Bovis Homes have teamed up with a new lender to offer house buyers a great opportunity to beat high deposits and land their dream home.
Aldermore have now signed up with Bovis Homes to offer the Government-backed 95% mortgage NewBuy to house purchasers, where just a 5% deposit is needed to buy a brand new home.
The bank joins major high street lenders such as Halifax, Barclays (Woolwich), Nationwide Building Society, RBS (NatWest) and Santander in offering NewBuy to Bovis Homes customers. It means that first-time buyers and existing homeowners alike could now land a quality new home with a superb all-inclusive specification at developments across the country paying just a 5% deposit up front.
"We're delighted to now have Aldermore on board, offering buyers even more choice as they look to take advantage of this excellent home buying opportunity," said Kevin Wilkins, Bovis Homes Group Marketing Director.
"The Government-backed NewBuy mortgage has already helped a number of our customers buy a brand new Bovis Home, and for both first-time buyers and existing home owners alike, 2013 looks a great time to make their dream move with interest rates currently staying at historically low levels."
Charles Haresnape, Managing Director of Aldermore Residential Mortgages, said: "NewBuy is one of a number of Government initiatives designed to help homebuyers move up the housing ladder and we're delighted to be teaming up with Bovis Homes and offering it to their customers."
Terms and conditions apply to NewBuy and buyers should check their eligibility with the independent mortgage advisors at their development of choice, who can be contacted through Bovis Homes.