Plymouth First Time Buyer Uses Help To Buy And Proves It's Cheaper To Buy Than Rent

A first time buyer at Linden Homes’ Emerge development in Devonport has used Help to Buy and discovered that it’s cheaper to buy than rent.

Abi Cassidy, 28, a fabricator and welder from Plymouth, bought a two bedroom house at Emerge for £145,000 at the end of June. Speaking about her move, Abi said: “I used to rent a one bedroom apartment in Devonport for £370 a month and find it unbelievable that I now own my very own two bedroom house and spend under £300 per month on my mortgage. Not only do I save £75 a month but I have an extra bedroom and my own house – it really is amazing.

“My new home is superb, the design is fantastic and I definitely never want to rent again. I love the area and it’s close to work – so the whole move has been one of the most sensible things I’ve ever done.

“I would absolutely recommend Linden Homes, I’m deaf and the sales executives have been so helpful, especially when it comes to the Help to Buy scheme. I’ve noticed a reduction in my energy bills too, so it’s been a savvy investment.”

Brian Deacon, sales and marketing director for Linden Homes, said: “It’s great that Abi has been able to buy her own home. Help to Buy has enabled many people to make that crucial move; almost two thirds (65 per cent) of sales at Emerge have been made through Help to Buy so I’d encourage anyone who doesn’t know much about it to visit us to find out more.

“Abi is making savings as she was previously renting but Help to Buy is also available to existing homeowners and can help them make that next important step up.”

Designed to assist existing homeowners and first time buyers, Help to Buy is a Government backed equity scheme available on any property at Emerge in Plymouth. It enables homebuyers to purchase a new home with just five per cent deposit and a 20 per cent Government equity loan.

Emerge is a contemporary new development of two bedroom apartments, plus two and three bedroom houses with parking. Built to a high specification, the homes feature contemporary kitchens and stylish bathrooms.

To clarify the Help to Buy process Linden Homes has created a new step-by-step animation which gives a simple overview of the scheme. To view the animation, visit: www.lindenhomes.co.uk/helptobuy

For more information visit the sales and marketing suite, off Granby Way, Devonport, Plymouth, PL1 4AX. Emerge is currently open daily from 10am to 5pm. Call 01752 522954.

-ENDS-

Media can contact Emma Mackay on 01626 356666 for more information, images and interviews with Linden Homes.

04 December 2015

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