Deposit contributions help buyers onto the property ladder

Our Director of Sales and Marketing, Paul Furner, featured in the Western Morning News’ Summer Property Review discussing how Cavanna Homes can help buyers secure a new home with the support of a deposit contribution scheme, at a time when mortgage rates are soaring.

Buying a new home is a life-enhancing experience.

Whether it is taking that first step onto the housing ladder, moving up to a larger property or downsizing in later life, each move should be a positive experience designed to make life better.

But at Cavanna Homes, we know the challenges that come with buying a home and we know that at a time of rising mortgage rates and economic uncertainty, taking the decision to invest in property can be difficult.

With 100 years of history behind us, as a family-owned housebuilder in the South West, we have always been committed to creating quality homes in the region and helping to give buyers the best deal possible.

There are many good reasons to buy right now, especially in Exeter, which was named in PwC’s Good Growth for Cities index as one of the top three best-performing cities in the country for economic growth.

Based on a range of measures from the environment to shopping, health to safety, Exeter has risen eight places in the rankings.

We want to help buyers secure their home in Exeter and we currently have two-and-three-bedroom properties for sale at Cavanna @ Elm Park in the south of the city, between Alphington and Exminster, and to the east of the city at our Equinox community.

Because we know this is a challenging time financially for many, we are offering a helping hand, giving buyers who put down a 5% deposit on the price of their home up to a further 5% as a gift from us*. That increased deposit reduces the amount our buyers need to borrow and therefore can make big savings on their monthly mortgage payments.

In many cases, renting a home is now more expensive than buying on a mortgage. Our support through these significant deposit contributions makes purchasing a property at Cavanna @ Elm Park or Equinox even more attractive.

For buyers who want financial advice on making the best choice for them when it comes to financing a house purchase, please speak to us and we can introduce you to a friendly and independent specialist new homes mortgage broker who can help.

Buying a home is one of the biggest decisions anyone makes in their lifetime and at times of financial uncertainty those decisions become even more of a challenge. Here at Cavanna Homes, we are doing our best to make the process easier in whatever way we can – so buyers and their families can start enjoying all the benefits of their new home.

Visit our Marketing Suite and excellent Sales Team at Cavanna @ Elm Park (EX2 0AW) or Equinox (EQ1 3YS) for more information about the 5% deposit contribution scheme – we’re open 7-days a week, 10am – 5pm.

*Selected plots only and subject to mortgage eligibility. Speak with our independent mortgage advisors to find the right mortgage for you.