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%.
How does a deposit contribution scheme work?
For example, if the home you wanted to buy was £200,000, you would need to have a deposit of at least £20,000 (10%). Using Deposit Boost, we could add an additional £10,000 (5% of the sale price), giving you a total deposit of 15% meaning you would only need to borrow 85%.
With a larger deposit, you won’t need to borrow as much from a mortgage lender and you might be able to secure a more favourable rate.
What do i do next?
Once you’ve found a home you think could be for you, contact the development where a sales advisor will be able to tell you if you can use Deposit Boost on your preferred plot.
The sales advisor can also put you in touch with a specialist New Homes Mortgage Advisor who will be able to advise you further on how to secure the best mortgage for you.
The offer is available on selected plots only, subject to contract and status. Terms and conditions apply, please see below.
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