A shared equity scheme offered by developer Persimmon has helped hundreds of househunters across the country find an affordable home of their own.

Weeks after the initiative was introduced, an impressive 272 properties had been reserved all around the UK and in the south Midlands region alone the developer has received 75 reservations in connection with the scheme.

For this reason, Persimmon is hosting a second event in Gloucester on September 5th dedicated to helping people looking for an affordable home to discover more about the shared equity initiative.

"Househunters who visit our Gloucester developments, Kingsway, The Marketplace and The Maples, have not only been impressed with the homes on offer, but also the fact that we’re able to support them with moving onto the property ladder," commented Persimmon's Alison Reading.

The developer offers a range of one, two and three-bedroom homes around the UK under HomeBuy Direct, which allows buyers to pay just 70 per cent of the asking price at the outset.
Source:27/08/09