Monday, August 29, 2011

Property Developers House Purchase Schemes For Air Force Personnel

By Rob Sherwood


One of many techniques that UK house builders are supporting our Armed Forces serving in Afghanistan and other nations around the Globe is by providing a special Armed Forces house purchase scheme.

One such UK house builder offering such an inducement scheme is DW Houses based in the county of Leicestershire.

David Wilson Houses offers every type of housing from flats through to luxury detached properties and this suggestion is not contingent on the sort of property being purchased and is offered at a consistent level of discount.

The basic scheme rules ate that for every ?25000 of house price there's a discount of ?1000, so in straightforward terms if you're buying at ?250,000 you will be offered a reduction of ?10, 000 which is equivalent to a discount of 4%.

The builder tells me that there is not a upper limit to this plan so the bigger the price the higher the discount offered by DW Houses.

This housing developer is part of the Barratt Builders and so comes backed by a builder with a very solid reputation for fair dealing and quality.

There are more sales incentives offered by the company to help you purchase a home and they include a deposit match scheme where the house builder will match your deposit up to a maximum of 5% so if you're able to save 5% they will put in 5% making a total of 10%, leaving you to find further funds of 90% to complete the home purchase.

The only way to do that is to get a mortgage lending source which will lend you 90%, but this isn't necessarily the best way to do this and by some way the most straightforward and fastest way is to use a mortgage broker to find you the best deal.I am told that a mortgage broker called Hurst does many of the mortgages for house builders such as Barratt and Fairview.




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