Written by Stacy Dornan.
Whether you’re a first-time buyer struggling to get on the property ladder or a homeowner with limited equity in your property, help is available to turn your dream move into a reality!
At Taylor Wimpey’sBeaufortParkdevelopment in Carbrooke, near Watton, there’s a choice of exceptional homebuying incentives on offer to help both first-time buyers and homeowners snap up their perfect property.
The government-backed NewBuy scheme allows credit-worthy purchasers to secure a new home at the development with a 95pc mortgage.
The initiative is open to both first-time buyers and current homeowners, who will only require a 5pc deposit to make their move.
With prices starting at £112,995 for a two-bedroom ‘Chesterton’ terraced house at Beaufort Park, would-be buyers could secure their ideal home with a deposit as low as £5,650 under NewBuy.
FirstBuy, meanwhile, helps qualifying first-time buyers secure their home for just 80pc of the full purchase price – including a 75pc mortgage and a 5pc deposit, subject to status.
Under this scheme, which is part-funded by the Homes and Communities Agency (HCA), the ‘Chesterton’ can be accessed by qualifying purchasers for an 80pc price of £90,396 – including a deposit of only £5,650.
Under FirstBuy, Taylor Wimpey and the HCA will boost the purchaser’s down-payment with a joint loan of up to 20pc, which is repayable at the end of the 25-year mortgage term, or when the property is sold. To be eligible for FirstBuy, customers must be first-time buyers with a household income below £60,000.
To find out more about NewBuy and First Buy – and the variety of other helpful homebuyer incentives available atBeaufortPark– visit the sales information centre, located offNorwich Road, between Watton and Carbrooke, and open 10am to 5pm, Thursday to Sunday, and 1.30pm to 5pm on Mondays.
Alternatively, call the sales team on 0845 071 4744.
Stacy Dornan is sales and marketing director for Taylor Wimpey EastAnglia.
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