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'Homebuy' weekend at Spire 6th & 7th September - August 8th

Own 100% of your own home for less!
'Homebuy' weekend at Spire 6th & 7th September

Peveril Homes has adopted the Government 'ownhome' scheme to help buyers onto the property ladder.

There are a lot of clichés about buying your first home, but one that holds true is that it is harder than ever before for most young people to get their first foot on the ladder. With this in mind Midlands-based house builder, Peveril Homes has introduced an innovative new scheme at its Spire development in Newark called 'HomeBuy'.

The initiative, which takes its lead from the Government backed scheme to help bridge the  gap between house prices and salaries, is aimed at widening home ownership and increasing housing affordability.

"For first time buyers this could be the lifeline they have been looking for," says Angela Thomas, Sales and Marketing Manager at Peveril Homes.

"First time buyers are often more than pleasantly surprised when they come to Peveril Homes as we can offer all kinds of help for people trying to get a foot on the property ladder. By adding the 'Homebuy' scheme to our easy moving tools we are providing a stepping-stone" to assist buyers into full home ownership!"

Cash-strapped first time buyers are now eligible under the new scheme which came into force on the 1st April 2008 and is also aimed at key workers such as nurses and police officers.

The benefits of the scheme are:

  • No risk, you pay only 60% of the value of your property
  • Funding for 100% of the property value
  • Interest - free for the first five years
  • Ideal for first time buyers
  • The property is 100% yours (this is not shared equity)

Concludes Angela Thomas: "Whatever your circumstances, come and talk to us – you never know what kind of assistance we might be able to provide. You can do that right now by calling our sales consultant at Spire, and who knows, you could soon be moving into your new Peveril home. All of a sudden renting doesn't seem like such a good idea!"