With First Time Buyers the lifeblood of the property ladder their absence from the market is hurting not just those on the chain but the property developers as well.

 

To help ease the pain and get their business moving again Persimmon Homes are offering to double your savings toward a deposit. The deal involves saving in a Bank of Scotland or Halifax account up to a maximum of £5000. Should you then put that toward a deposit for a Persimmon home they will double your £5000 up to £10000.

 

There are many housebuilders now adopting similar promotions to help move stock but you may want to look into this option just in case you do opt one day for a Persimmon Home. Similarly first time buyers should haggle hard to get the best deal, as it looks like the pain is greatest with the developers perhaps not with the first time buyers afterall.