Allison Homes launches scheme to help homeowners shrink their mortgage costs
We are proud to be launching a purchase contribution scheme, helping property seekers across the country to reduce their monthly mortgage costs.
Homebuyers who reserve selected homes on or before 31st March 2024 will receive a contribution from Allison Homes upon completion. This can then be put towards homeowners’ monthly mortgage costs, helping them be reduced to the equivalent of a two per cent fixed interest rate, for up to two years*.
The contribution will be based on a 35-year mortgage with a 90 per cent loan to value (LTV) ratio, and capped at five per cent of the home’s purchase price.
Michele Jones, Head of Sales at Allison Homes South West, said: “We understand how challenging the current market is for homebuyers, which is why we’re happy to be launching our purchase contribution scheme. With this offer, our goal is that many more property seekers will be able to secure their dream Allison home and minimise their expenses.
“Our homes in both our East and South West regions are proving hugely popular, so we would encourage anyone who is interested to get in touch with our friendly sales teams without delay, to take advantage of this fantastic scheme.”
In our East region, the scheme is on offer at our three Lincolnshire developments, Frampton Gate, The Orchards and Tudor Reach, and three Cambridgeshire developments, Whittlesey Green, Harriers Rest and Abbey Park, as well as at Farriers Reach in Rutland, Kings Meadow in Newark, Nottinghamshire, The Oaks in Norfolk and Venus Fields in Suffolk.
For those looking to buy their dream Allison home in the South West, properties are available at our four Devon developments, Weavers Place, High Moor View, Foxglove View and Primrose Meadows.
*T&Cs apply. UK residents, 18+. Offer is for the aggregate cost of the difference in customer’s mortgage payments between 2% and up to 5% fixed rate for a maximum of 24 months (maximum cap of 5% of the purchase price) to be deducted from the completion statement. Contribution will be based on an indicative mortgage calculation based on 90% ‘loan to value’ ratio set for 35 year term mortgage. Available on selected homes only, on new reservations on or before 31st March 2024. Subject to lender’s criteria & approval. Exclusions apply. Cannot be used in conjunction with other offers & cannot be redeemed retrospectively. Conditional on paying full asking price unless otherwise stated. Not available as payment holiday or as cash. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBT SECURED ON IT. We will not provide you with mortgage advice, but you may wish to speak with a recommended mortgage broker. Promoter: Allison Homes Group Limited of Fleet House, Cygnet Road, Hampton, Peterborough, PE7 8FD. See https://allison-homes.co.uk/twopercent for full T&Cs.
