A guide to choosing the right offer when you buy a new home
We know that every one of our buyers is different, from first time buyers to those seeking more space for a family, and from those with smaller to deposits to those with homes to sell. Here’s a guide to finding out which of our offers could be right for you.
First time buyers
Are you ready to take your first step onto the housing ladder? If you’re a first time buyer, we operate buying schemes that could be perfect for you.
Already have a 10% deposit? Consider Deposit Boost. Using this scheme, if you’ve saved a 10% deposit for a Persimmon home, we could boost it by providing an additional 5%, giving you a total deposit of 15% - meaning you won’t need to borrow as much, and you might be able to secure a more favourable rate.
Deposit Unlock is a mortgage guarantee product developed in collaboration with the HBF that allows you to buy a new home with a deposit of just 5% up to the value of £750,000. Meanwhile, Own New is a similar scheme in which Charles Church works with mortgage lenders and investment banks to provide mortgages of up to 95%.
Or, have you considered Bank of Mum and Dad? This scheme is a great option if you have a parent or family member who’s able to help out with your first home purchase. If they gift you a minimum of 5% of the purchase price of your new home, we’ll thank them with a gift of £2,000.
Buying schemes aren’t limited to first time buyers – we know that selling your home and purchasing a new house can be a stressful experience, not to mention expensive. That’s why we operate schemes that could be ideal if you’re moving from your current home into a Charles Church new build.
With Part Exchange, we’ll buy your home, leaving you free to go ahead and purchase your new Persimmon home. We’ll organise the sale of your home from start to finish, including agreeing a fair price and appointing estate agents so you don’t have to. No fees, no hassle, and no chain to hold up your move.
Then there’s Home Change, a similar proposition where the difference is that we’ll help facilitate the marketing of your existing home to find you a buyer, and then manage the sale, rather than buying the property ourselves. It’s another great option that takes the additional cost and stress out of moving.