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Secure a new home in Northampton with a 5% deposit

3rd June 2012 Print
Taylor Wimpey Homes

Taylor Wimpey East Midlands is urging Northamptonshire property-hunters to hurry if they hope to take advantage of the FirstBuy scheme at Buttercup Meadow, the leading housebuilder’s popular development of properties for sale in Northampton.

Fast-moving first-time buyers can get help to step on the Northampton property ladder with the Government-backed FirstBuy scheme at Taylor Wimpey’s Buttercup Meadow development in the peaceful Northamptonshire village of Duston.

This fantastic initiative lets qualifying purchasers secure their new home now for just 80% of its full purchase price – including a deposit as low as 5%, subject to status – and is available with selected three-bedroom terraced homes at the development of new build houses in Northampton.

Under the FirstBuy scheme, for example, one lucky purchaser could access the stylish three-bedroom Plot 34 ‘Carrick’ terraced property for sale in Northampton for just 80% of its £176,995 purchase price – that’s just £141,596, including a deposit of as little as £8,850!

Janet Robinson, Regional Sales Manager for Taylor Wimpey, says: “FirstBuy offers first-time buyers a unique opportunity to leave renting behind and secure one of our stylish new homes for sale in Northampton.

“However, we have already experienced considerable interest in this fantastic initiative and availability is strictly limited, so I would stress to anyone interested in taking advantage of the offer that they must be quick to avoid missing out.”

FirstBuy works through a joint loan of 20% from the Homes and Communities Agency (HCA) and Taylor Wimpey, which means that eligible purchasers only need put down a 5% deposit and obtain a 75% loan-to-value mortgage.

The loan is repayable at the end of the 25-year mortgage term or when the property is sold. To be eligible, purchasers must be first-time buyers and their total household earnings should be less than £60,000.

The gorgeous three-bedroom Plot 34 ‘Carrick’ is an ideal first home for individuals, couples or young families, and enjoys a peaceful cul-de-sac location at Buttercup Meadow.

This delightful home features a wonderful open-plan living/dining room opening through French doors to the private rear garden, a contemporary fitted kitchen and a handy guest cloakroom 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 a garage and allocated parking.

Three-bedroom houses are currently on sale priced from just £176,995 at Buttercup Meadow, while four-bedroom properties are available from only £319,995.

Buttercup Meadow occupies an attractive, elevated location on the fringes of Duston village, nestled within a conservation area. Some 60 acres of private parks, woods and open areas, with planned football and cricket pitches and village greens, contribute to Buttercup Meadow’s delightful backdrop.

The new homes are within easy reach of Duston’s range of amenities for everyday needs, including shops, pubs and places to eat.

Families will appreciate there is a choice of good schools nearby, with The Duston School for secondary age pupils right on the doorstep, and Millway Primary School and St Luke’s CofE Primary School in Duston each just a short distance away.

Northampton, with its wider range of high street stores and leisure facilities is just three miles from home, while the popular out-of-town Sixfields leisure complex, with its multiscreen cinema, bowling alley, gym, shops and restaurants, is just a mile and a half away.

For commuters, Buttercup Meadow has an enviable position close to the A45, while the M1 is three miles away by road. Northampton railway station provides good local services, plus regular trains into London Euston and Birmingham New Street within 60 minutes.

For further information, visit taylorwimpey.co.uk.

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Taylor Wimpey Homes