Peter Ward Homes have been confirmed, along with less than 100 other builders in the country, to be able to offer the FirstBuy scheme, announced in the government’s March 2011 Budget. A limited number of homes will be eligible for the scheme so early registration is recommended.
This equity loan scheme has been specifically designed to help first time buyers struggling with the need for a large deposit. It is also open to those wanting to re-enter the housing market after a relationship breakdown.
The main points of the scheme are:
- Only available on new homes
- Maximum household income of £60,000 per annum
- Maximum property price of £280,000
- Mortgage payments up to a maximum of 45% of household income
- Available for 1,2, 3 or 4 bed homes
- Maximum equity share is 20%, provided equally by Peter Ward Homes and the Homes and Communities Agency (governement)
- Remainder of the purchase price is to be provided by your deposit and you obtaining a mortgage, ie via a Bank or Building Society.
Please note that information supplied here cannot be construed as an offer or guarantee.
Firstly you need to know which size of home and site(s) you are interested in. Then simply register your interest in our FirstBuy Scheme by completing the form below. Once we have received your registation details, a member of our team will get in touch within the next few days to discuss the finer details.
Peter Ward Homes believe that electronic privacy is crucial to the ongoing success of the Internet as a useful medium. Our policy is to keep the personal information we receive from our site completely confidential, and ensure it will be used solely for internal purposes. We will not share your personal information with any other parties. Peter Ward Homes will not willfully disclose any individually identifiable information about its users to any third party.
This page contains a request form that enables users to give us contact information (such as their name, address and e-mail address). We use customer contact information from the request form to send you information about our homes, and to contact you only when necessary.