Couple helped onto the property ladder
YOUNG Doncaster couple Tom Harrison and Corinne Pimperton have bought their first home thanks to a scheme to help first-time buyers get on the property ladder.
The scheme - Decision2day FirstHome - uses the current downturn in the housing market to offer first-time buyers the chance to buy new homes at a discount to the normal retail price with additional support to provide a substantial deposit.
Corinne and Tom are now settling in to their new love nest in Rossington.
Antony Green, managing director of decision2day.com, said: "We can sell a new three-bedroomed house for 125,000. Previously, this would have been valued at about 150,000."
The 125,000 price includes a loan from decision2day of 25 per cent - 31,250 - to cover the deposit. So the buyer only has to raise a mortgage for 75 per cent of the purchase price.
"The loan from decision2day is interest-free for the first five years, during which no repayments are required. For the second five years, we will charge a minimal interest."
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Weather for Sheffield
Wednesday 08 February 2012
Today
Sunny spells
Temperature: -3 C to 0 C
Wind Speed: 12 mph
Wind direction: South east
Tomorrow
Light sleet
Temperature: 1 C to 2 C
Wind Speed: 8 mph
Wind direction: South west
