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What is HomeBuy Direct?

Pay as little as 70% of the asking price and get a 5-year interest-free and payment-free loan for the rest* -
for a limited time only

HomeBuy Direct, the Shared Equity scheme part-funded by the government, will soon be coming to an end. HomeBuy Direct makes new homes more affordable for first time buyers by giving you the opportunity to buy the home you want, with the help of a 5 year interest-free and payment-free loan for up to 30% of the property price*. Hurry though - all HomeBuy Direct purchases must be completed by the end of September 2010. This means you must have exchanged contracts and completed by that date, so time is running out
to apply.

Apply now with Persimmon Homes and you can choose from a wide range of 1, 2, 3 or 4 bedroom properties in great locations. But you need to move quickly to secure your ideal home and your HomeBuy Direct funding.

Download the HomeBuy Direct PDF here

Have you got Acrobat Reader installed? If not, click the button to the left and follow the instructions.

  • Pay as little as 70% of the full purchase price of a new home*
  • Get a 5-year interest-free loan for the remaining 30% of the purchase price*
  • Pay no fees on the interest-free loan for 5 years*
  • Have 100% ownership of the new home

HomeBuy Direct is primarily aimed at eligible first time buyers and key workers, but is also available to those re-entering the housing market e.g. service personnel and ex pats returning from living or working abroad, or divorced persons requiring their own home.

*Available on selected plots and developments only, subject to status, terms and conditions. HomeBuy Direct cannot be used in conjunction with any other scheme. It is highly advised, for a swift, smooth transaction that an IFA/Solicitor advised by Persimmon is used. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Full details available on request. At time of writing, HomeBuy Direct prices with maximum loan assistance start at £57,365 for a 1 bedroom apartment at Rockingham Court.

*HomeBuy Direct Shared Equity Scheme is available on selected plots at selected developments only, subject to status, terms and conditions. Charles Church can recommend a financial adviser or solicitor that is familiar with HomeBuy Direct. Offer is based on full asking prices and is not available in conjunction with any other offer or promotion. Written details available on request. Charles Church cannot give you any financial advice. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE. †Calls to 0845 numbers are now free with BT depending on your Calling Plan. Mobile and other providers’ charges may vary.

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