Properties in Lincolnshire available with 5% deposits
First-time buyers have a fantastic opportunity to secure a stylish two-bedroom house with a 5% deposit at Oak Springs, Taylor Wimpey’s popular development of houses and apartments in Lincolnshire.
The Government-backed FirstBuy scheme offers aspiring homeowners the chance to secure selected plots at the development of new build homes in Lincolnshire for 80% of their full price – including a 5% deposit, subject to status.
With a choice of two-bedroom ‘Penarth’ terraced houses now available under FirstBuy from only £119,995, qualifying Lincolnshire property-seekers can purchase their new home from only £95,996, including a 5% deposit of just £6,000.
Janet Robinson, Regional Sales Manager for Taylor Wimpey, says: “The ‘Penarth’ is an attractive property with a spacious layout that is ideal for individuals, couples and young families.
“Prospective purchasers should visit our Sales Centre immediately to find out how FirstBuy could make securing this fabulous property in Bourne, Lincolnshire, easier and more affordable than they ever believed possible.”
Under FirstBuy, Taylor Wimpey and the Homes and Communities Agency (HCA) boost the purchaser’s down-payment with a joint loan of 20%, which is repayable at the end of the 25-year mortgage term or when the property is sold. To be eligible, customers must be first-time buyers with a household income below £60,000.
The ‘Penarth’ features a spacious lounge/dining room opening through French doors to the private rear garden, plus a contemporary kitchen and a cloakroom off the entrance hallway.
Upstairs, the landing leads to two generously-proportioned bedrooms and a bathroom, while outside the property benefits from allocated parking.
Alternatively, three-bedroom properties are priced from only £164,995 at Oak Springs, while four-bedroom houses are available from £199,995.
With an idyllic setting on the edge of open countryside, yet just a mile from the centre of the pretty Lincolnshire market town of Bourne, Oak Springs offers a unique opportunity for home-hunters to combine the very best of town and country life.
Located on the edge of the fens, Bourne is steeped in history with no less than 71 listed buildings occupying the parish, including Bourne Abbey and Baldock’s Mill, a former water mill which now houses the town’s heritage centre.
The town boasts a range of high street and independent shops and supermarkets, while those seeking entertainment can choose from a number of bars, restaurants and traditional pubs.
For days out, nearby Grimsthorpe Castle country house nestles in 3,000 acres of rolling pastures, lakes and woodland landscaped by ‘England’s greatest gardener’, Capability Brown, while Bourne is also within easy reach of three nature reserves.
What’s more, Bourne is well placed for the neighbouring towns of Spalding and Stamford, both of which are 13 miles away by road, while the A1 is just 14 miles from home and Peterborough’s superb shopping, leisure and entertainment facilities are also nearby. The seaside is also within easy reach of Oak Springs, as the east coast is a mere 30 miles from home.
Education provision in the town is excellent with schools for children of all ages, including the well-regarded Bourne Grammar School, which ranks among the best in the East Midlands for A-level results; and Robert Manning College, a high-performing comprehensive specialising in technology and vocational education for 11 to 18-year-olds.
First-time buyers hoping to secure the ‘Penarth’ with FirstBuy should visit the Sales Centre, located off The Gables, Elsea Park, Bourne, and open seven days a week from 10.30am to 5.30pm, or log on to taylorwimpey.co.uk.