Aspiring first-time buyers are being urged to hurry if they want to snap up their dream home under the popular FirstBuy scheme at Chaworth Gardens, Taylor Wimpey’s sought-after development in Ravenshead.
A strictly limited selection of two-bedroom ‘Arden’ apartments remains available to purchase through the Government-backed incentive, which lets qualifying first-time buyers secure their new home for just 80% of its full price.
Subject to status, FirstBuy customers require only a 5% deposit to purchase a Taylor Wimpey apartment at Chaworth Gardens, with the leading housebuilder and the Homes and Communities Agency (HCA) providing a 20% equity loan which is repayable at the end of the 25-year mortgage term or when the property is sold.
Under FirstBuy, a two-bedroom ‘Arden’ apartment at the development would be available to an eligible first-time buyer for 80% of its £99,995 purchase price – that’s just £79,996, including a 5% deposit of only £5,000.
Potentially, this could mean monthly mortgage payments of as little as £396.43 for the first-time buyer who moves quickly enough to secure their new home at Chaworth Gardens.
Carolyne Watkinson, Regional Sales and Marketing Director for Taylor Wimpey, says: “For anyone who feels like they’re stuck in a rental rut, FirstBuy offers a genuinely affordable route on to the property ladder, with low monthly mortgage repayments and no need for a big deposit.
“But with only a limited selection of properties still available under this fantastic scheme, would-be homeowners in Nottinghamshire should hurry along to Chaworth Gardens to find out more – because once they’re gone, they’re gone!”
The two-bedroom ‘Arden’ apartments available with FirstBuy at Chaworth Gardens benefit from convenient interior layouts which are perfectly suited to couples or young families. Each apartment features a spacious lounge/dining room with open-plan kitchen, plus two well-proportioned bedrooms and a bathroom off the internal entrance hallway. Allocated parking is located outside.
Like all new homes at the development, ‘Arden’ apartments are completed to a high standard specification, including central heating, double glazing and fitted kitchen with integrated oven, hob and hood.
To qualify for FirstBuy, purchasers must be first-time buyers with a combined household income below £60,000. Full details of the scheme, including terms and conditions, are available from the Sales Executive.
Chaworth Gardens enjoys an exceptional position in the beautiful village of Ravenshead, which nestles in the heart of Robin Hood Country.
The tranquil, semi-rural surroundings of this sought-after development, with Sherwood Forest and the Peak District close to home, mean Chaworth Gardens is ideal for those looking to get away from the hustle and bustle of urban living.
The multitude of shops, boutiques, bars, restaurants and leisure facilities in Nottingham are within easy reach of the development, while Ravenshead village amenities offer everything for day-to-day living on the doorstep, including a shopping precinct, a post office, butchers and a newsagent, plus nursery and primary schools.
Chaworth Gardens is also in an ideal spot for commuters with the M1 just 10 miles away.
To be in with a chance of securing one of the final apartments available under FirstBuy at Chaworth Gardens, first-time buyers should contact the Sales Executive on 0845 672 3949 to arrange a viewing appointment. The development is located off Longdale Lane, Ravenshead, NG15 9JN.
Information on all Taylor Wimpey new homes across the East Midlands region is available by calling 0116 281 6470 or by visiting the website at www.taylorwimpey.co.uk/eastmids.