Experts from Derby financial advisors Oviso – plus representatives from the government’s Help To Buy scheme – were on hand to help prospective home buyers in Amber Valley take their first – or next – step onto the property ladder.
And those visiting Ginnis New Homes’ Deer Park development, an exclusive collection of 30 three and four-bedroom homes taking shape on the edge of Ripley, were treated to hot drinks and complimentary cake by Ilkeston-based mobile coffee company, Dirty Old Bean.
High winds and rain, which had earlier postponed the Ripley Harvest Food Market – an event which Ginnis New Homes were sponsoring - didn’t deter visitors to the Help To Buy event, keen to find out how they can benefit from scheme.
Launched in 2013, the scheme offers homebuyers the opportunity to borrow 20% of the overall cost of a new build property from the Government, with the buyer adding a 5% cash deposit and borrowing the rest from a mortgage provider.
Raj Bachra, of Help To Buy Midlands, answered questions from visitors keen to know more.
He said: “People often ask if the scheme is only available for first-time buyers – and the answer is no; it’s available to home owners, too.
“You don’t need to be earning a minimum or maximum income and the equity loan is between 10-20% of the purchase price. You don’t start paying the equity loan back until year six.”
“There is a misconception that it can be hard to get on the property ladder, especially if you’re self-employed, said Arron.
“But that’s not the case. It’s getting easier and advice is so important. Sitting down with someone and having a chat about your personal circumstances is key.”
Deer Park is based just off Coach Road, close to Derbyshire Police Headquarters, and promises to offer residents the very best blend of countryside and town living.
Not only does it provide views across the Amber Valley, the development is just minutes away from Sainsbury’s supermarket in Bridle Lane and a short drive into the centre of Ripley.
Each home also mixes modern living with traditional features, including high ceilings, period-style windows, open-plan kitchens and downstairs WCs.
Darren Farnan, marketing manager of Ginnis New Homes, said: “The Government’s Help to Buy scheme has been a game-changer for the housing industry and has allowed thousands of people to move into the house of their dreams every year.
“It’s no surprise that our first event proved to be very popular with visitors, many of whom were unaware of the benefits of the scheme and who were then able to find out how it could help them take the next step to owning their own home at Deer Park.”
Darren feels that Deer Park can be a real hub of community activity and is keen for Ginnis New Homes to be involved in local events.
Although disappointed that the annual Harvest Food Market was cancelled, he is looking forward to being involved in the town’s Family Christmas Market on December 2.
Organised by Ripley Town Council, there will be free fairground rides for children, festive food and gifts and a free skating rink with synthetic ice.
“We were extremely disappointed that the Harvest Market was cancelled; we feel that it’s important to be involved in community events. However, safety must come first,” said Darren.
“We’re looking forward to be involved with Ripley Town Council again, though, for their Christmas Market.”
The show home at Deer Park is open every Saturday from 2-4pm.
For further information on Deer Park’s three and four-bedroom homes, contact selling agent Boxall, Brown & Jones on 01773 880788 or visit www.ginnis-homes.co.uk
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