For many first time buyers, saving for a substantial deposit towards a first home can feel daunting. According to a report by uswitch.com, it can take on average 12 years for buyers to save enough money to make the leap into homeownership. Award winning housebuilder Weston Homes is leading the way in its commitment to empowering first time buyers by providing financial assistance to get buyers moving. Offering a 5% deposit contribution or up to a £20,000 saving* on a new home makes the dream of having the keys to your own front door more accessible.
SAVE WHILE YOU WAIT
Purchasing a new home can be a stressful time, which is why Weston Homes’ worry free First Time SecureBuy scheme (FTSB) offers a way to secure a new home, off-plan, at your chosen development with just a £500 reservation fee. The price you pay is locked in on the day of reservation, so even if the property’s value increases before you’ve legally completed, you’ll only pay the price agreed on the day you reserved the property. Not only does this scheme offer a secure early reservation, it only requires a 5% exchange deposit (usually 10% is required).
Then, around six months before your home is ready to move into, you apply for your mortgage. Weston Homes provides a full refund of your £500 reservation fee and 5% exchange deposit if your circumstances change before the build is complete, offering peace of mind that you won’t lose your hard-earned money.
Additionally, waiting for your new home to be ready gives you an opportunity to save towards moving costs or furniture and curtains. First time buyer Andrea, who used the FTSB scheme when she purchased a two bedroom apartment with Weston Homes, said, “There’s no way I could ever have dreamt of owning a property without something like Weston Homes’ First Time SecureBuy scheme. I’ve wanted something to call my own for years, but it is such an extremely difficult task for first time buyers of my generation. Weston Homes’ scheme is instrumental in helping people like me get that first step on the ladder.”
BUY OFF-PLAN IN GREAT LOCATIONS
From Barking to Brentwood and Sydenham to Wood Green, Weston Homes has a wide range of homes to suit every lifestyle in convenient locations.
STYLE THE WAY YOU LIKE IT
Buying a new property off-plan from Weston Homes allows you to choose from a wide range of designer options and personalise your home. Every Weston Homes property also has a fully inclusive specification, at no extra cost. First time buyer Annie, who bought a two bedroom apartment with partner David, said, “I instantly fell in love with the big, light space. The specification included everything and we never found this package anywhere else.”
As a multi-award-winning developer, Weston Homes is confident that it is best placed to help first time buyers achieve their dream of homeownership, and first time buyers can benefit from fantastic savings. Find out more today about Weston Homes’ luxurious new and converted one to five bedroom homes across London and the south east. Prices start from £176,000 for Discount Market Sale* homes, allowing buyers to own 100% of their own home with a saving of up to 30% (price includes saving). Full market value homes start from just £220,000.
Contact Weston Homes today by visiting weston-homes.com. Marketing suites and show homes are open daily from 10am to 5pm
*T&Cs apply, see website for details
Explore more in our free magazine: Read Now
First Time Buyer is an exciting bi-monthly glossy which takes a stylish and comprehensive look at all the options available, setting them out in an entertaining and informative way, and helping potential customers navigate their way through what is often a daunting and complex process. We dispel the myths, reinforce the facts and arm the reader with the tools necessary to make their homeownership dreams a reality.