LoginSubscribe to Alerts

Family Upsize Thanks To The Own New Scheme

Posted 3 October 2023 by Helen Christie

A family has upsized to a larger home at Persimmon Homes’ Rainton Garden development thanks to the Own New scheme…

Upsizing into a larger property has enabled Lee and Caroline Gunning to create a dedicated training room at home for their seven-year-old gymnast daughter.

The couple have swapped their three-bedroom former council house for a four-bedroom new build property at Persimmon Homes’ Rainton Gardens development in Chilton Moor, near Houghton-le-Spring.

Lee, a 41-year-old operations manager, and Caroline, a 39-year-old civil servant, were able to buy a larger home thanks to the Own New scheme, available through the Darlington Building Society.

The couple have set aside one of the four bedrooms as a training room for their daughter Emily, who is a keen gymnast and has already won competitions in the sport. The room is kept empty of furniture which allows them to inflate a practice mat that Emily uses to perfect her backflips and cartwheels. 

Emily at Rainton Gardens (Persimmon Homes)

The proud parents secured a 95% joint mortgage via the initiative, which has been set up to help buyers who do not have a large deposit but can afford the monthly payments.

The couple and their children Harry, nine, and Emily, were living in a three-bedroom semi-detached former council house in Gateshead but wanted to move to a bigger home.

Lee says: “We wanted at least four bedrooms because Caroline works from home three days a week, so we needed an extra room for a home office. Emily’s bedroom was just a box room and simply not big enough for her, especially as she is getting older and wants her own space at times. To be honest, we had outgrown the house and we wanted to move to be nearer to Caroline’s family who all live near Houghton-le-Spring anyway. Also, the estate we were on was quite busy and built up and we wanted to live in a quieter place.”

The couple searched on the internet and found the Persimmon Rainton Gardens development in Chilton Moor.

Caroline says: “We went down to the development and the lovely sales advisor Sharon showed us a Belmont show home, which was perfect. The layout was exactly as we wanted it downstairs, with a big kitchen/diner with French doors to the back garden, a separate living room, a cloakroom and a utility room. Upstairs there were four bedrooms and a study which is perfect as Lee’s home office.”

The couple had bought their old home but did not have much equity in the property.

Lee says: “The problem we had with looking to buy a bigger house was that, although we have good jobs and have both had salary rises and can afford to pay a mortgage, we only had a small deposit and most deals were for a deposit of 10% or more. Persimmon recommended that we talk to the Mortgage Advice Bureau, who were great. They helped find us the Own New mortgage deal through the Darlington Building Society, where we only needed to come up with a 5% deposit.”

The family at Rainton Gardens (Persimmon Homes)

The family and Luna, their eight-month-old Poochon, a cross between a Miniature Poodle and Bichon Frise, moved into their new Belmont style home in July. The couple paid £290,000 for the property, put down a £14,500 deposit and make mortgage payments of £1,600 a month.

Caroline says: “We all love our new home and can’t quite believe such a fabulous house is ours. I adore the spacious kitchen/diner as I can cook while we can all sit in the room and catch-up without being on top of each other. Lee’s favourite room is our bedroom because he loves the luxury of having an en suite. Harry is very pleased with his new larger bedroom because he now has room to display the Lego creations he has worked hard to produce. Emily is delighted that she now has a proper bedroom, with space for her to sit on the floor and play with all her dolls. She also loves her new training room where she can practice her gymnastics to her heart’s content. We have found our dream home and there is no doubt that we would not have been able to buy it without the help of the Own New 5% mortgage. We are so grateful.”

Own New works with lenders behind the scenes to reduce the risks linked with high loan-to-value mortgages. This means the lender can offer mortgages with more attractive rates to a wider range of buyers. More than 60 homebuilders across the country have signed up to offer Own New as it expands nationwide. Own New is funded by housebuilders, who pay a small fee on completion of the sale. There is no cost to the homebuyers, who simply apply for a standard mortgage in the usual way through Darlington Building Society and own 100% of their home.

View more developments currently available from Persimmon Homes


Find new homes in Tyne and Wear
Find retirement homes in Tyne and Wear

Featured Developments
Houghton Le Spring, Tyne and Wear DH4
£204,950 - £289,950
Rainton Gardens
Houghton Le Spring, Tyne and Wear DH4 
3 - 4 bedroom properties
Persimmon Homes
Save time and contact all housebuilders at once
Select the developments you're interested in and we will do the rest.
  • Rainton Gardens
By clicking "Request Details" I accept the Terms and Conditions and Privacy Policy and I am happy to receive more information about the above or other developments similar from WhatHouse? Digital or these developers. I understand that consent isn't a condition of purchase for any product or service and that I can opt out at any time.
The housebuilder will use these details to contact you about this property/development to arrange a viewing or provide you with more information.
 Allanwater Home at Oaktree Gardens in Alloa
10 June 2024
Dreaming of a hassle-free, luxurious new home? Allanwater Homes at Oaktree Gardens in Alloa offers top-class specifications...Read more
St. Leonards quarter, Exeter from Acorn Property
10 June 2024
​​​​​​​Independent property developer, Acorn Property Group, will be unveiling the new 1-bedroom Show Apartment on Saturday, 22nd June 2024 Read more
The Forster family found their future proofed home
23 May 2024
The search for a larger home ended with the Forster family getting more home for their money and calming countryside views. Read more
Colette and Ian Todd at Doxford Green
11 January 2024
A couple have Part Exchanged their way to a brand new home from David Wilson Homes at Doxford Green...Read more
Bedewell Court (Barratt Homes)
4 January 2024
WhatHouse.com has introduced its comprehensive Location Ratings data that give new homes developments a score based on the major topics house-hun...Read more
15 November 2023
We assess the latest information to rate current new homes developments under the core topic of transport links...Read more
Sign up for email alertsGet the latest properties and updates sent directly to your inbox daily, weekly or immediately you are in control.
Subscribe to Alerts
Search news and advice

Click here to see your activities