New hope for first time buyers looking to buy their dream home

Nov. 5, 2010 - PRLog -- TAKING those first steps onto the property ladder can seem daunting – particularly when it comes to budgets and mortgages.

However, award-winning Stamford Homes has been working with The Nottingham to throw a mortgage lifeline to first time buyers, and help them buy their dream home at a price they can afford.

Thanks to a new deal designed especially for first time buyers, Stamford Homes is working in conjunction with The Nottingham to offer first time buyers a 95 per cent mortgage.

This means that FTBs looking to move to the following Stamford Homes developments will need only to find a five per cent deposit; Ferriby Rise, Clee Fields, Renaissance and Freshney Green in Grimsby, Aspire in Louth and De Aston Market at Market Rasen.

The minimum loan is £30,000 and the maximum is £150,000.

Stamford Homes sales director Steve Woomble said: “This is a fabulous mortgage for first time buyers and we are delighted to be assisting people onto the housing ladder with the help of this new deal from The Nottingham. It has already been exceptionally well-received.”

Cleethorpes branch manager of The Nottingham, Samantha Fleming, added: “Stamford Homes and ourselves share a desire to see local people benefit from great housing and competitive mortgages. Our first time buyer mortgage offers great value to potential buyers and is one of a few mortgages available in the market. We also support first time buyers through the whole home buying process offering advice on areas such as legal services, protection and insurance.”




Pic cap:
Stamford Homes and The Nottingham are working together for first time buyers. Pictured is a typical Stamford Homes street scene.

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Notes to the Editor:
Stamford Homes operates throughout the East Midlands and Lincolnshire and forms a part of Galliford Try’s Housebuilding Division: Galliford Try Homes.
www.stamford-homes.co.uk

Galliford Try Homes operates through four strong regional brands: Linden Homes, Stamford Homes, Midas Homes, and Gerald Wood Homes specialising in brownfield development.  The business is capable of developing over 3,000 homes per year, covering the entire region from the West Country to Lincolnshire, East Yorkshire and the South-East.
www.gallifordtryhomes.co.uk

For further information on The Nottingham and full details of The Nottingham’s 95% First Time Buyer Mortgage go to www.thenottingham.com or visit your local Nottingham Building Society branch.  The Nottingham’s First Time Buyer Mortgage is only available in The Nottingham’s Heartland area.


For further information please contact:

Cetti Long
Media Matters PR
Stamford Homes
Tel: 01733 371363.
E-mail: cetti@mediamatters-pr.co.uk

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