At Hollinwood Homes, we know it’s difficult to get on the property ladder if you are a FIRST TIME BUYER. That’s why we offer help and advice specifically tailored for your needs together with a range of offers on selected plots which are detailed below. KEY WORKERS also benefit from these offers as we recognize the importantance of the role you do which is sadly not always matched by the salary.
Not only do we have links with Independent Financial Advisors who can help you find the best mortgage product with the lowest deposits and competitive interest rates, we also have schemes specifically designed to help first time buyers get on the property ladder.
Like everything else in the sales process please contact your sales consultant for full details of these offers and the plots which they apply to.
FIRSTBUY...BUY A HOME FOR 80% ITS VALUE...IT’S A NO BRAINER!!!
Buy a Home for 80% of its value!
Don’t pay a penny on the remaining 20% for the first 5 years!
In year 6 the starting interest is fixed at 1.75% on the remaining 30%!
You only have to find a small deposit on only 80% of your home!
Think its too good to be true….think again!
Firstbuy is a government led initiative designed to assist first time buyers by providing an interest free equity loan* of up to 20% of the purchase price, which is repayable either at the end of the 25 year mrotgage or when you move.
This government led scheme has been hugely successful and has assisted thousands of people throughout England aquire their home.
Full details of the scheme can be found on the Governments Homebuy Website, the buyers guide can be found here.
DEPOSIT SAVINGS SCHEME...WANT TO RESERVE BUT DON’T HAVE THE MONEY?
We know that not everyone has thousands of pounds saved in the bank ready to use as a deposit for their own home. That’s why, at Hollinwood Homes we will give you the opportunity to save your deposit with us whilst the property is being constructed. A small deposit will be required on exchange of contracts with the balance being divided up and paid monthly over the build period. Not only does this make the deposit more manageable, but also prepares you for the mortgage payments you will soon be paying.
AFFORDABLE MARKET HOUSING
On many of Hollinwood Homes’ developments we have properties available at affordable prices. At Ashton Bank we have homes available on our Holliwood First scheme at 20% below Open Market Value for qualifying candidates.
For further information regarding any of the above schemes, please contact our sales department.
* interest free for the first 5 years
Hollinwood Homes is creating a new quarter in Ashton on Ribble called Ashton Bank.
Register your interest