More than a mortgage – discover the alternative ways to buy a home. As a first-time buyer, there are so many new things you have to face. Buying your first home is a big investment and, for a lot of people, this may seem out of reach if they aren’t aware of the range of options available to help take the first step onto the ladder.

Laurus Homes was set up to be different; we are a profit for purpose development organisation and everything we do is built for better living. Our strength is being able to offer customers a variety of ways to buy their new home, whether that is through Government backed schemes such as shared ownership or Help to Buy, or as an outright sale.  A selection of our homes are available through the Government’s Help to Buy scheme, which offers you an equity loan of up to 20% of the cost of your newly built home, so you’ll only need a 5% deposit. The Lifetime Individual Savings Account (ISA) scheme can add 25% to your savings, giving you a much needed boost to get onto the housing ladder. Lifetime ISAs are available from a variety of building societies, banks and credit unions. The increasingly popular Shared Ownership, is available as an option for a number of our homes. Shared Ownership can help reduce the initial mortgage price tag as well as bringing down the amount of deposit required; the home is still your home, but Laurus shares the journey with you. How long we share the journey for is up to you, as in all of our developments you can begin to take on more of the share until you own it completely. You purchase between 25% and 75% of the value of the home and then pay rent on the remaining portion. We explore shared ownership more on page 30.

While our Sales Centres and Show Homes have now reopened with the appropriate Covid-Safe measures, we appreciate during this global pandemic not everyone will be comfortable getting out and about. So, why not take a virtual tour around one of our stunning homes? It’s a great way for you to view a home without leaving your sofa, you can access our virtual house tours through our website. On page 36 you will find some amazing show home trends that might just inspire you, and if you like the boho style you are in luck on page 32. In response to the coronavirus pandemic, the Government has recently announced a temporary holiday on stamp duty on the first £500,000 of all property sales in England and Northern Ireland. With so many great options to help you buy your home, there really hasn’t been a better time to get your foot onto that property ladder, and we’re here to help you every step of the way. Turn to page 42 for a summary of the updates following the pandemic and what is available right now for first time buyers.

Laurus are one of the fastest-growing developers in the North West and we build homes in Cheshire, Lancashire and Greater Manchester, offering a great range of locations alongside the different purchase options to suit your needs when buying your first home. See our property listings on page 51 for more info.

Get in touch with us today on 0161 968 0300 or visit www.laurushomes.co.uk.

Wishing you all the best on your buying journey and stay safe.

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