Find out how you can get a foot on the housing ladder with Larkfleet Homes' 'FirstBuy' weekend in Oakham
29 August 2012
Larkfleet Homes will show how a government-backed scheme can help homebuyers get onto the property ladder with a special weekend at its Oakham development 'Leighfield Park' on Saturday 8 and Sunday 9 September.
Larkfleet's open weekend will provide homebuyers who are looking to purchase a property the chance to speak to advisors about the government's FirstBuy scheme.
FirstBuy enables homebuyers to pay just 80 per cent of the total purchase price of a property, with the remaining 20 per cent funded by an interest-free loan for the first five years of ownership provided by Larkfleet Homes and the government.
Additionally, homebuyers who take advantage of FirstBuy only need a five per cent deposit on the 80 per cent share they are initially purchasing - and some mortgage lenders may even allow eligible homebuyers to buy through the FirstBuy scheme without any deposit at all.
Details of the FirstBuy weekend at Leighfield Park on 8 and 9 September can be obtained by calling 01572 722262.
To qualify for the scheme a homebuyer's total household income must be lower than £60,000 per year and an independent financial advisor will need to assess eligibility and ability to satisfy the qualifying criteria.
A common misconception is that FirstBuy is only applicable to first-time buyers but this is not the case. Homebuyers who have previously owned a home can take advantage of the scheme as long as they do not currently own a property.
Karl Hick, Larkfleet's managing director, commented: 'At Larkfleet, we understand how difficult it can be for homebuyers to make that important step onto the property ladder. We are delighted to offer the government's FirstBuy scheme as a way of giving a 'helping hand' to potential homebuyers. FirstBuy really can make all the difference in enabling homebuyers to secure a property, usually much sooner than they imagined would be possible.
'I would urge anyone looking to purchase a property to visit our Leighfield Park development in Oakham on 8 and 9 September and find out how FirstBuy could work for them.'
Larkfleet Homes has several developments across the East Midlands and East of England. Its high quality properties in Eye (Cambridgeshire), Bourne (Lincolnshire) and Oakham (Rutland) offer plenty of choice for those looking to purchase a home through the FirstBuy scheme.
Leighfield Park is the first phase of Oakham Heights, Larkfleet's major urban expansion of Oakham, located on land between the Oakham bypass and Barleythorpe Road. The development offers traditionally-styled two, three, four and five-bedroom properties starting from £143,995.
The development is aimed at families looking for a stylish, traditional home that allows them to enjoy rural life while still benefiting from good transport links to surrounding towns and cities.
All 143 properties at Leighfield Park will have solar PV (photovoltaic) panels fitted as standard so homebuyers can benefit from reduced energy bills. The PV panels will produce electricity from daylight, generating useable power even on cloudy days. Larkfleet will also provide allotments for residents at the current market value to encourage a sustainable lifestyle and community.
Larkfleet's Abbeyfields development is located on the old Co-op site on Manning Road in Bourne, Lincolnshire. Abbeyfields comprises two and three-bedroom properties with prices starting at just £125,000.
Larkfleet Homes' Parson's Prospect development off Thorney Road in Eye village is only two miles from the city of Peterborough. Situated on the edge of the Cambridgeshire Fen landscape, Parson's Prospect offers everything from two-bedroom starter homes to three, four and five-bedroom family homes.
To find out more about the FirstBuy weekend at Leighfield Park on 8 and 9 September, please call 01572 722262.