and should hopefully help the housing industry gather momentum.

    "It means people can own 100 per cent of their new home for just 80 per cent of the price using the scheme."

    The equity loan from the Government is interest-free for the first five years, equating to 20 per cent of the property's value. A mortgage is then secured on the remaining 75 per cent meaning lower mortgage repayments.

    The Help To Buy scheme is available to everyone, not just first time buyers, on new build homes in England up to £600,000. People only need a 5 per cent deposit and there is no limit on the annual household income.

    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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