Yes, all our homes come with added Wiggle Room
We know that buying a new home is an exciting time, but that it can also provide some financial challenges, which is why we have taken the approach of allowing a little Wiggle Room into all our homes. Wiggle Room encompasses all our offers and incentives into one melting pot of options and opportunities to give you the freedom to negotiate with our sales teams a deal that works for you. Get the home of your dreams on your terms – the house you love, the plot you want, at the location you desire, with the offers that work for you. No more set offers on specific homes. This is all about more choice, more freedom, and more flexibility for you.
Our personalised Wiggle Room deals are negotiated between you and our sales team to curate a deal that is bespoke to your circumstances and needs.
It could be that you would benefit from a deposit contribution, or want assistance in selling your existing home, you really need a specific upgrade, or carpets and turf to help you get settled in quicker. It could be that you want a little bit of Wiggle Room in a few areas. There are a multitude of ways we can wiggle on your purchase, let’s talk and tailor a deal that’s right for you.
We are here to help you get your home for good.
At Prospect Homes, we are committed to helping you find the perfect home. As part of our Wiggle Room range of offers and incentives, we have partnered with Own New to bring you a simpler, hassle-free way to get an affordable mortgage on a new build property. You get a normal mortgage and own 100% of your new home and enjoy a reduced interest rate for an initial period.
Lower initial interest rates
Enjoy reduced interest rates for the initial period of your mortgage, making your monthly payments more manageable.
Fixed rate security
Benefit from the stability of fixed interest rates, protecting you from market fluctuations.
Flexible terms
Choose from a range of mortgage terms to suit your financial situation and plans.
Easy application process
Our streamlined application process ensures a hassle-free experience from start to finish.
Step 1 – Select your home
Simply choose from a selection of properties from any of our developments that qualify for Own New.
Step 2 – Mortgage advisor
Next, you will then be put in touch with an approved independent Own New mortgage broker who will help determine if Own New’s Rate Reducer is right for you.
Step 3 – Your very own new build
Once your mortgage is approved you can buy your new home. You will own your home 100% with a normal mortgage.
Step 4 – End of term
When your initial fixed term period ends, you will simply revert to the standard interest rate with your mortgage provider.
At Prospect Homes, we are committed to helping you find the perfect home. Our new Own New Rate Reducer Mortgage is designed to make homeownership more attainable and stress-free. Explore our developments today and take the first step towards owning your dream home with confidence.
Speak to one of our sales advisors for more information on how an Own New Rate Reducer can work for you.
Got a home to sell? Then let’s get the ball rolling. With our EasyMove scheme, we’ll manage the sale of your property from start to finish. We’ll use our expertise to market your home, get the price you’re looking for, and move you into your new Prospect home quicker. We’ll even pay your estate agency fees – saving you both time and money. Read on to see if EasyMove could work for you.
It makes selling easier
Selling a home can take a bit of effort. But with EasyMove, we handle everything. From getting your home on the market through to completion, we’ll do it all.
We’ve got the know-how
We’re used to selling homes and dealing with estate agents so we’ll be aiming for a quick sale, and at a price you’re happy with. So you get to tap into our expertise for free.
Less fees to pay
To help you on your way, we’ll pay your estate agency fees (up to a value of £3,000). That gives you more money for your deposit or to spend on your new home.
Secure your dream home now
Once you’ve signed up to EasyMove, you can provisionally reserve your Prospect home. So you won’t miss out while you wait for your existing home to sell.
EasyMove is a hassle-free way to sell your home, especially when you don’t qualify for part exchange.
Step 1 – Valuing your home
Once you’ve chosen your new Prospect home, you can provisionally reserve it. In the meantime, we’ll arrange for your existing property to be valued.
Step 2 – Appoint an estate agent
Next, we’ll appoint an estate agent to work with us on the sale and marketing of your home. We’ll work with the agent to make sure your home is sold quickly, and at the right price – keeping you in the loop along the way.
Step 3 – Sell your existing home
Once you’ve accepted an offer on your existing home, you can then formally reserve your Prospect home. From there, you’ll go through the usual steps of buying and selling a home. We can recommend a choice of independent financial advisors and solicitors who’ll help you through the process.
Step 4 – Move into your Prospect home
When the purchase of your new home is complete, we’ll pick up the estate agency fees for the sale of your old home. Now, all you need to do is move into your Prospect home and celebrate a new way of living.
The EasyMove scheme is available subject to contract and status. It cannot be used in conjunction with any other Prospect offer. Terms and conditions apply.
EasyMove is just one way we can help you sell your home. Have a look at our Prospect part exchange offer to see if this could work for you too.
Not sure if you’ll have enough equity in your current home? See if our 5% Deposit Unlock scheme could help you.
