Secure a new home in Basingstoke with a 95% mortgage
Home-hunters can secure high-quality homes with a 5% deposit thanks to the NewBuy scheme at Limes Park, Taylor Wimpey’s development of houses and apartments for sale in Basingstoke, Hampshire.
This incredible Government-backed initiative is due to run for several years and helps both first-time buyers and those with a property to sell by enabling them to access 95% mortgages on properties up to the value of £500,000.
The scheme makes it easier for credit-worthy purchasers to secure affordable mortgages without the need for large deposits or significant equity in an existing property – and it’s available now with selected Taylor Wimpey apartments as well as family-size houses for sale in Basingstoke.
Tim Betts, Regional Sales and Marketing Director for Taylor Wimpey, says: “The return of 95% mortgages under the NewBuy scheme is excellent news for those looking to secure their first home, as well as those wanting to move but have limited equity in their current property.
“With prices starting at just £175,000 for a two-bedroom apartment at Limes Park, would-be buyers could secure their perfect property in Basingstoke with a deposit as low as £8,750.
“I would advise potential purchasers to get in touch with us as soon as possible to make sure they don’t miss out on this fantastic opportunity.”
There’s currently a great choice of two-bedroom apartments available to purchase at Limes Park from as little as £175,000.
These impressive properties each feature a generously-sized kitchen/dining/living room, complete with integrated appliances, plus two good-sized bedrooms and a main bathroom. Outside, the apartments benefit from two allocated parking spaces, while selected plots include en-suite facilities to master bedrooms.
NewBuy is also available on selected two-bedroom coach house-style apartments with garages, priced from just £200,000 at Limes Park, and three and four-bedroom houses, which are priced from only £274,995.
All new homes at the development are completed to a high standard specification, including energy efficient central heating, double glazing and a fitted kitchen with integrated oven, hob and hood.
Limes Park is located on the north-western fringes of Basingstoke with the town centre just two miles from the development.
Basingstoke itself combines historical influences with bustling modern shops and exciting leisure pursuits, while Festival Place shopping centre comprises more than 150 shops, restaurants, bars and cafés.
The town is also home to a choice of music venues, multi-screen cinemas, tennis courts, a leisure park, sports clubs, an ice rink, a swimming pool and bowling alleys. The open countryside is also just a stone’s throw away, offering nature trails and opportunities for woodland walks and cycling.
Customers can find out more about 95% mortgages at Limes Park by visiting the Sales Information Centre, located off Peggs Way, Park Village, Basingstoke, and open seven days a week from 10.30am to 5.30pm. Alternatively, visit taylorwimpey.co.uk.