Bellway hosts first-time buyer events for new Government deposit scheme

Summarised from 3 outlets · Updated 27 Oct, 05:59 · Archive

Bellway is hosting First-Time Buyer Events across Wiltshire to explain the Government's 'Your First Home' scheme, which allows first-time buyers to purchase with a 2.5 per cent deposit.

Bellway is hosting a series of First-Time Buyer Events across Wiltshire to explain the Government's 'Your First Home' scheme and answer questions about new-build property ownership. The events will take place on Saturday, 31 October and Sunday, 1 November at three locations: Redlands Grove near Wanborough, Rowden Chase in Chippenham, and Spirewood Grange in Salisbury.

The new Government-backed scheme could enable first-time buyers to purchase a new home with just a 2.5 per cent deposit, though full details are still to come from the Chancellor in the Budget. Sophie Schofield, sales director for Bellway South West, said the homebuying process can seem daunting for first-time buyers and the company aims to make it straightforward.

Schofield said: 'We know people will have questions about what it really means for them in practice, so we've organised these First-Time Buyer Events as soon as possible after the Budget to guide them through it all.'

The events will offer information about a range of existing support and incentives already available, such as deposit contributions, discounted homes schemes and low or no-deposit mortgages. Attendees will also have the chance to speak with the New Homes Mortgage Helpline for advice on affordability and mortgage options.

Bellway highlighted the experience of first-time buyers Jacob Southgate and Harmony Pearce, who purchased their first home earlier than expected using a deposit contribution from the company. Southgate said the couple chose new-build property for the convenience, price, incentives available, and the fact that no-one had previously lived there.

How it is being reported

• Wiltshire first-time buyers invited to learn about 2.5 per cent deposit schemeA new Government-backed scheme could help first-time buyers get on the property ladder with just a 2.5 per cent depositGazette & Herald · 27 Oct, 05:00
• Wiltshire first-time buyers invited to learn about 2.5 per cent deposit schemeA new Government-backed scheme could help first-time buyers get on the property ladder with just a 2.5 per cent depositSwindon Advertiser · 27 Oct, 05:00
• Wiltshire first-time buyers invited to learn about 2.5 per cent deposit schemeA new Government-backed scheme could help first-time buyers get on the property ladder with just a 2.5 per cent depositThis Is Wiltshire · 27 Oct, 05:00

In this story: Bellway · Wiltshire · Wanborough · Chippenham · Salisbury · Sophie Schofield · Jacob Southgate · Harmony Pearce

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