Found your ideal Prospect home but have yet to sell your existing property? Then Prospect part exchange could get you moving quicker. By ‘trading in’ your home, you’ll cut out the stress of selling – no waiting around, no agency fees and no buyers to negotiate with. We’ve helped lots of people move up to a Prospect home. Find out if we can help you.
It’s less hassle
Selling a home can be stressful. Prospect part exchange takes away the hassle of viewings, negotiations, and waiting for buyers to come along.
No chains to hold you back
Prospect part exchange is a chain-free process. It’s comforting to know that you can set a moving date, without the risk of hold ups.
No estate agency fees
With a guaranteed buyer (us), you won’t need to advertise your home. Saving on estate agency fees gives you a little extra to spend on your new home.
Step 1 – Make an application
First, you’ll need to fill in an application form. Once we’ve got your application, we’ll arrange for an estate agent to visit your home to inspect and value your property. This usually happens three working days after putting in your application, so you’ll need to give us access to your home.
Step 2 – Making an offer and reserving your home
If we decide to make an offer on your home, we’ll get three valuations to make sure our offer is fair to you. We’ll make you a verbal offer, which will be based on a sale within 4-6 weeks. You’ll then be able to reserve your new home.
Step 3 – Instructing a solicitor and financial advisor
At this point, you’ll need to instruct a solicitor to act on your behalf. If you need a mortgage, you’ll also need to work with an independent financial advisor who’ll help you make a full mortgage application.
Step 4 – Home survey
If you decide to accept our offer, we’ll arrange and pay for a survey of your home. This will need to be paid within two working days after accepting our offer.
Step 5 – Moving in
You’ll be able to move into your new Prospect home once the sale of your existing property has completed. You don’t have to wait for us to sell your home to another buyer.
Part exchange is available on selected plots and developments. To be eligible for part exchange:
To move forward with Prospect part exchange you’ll need to:
Prospect part exchange isn’t available in conjunction with any other offer. Terms and conditions apply.
Prospect Part Exchange is just one way we can help you sell your home. Have a look at our EasyMove scheme to see if this could work for you too.
Saving for a deposit might be the biggest hurdle to owning your dream home. Most lenders typically ask for a deposit of between 10% and 20%. But with Deposit Unlock, you could buy a home with just a 5% deposit. It makes the first step towards buying a home much more affordable. Find out if Deposit Unlock could help you buy your new Prospect home.
Less waiting while you save
With less time spent saving for a deposit, you could move into a new Prospect home sooner than you thought. With your property search now over, you can start planning for your future.
You don’t have to be a first-time buyer
You can apply for Deposit Unlock whether you’re buying for the first time, or you already own a home. That’s good news if you’re selling but you don’t have enough equity for a big deposit.
You can access competitive mortgage rates
Deposit Unlock comes with an insurancebacked guarantee. Put simply, it means that we insure your mortgage – giving lenders the confidence to offer you a 95% mortgage at competitive rates.
You’ll own your home outright
With Deposit Unlock, you’ll be a freeholder, owning 100% of your home.
Step 1 – Check whether you qualify
Once you’ve found the Prospect home you want to buy and it’s available through Deposit Unlock, speak to an independent financial advisor to check if you qualify for the scheme. If you get the go-ahead, we’ll give you a Confirmation Letter so you can apply for a Deposit Unlock mortgage. At this point, we’ll also ask for a reservation fee to secure the home you want to buy.
Step 2 – Apply for a mortgage
Your independent financial advisor will help you apply for a 95% mortgage from a lender participating in the scheme. You’ll need to meet the lender’s own affordability criteria before the mortgage is accepted. If you’re selling your existing home, you’ll need to have it valued and on the market.
Step 3 – Instructing a solicitor
Once your mortgage is in place, you’ll need to instruct a solicitor to assist you with the purchase. They’ll carry out local searches and make legal enquires on your behalf. Make sure you keep in touch with your solicitor and us to ensure everything goes smoothly.
Step 4 – Moving in
You’ll be able to move into your new Prospect home once the sale has completed, and when your old home has sold if you had one.
Deposit Unlock is a new scheme created by the Home Builders Federation, in partnership with lenders and housebuilders. Mortgages are currently available with Nationwide Building Society, Accord Mortgages and Newcastle Building Society.
Deposit Unlock is available on selected plots and developments. To be eligible for Deposit Unlock:
Deposit Unlock is available on selected plots only, and is subject to contract and status. Deposit Unlock isn’t available in conjunction with any other Prospect offer. Terms and conditions apply.
Need help selling your existing home? Find out about part exchanging your home with us or explore our EasyMove scheme.
©2024 Prospect Homes
All rights reserved.
Company registration number:
4192419
Registered Office:
2 Estuary Boulevard Estuary Commerce Park Liverpool, L24 8RF