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A great chance to buy a brand new home.
- Only 70% mortgage needed
- No deposit required with our shared equity
- 30% deposit is repayable on the sale or transfer of the property or the end of the mortgage term
- Interest is payable on the loan at the end of the first five years
You could be eligible if you are buying one of our homes at Lady Anne Court, Penrith or Pear Tree Park, Holme and:
- You are a first time buyer
- You need a larger home for your expanding family
- You are a key worker or live and work in Cumbria
- You are currently in a private rented home
- You have a household income of less that £60,000 per year
There is only limited availability for this Government
backed scheme so register now by sending email to
homes@russell-armer.co.uk or calling Alison on 01539 724282.
More information about Homebuy Direct is available from the Homes & Communities Agency.
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