After an excellent and successful Show Home Open Weekend, with reservations being made on the day, Beech Developments developers conwy have devised a helping hand scheme for first time buyers who don’t have quite enough deposit.

“Our three bedroom semi detached have always been a hugely popular house type especially with first time buyers but it’s so hard for them to raise the deposits required now in this climate” says Chris Lee Managing Director of Beech Developments. “To overcome this problem with offer either a 5% gifted deposit to boost the amount they already have or our private shared equity scheme. Both schemes have proved popular with various lenders and have led to the successful sale of several new homes to first time buyers and we really are happy to help”

Sales at the new Gwel y Castell development have been strong, this has been helped by the 5% Gifted Vendors Deposit Scheme and the 10% Private Shared Equity Scheme that Beech Developments offer to their first time buyers.

Phase 2 of the Gwel y Castell development will begin in June. With the popular demand, Beech Developments will be building three bedroom detached bungalows and larger four bedroom family homes with double garages.

Beech Developments will be releasing artists’ impressions of these between May and June 2012. The development is looking excellent so far and well worth taking a look at.