First time buyers could be closer to a dream home than they think
While latest research suggests that the current average age of a first time buyer is 35– developer Linden Homes continues to welcome many purchasers in their 20s.
And to show just what the company can offer those looking to step onto the housing ladder – whatever their age – Linden Homes is organising an incentive weekend at its popular Orchid development in Oakham.
First time buyers will have the chance to see for themselves what is available at the development – including a selection of chic two-bedroom apartments - during the weekend of September 22/23, when a range of cost-curbing schemes will be available.
The government’s NewBuy scheme, where buyers need just a five per cent deposit to secure an apartment or home up to £500,000 – with Linden Homes working in partnership with major High Street lenders to secure a 95 per cent fixed rate mortgage.
FirstBuy – an incentive that also requires a minimum fiver per cent deposit and allows eligible buyers to own 100 per cent of their new home but only pay as little as 80 per cent of the price/mortgage.
The remaining 20 percent is met through the Government and Linden Homes by means of a loan – repayable on the resale of the property.
Some of the stylish apartments have already been sold, while the remaining few are ready to move into now – starting in price from £127,500.
In addition, Orchid boasts a selection of two, three and four-bedrooms, designed to suit all requirements and budgets.
The First Time Buyer weekend runs from 10.30am until 5pm on both days, and details on current prices and availability are available from the sales team on 01572 720245 or visit www.lindenhomes.co.uk