Local housebuilder can help
Rippon has received an allocation in the new FirstBuy shared equity scheme that was introduced by the Government in a bid to make home ownership more viable to those who had previously been priced out of the market.
With FirstBuy, eligible first time buyers can initially purchase a property for just 75 per cent of the asking price and with a five per cent deposit. The remaining 20 per cent is funded by a joint loan from Rippon and the Government’s Homes and Communities Association (HCA).
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Hide AdTracey McLaren, Sales and Marketing Manager at Rippon Homes, said:“We’re delighted to announce that we have been successful in our application to receive some of the Government’s FirstBuy funding and we look forward to helping local first time buyers achieve their dream of home ownership.
“We’ve received allocation on 20 of our three- bedroom properties so this really is an unmissable opportunity for young families to buy a quality new Rippon home at the lowest possible price.”
Rippon’s allocation is limited and will be awarded on a first come, first served basis only.
Interested purchasers are being encouraged to register their interest now as the first homes are expected to be available on the scheme from September.
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Hide AdRippon is currently building a selection of high quality family homes at all its developments throughout Nottinghamshire which include:
The Hawthorns
Eakring Road
Bilsthorpe
NG22 8PX
Three- bedroom homes from £124,950.
Debdale Rise
Little Debdale Lane
Mansfield
NG19 7EU
Three- bedroom homes from £136,950.
Heathside Gardens
Jubilee Way
Mansfield
NG18 3FX
Three- bedroom homes form £124,950.
Meadow Bank
Baums Lane
Mansfield
NG18 4BX
Three- bedroom homes from £127,950.