Persimmon is opening the door to home ownership for more families with a new package of measures to support customers with the affordability of their new home.

• New deal means customers can move-in to their new home mortgage free for up to 10 months
• 105% part-exchange scheme available for buyers also looking to sell
• Offer runs from Boxing Day until the end of January

Buyers who reserve a new Persimmon home by 31 January 2023 can benefit from the company covering up to 10 of their monthly mortgage payments – freeing up customers’ cash to help with the cost of living.

Across the UK, the average price of a Persimmon home is more than 20% below the national average and around half of all Persimmon customers are first-time buyers – meaning the new mortgage support offer will be particularly helpful for many people aiming to take their first step onto the housing ladder.

A separate offer aims to support those looking to sell their existing property, with a 105% part-exchange scheme meaning customers can save money on fees and benefit from an extra five per cent on top of their valuation.

Sonia Da Costa, Chief Customer Experience Officer, said:

“We know that the volatile mortgage market combined with the cost of living has left many families concerned about the affordability of a new home and we want to do everything we can to help customers through this challenging time.

“The chance to move into a new home mortgage free for up to 10 months will give potential home buyers some breathing space and ensure the path to a new Persimmon home provides real help with the cost of living. Our new part-exchange scheme will give a boost to anyone looking to sell before they buy, with the additional five per cent on top of the property’s valuation guaranteeing customers an excellent deal.

“These new offers show our commitment to opening the door to home ownership to more families and ensuring that despite the economic challenges, people can still make their dream move possible with Persimmon.”