Mortgage & Property Advice Centre for First Time Home Buyers

First Time Buyers Can Pay Just 75% up Front for 100% of Their Home - it's That Simple!

22-Apr-2008

With Easy Start the buyer contributes a 5% deposit and secures a mortgage on the remaining 70% through Halifax. George Wimpey then steps in by providing a rent and interest-free loan on the remaining 25% of the purchase price for up to ten years. From day one, the purchaser owns 100% of their new home for 75% of the price.

The scheme is available on a selected range of George Wimpey homes at Manor Grange development in Wingate. Properties available at Manor Grange include the four bedroom Arlington townhouse, with prices starting at £155,000 and the two bedroom, semi-detached Ashfield, with prices from £114,950.

"This scheme just couldn't be more straightforward," says Debbie Whittingham, regional sales and marketing director for George Wimpey North Yorkshire. 

"The purchaser owns 100% of the property from day one and is free to make payments during the 10 years period to suit their individual circumstances – this could mean up to three smaller payments, repaying the total amount early or waiting until the end of the period.

"We believe that this is just the sort of simple and effective scheme that buyers are looking for at the moment and we're expecting a great deal of interest from savvy buyers."

Situated in the peaceful village of Wingate, a range of local amenities are available to residents of the development.                           

Leisure facilities include the Castle Eden walkway, which offers guided walks and plenty of activities to suit both adults and children, the new Hartlepool Marina, which offers fishing and watersports, and the nearby Durham County Cricket Club.

Manor Grange also has excellent links to transport networks for commuters, with the A181 leading towards Durham, the A1 to Newcastle and Darlington and the A19 to Peterlee, Sunderland and Teesside.

For further details about Easy Start, including full terms and conditions, speak to our professional sales executives by visiting Manor Grange on Chillerton Way, Wingate, which is open seven days a week between 10am and 5.30pm. Alternatively telephone 0845 026 5156 or log on to www.georgewimpey.co.uk/easystart


Article Options:

Email this article to a friend

Get updates from our RSS Feed

Post this article to:

del.icio.us

Digg

Reddit

2008: Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2007: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2006: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2005: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar

Newsletter

Free First Time Buyer Newsletter

Register

20 second poll - How optimistic are you?

Are properties in your area more expensive than they were a year ago?

Yes
No

Are you keener to buy a property now than you were this time a year ago?

Yes
No

Are the finance options for FTBs better now than they were a year ago?

Yes
No

Would it be better to wait until this time next year?

Yes
No

Would you ideally like to be able to buy your first home now?

Yes
No