95% mortgages available with new homes in St Ives
Cambridgeshire property-seekers can now take advantage of the Government’s NewBuy scheme at Taylor Wimpey’s Slepe Meadow development of new homes for sale in St Ives.
Property-seekers in search of new homes for sale in Cambridgeshire are being offered a fabulous opportunity to take advantage of a new Government scheme which will make it easier to purchase their dream home at Slepe Meadow, Taylor Wimpey’s sought-after development of property for sale in St Ives.
The NewBuy initiative will help both first-time buyers and those looking to move home by enabling them to access 95% mortgages on apartments and houses for sale in St Ives up to the value of £500,000.
NewBuy in Cambridgeshire is set to make it easier for credit-worthy purchasers at the Taylor Wimpey St Ives development to secure affordable mortgages with only a 5% deposit – that’s as little as £6,375!
The initiative is likely to go down well with buyers, many of whom see the size of deposit as the main barrier to purchasing a property for sale in Cambridgeshire.
A recent survey by Taylor Wimpey revealed that 54% of first-time buyers had abandoned plans to buy a property in the last 18 months because they couldn’t afford to save the large deposit required by mortgage lenders. 57% of those surveyed also said they thought the Government should be doing more to help first-time buyers.
Tony Woodman, Regional Sales and Marketing Director for Taylor Wimpey, says: “Time and time again our buyers tell us that it is mortgage availability, not mortgage affordability, which is preventing them for buying.
“This scheme will help both those looking to get on the property ladder and those who want to move but have limited equity in their existing home, so it’s good news for the market as a whole.”
There’s a fantastic selection of new homes available at Slepe Meadow which are eligible for NewBuy, including stylish two-bedroom apartments, priced from just £127,500, and the three-bedroom ‘Hamborough’ terraced home, priced at just £215,000.
The ‘Hamborough’ is a spacious family-size home which features a light and airy kitchen/dining room opening through French doors to the private rear garden and boasting an attractive bay window. A large living room, also with access to the garden, and a handy guest cloakroom are also located off the entrance hallway.
Upstairs, the landing leads to the en-suite master bedroom, two further bedrooms and a main bathroom, while outside, the property benefits from allocated parking.
The stylish apartments at Slepe Meadow, meanwhile, each feature a contemporary fitted kitchen and open-plan living/dining room with attractive Juliet balcony, two bedrooms and a main bathroom, plus allocated parking outside. Selected plots include en-suite facilities to the master bedroom.
Set on the western fringes of the ancient market town of St Ives, Slepe Meadow comprises a fabulous selection of two-bedroom apartments plus three and four-bedroom houses to suit first-time buyers, commuters, professional couples and families alike.
The development is situated within easy reach of St Ives’ historic waterfront and town centre with its bustling market place, yet the new homes also enjoy a peaceful location bordered by open countryside.
A perfect location for commuters, Slepe Meadow benefits from quick and easy access to the A1123 for Huntingdon, a mere four miles away. Huntingdon railway station, with its direct routes to Kings Cross and Peterborough, is just five miles from the development, while Cambridge is only 16 miles away via the A14, which also connects to the A1 and M11 motorway, and, a little further afield, the M1 and M6.
To be one of the first to find out more information on NewBuy at Slepe Meadow, property-seekers can register their interest at taylorwimpey.co.uk.
Alternatively, they can visit the Sales Information Centre, located in Garner Drive, off Houghton Road, St Ives, and open from 10am to 5.30pm, Thursday to Sunday, and 10am to 2pm on Mondays.