Renters who dream of becoming homeowners could find that buying a property at Taylor Wimpey’s popular Kings Acre development in Clipstone, Nottinghamshire, is more affordable than they imagined.
That’s because they can stop throwing their money away on rent and choose from a selection of stunning two-bedroom terraced houses, priced from just £110,000, which are available with the fantastic Help to Buy scheme.
Help to Buy enables eligible first-time buyers (as well as those with a property to sell) to access a Government loan for 20% of the full price of their new home, so they can secure the property with a 75% loan-to-value mortgage and a deposit as low as 5%.
With interest rates remaining at an all-time low, purchasers who’ve previously been renting may find their monthly outgoings are considerably reduced thanks to the fact they only need an £82,500 mortgage* – and a deposit of as little as £5,500!*
Lucie Grundy, Sales Manager for Taylor Wimpey, says: “Instead of lining their landlord’s pockets, renters who long to take their first step on to the property ladder will find a range of superb houses on offer at Kings Acre.
“Thanks to Help to Buy, becoming a homeowner could be even easier and more affordable than prospective purchasers might think. In fact, they may well find that their monthly mortgage repayments are less than the amount they’ve been paying in rent!
“However, there’s a great deal of interest in these high-quality, great-value properties, so I’d urge anyone interested to come and see us as soon as possible!”
The two-bedroom ‘Hobbs’ terraced house is the perfect choice for first-time buyers, featuring from a light and airy kitchen/dining room leading out to the private rear garden, with a living room and a guest cloakroom completing the ground-floor layout.