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Move from renting to owning a home at PL2 through FirstBuy scheme

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Thursday, February 14, 2013
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Plymouth Herald

FOR Ian Preston, the chance to climb on to the property ladder at popular PL2 in Plymouth was just too good to miss.

Ian saw the Barratt development's two, three and four-bedroom homes as they began to take shape – and decided to take a closer look at what was on offer.

  1. Ian Preston,  right, outside his home with Barratt sales advisor, Jimmy Smith

    Ian Preston, right, outside his home with Barratt sales advisor, Jimmy Smith

"Buying a home was not really an option for me at the time," said Ian. "I really thought I would be renting a home for the rest of my life. But I spoke to the sales people at PL2 and they told me about a scheme called FirstBuy."

FirstBuy is designed to help buyers get on to the property ladder with loans of up to 20 per cent of the price of the property, jointly funded by Barratt and the Government's Homes and Communities Agency.

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They then have to find the remaining 80 per cent of the price themselves, made up of the mortgage and deposit.

"It was the perfect way for me to try and start building up equity in a home of my own. And I jumped at the chance to buy the two-bedroom Longaford."

The Longaford is perfect for first-time buyers seeking the added bonus of a second bedroom. It features a well-proportioned lounge with French windows leading out to the garden. And the attractive kitchen is designed for modern living.

Upstairs, there are two double bedrooms and a colour-coordinated family bathroom.

"It's a great house – I'm very happy I popped in to have a look," added Ian. "Everyone at Barratt has been fantastic all the way through. And finding out about FirstBuy was a real game-changer for me.

"Now I'm right where I want to be, with my own home in a great location, close to the centre of Plymouth."

PL2 is built in partnership with Plymouth Community Homes as part of a regeneration project and each home style has been carefully designed to accommodate a variety of lifestyles.

The development is located just two miles from the city centre of Plymouth and is within walking distance of mainline trains and buses. It provides easy access to the A38 to Exeter or Liskeard and the development is next door to a new purpose-built primary school

For further information about PL2, the Barratt sales office and show homes are open daily from 11am to 6pm, call on 0844 8111866.

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