First-time buyers take advantage of new scheme to get on property ladder

Local homebuilder, Persimmon Homes Suffolk has described its pride in delivering a new scheme to help first-home buyers get on the property ladder.

First Homes, a new initiative from Homes England offers first-time buyers a minimum discount of 30 per cent on the market value of a new home. Properties available to purchase through the First Homes scheme are currently available on new homes at Trelawny Place in Felixstowe, with the developer hoping to work with local authorities in the region to bring the scheme to other Suffolk developments in the near future.

Ian Hamilton, Managing Director of Persimmon Homes Suffolk said:

“Nothing fills us with more pride than helping people buy their own home and we’re incredibly excited to see our customers moving in for the New Year.

“The First Homes scheme is an exciting new initiative to help first-time buyers. We’re hoping to make even more First Homes available and are working closely with local authorities to make this happen.”

The First Homes schemes is designed for first-time buyers and offers a minimum discount of 30 per cent on the market value of a new home worth up to £250,000 in England (after the discount has been applied) or £420,000 in London. Local authorities can also give priority to people already living within the area, key workers or those on low incomes when it comes to accessing the First Homes scheme.

Further information about First Homes that might be available with Persimmon Homes can be accessed at the following link: https://www.persimmonhomes.com/schemes/first-homes