*FirstBuy with Summerfield* - Your first rung on the property ladder

Can't afford the deposit on a house? With FirstBuy maybe you can!
 
You may be eligible for help with up to 20% of the purchase price, meaning you only have to find as little as a 5% deposit.
 
Sounds too good to be true? That's why it won't go on forever.
 
This is a Government-backed scheme to help eligible buyers purchase affordable new homes, administered under the Homes and Communities Agency in partnership with house builders such as Summerfield Homes.
 
How does it work? Under the FirstBuy scheme Summerfield and the Government join together to lend you, the purchaser, up to 20% of the purchase price – and it's interest free for the first 5 years! You put down a minimum of 5% deposit and take out a mortgage for the remaining 75%.
 
And there you are – in your brand new home!
 
You could be eligible for FirstBuy if 

• your household income is less than £60,000 (or £35,000 for Churchill Way, Watchet)
• you have enough to cover a minimum 5% deposit plus solicitors' fees and stamp duty
• you can obtain a mortgage and make monthly repayments
• you don't own any other property or are looking for a new home following a relationship break-up
• (for Churchill Way, Watchet only) you have local connections.

 This is a limited offer, so don't miss out on your dream of getting on the property ladder.
 
Not all properties are covered by this scheme – click on the links below to see which of Summerfield's homes are available under FirstBuy.
 
South West Homes administers FirstBuy for the Homes and Communities Agency in this area. For more detailed information click here for a link to their web site. 
 

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