A government-backed scheme has helped new parents Helen Meyerratken and Wez Spicer secure a brand new four-bedroom Barratt home in the Somerset market town of Bridgwater.
Just in time for the arrival of their baby boy, they used the government's Help to Buy scheme to buy a brand new home at Barratt's Phoenix development with just a small deposit.
They received a 20% equity loan, with no interest payable for the first five years, to make their purchase possible.
"It meant that we were able to put the money we would have spent on a big deposit towards furnishing our house," explains Helen. "I would definitely recommend using Help to Buy as it works out cheaper than renting and we could get a bigger house than we thought.''
Helen and Wez are among a growing group of people using Help to Buy to enable them to upsize, according to Barratt Homes sales director Lee Monk. "The scheme is making such a difference to those looking for a larger home as well as first time buyers wanting to get onto the housing market,'' he says.
The development's convenient Bridgwater location was a key factor in the couple's decision to purchase a home there, making their professional lives easier.
Phoenix incorporates a wide choice of 126 new homes, including one- to four-bedroom properties priced from £133,950 to £176,950. Its location offers the best of both worlds - with plenty of shops, schools and amenities close by, as well as easy access to the beautiful Somerset Levels, the Mendip and Quantock Hills, and the lovely River Parrett.
Helen and Wez chose a four-bedroom ‘Rochester home' there, which features an open-plan kitchen with a dining area and a garden - the ideal set-up for a growing family.
To find out more about Phoenix, call the sales office on 0845 388 7980.