A first-time buyer from Brampton is celebrating after becoming the first person to purchase an affordable home at David Wilson's Cromwell Gardens development.

Houses on the site have been put within the price range of more buyers than ever under the government's HomeBuy Direct shared equity scheme.

Collette Thompson, who works as a senior recruitment consultant, had recently moved to the South Midlands and was encouraged by the offer of a 30 per cent equity loan on the property.

"I was planning on renting whilst I saved for a deposit but when I saw that I may be eligible for this scheme I had to ring to find out more," she commented.

Ms Thompson's mortgage has been approved, so as soon as the surveys are complete she can move into the brand new two-bedroom Pelham house.

The government recently pledged to increase Britain's supply of affordable housing by injecting a further £600 million into HomeBuy Direct.

Source: Direct News 13/5/09