FirstBuy available with homes in Leighton Buzzard
First-time buyers can secure a brand new home in Leighton Buzzard with just a 5% deposit this summer at Taylor Wimpey’s Heath Meadows development.
The Government-backed FirstBuy initiative is giving those hoping to step into home ownership the chance to purchase their ideal Taylor Wimpey property in Leighton Buzzard for only 80% of its full price, including a 5% deposit, subject to status.
Christine Scarborough, Regional Sales and Marketing Director for Taylor Wimpey, says: “FirstBuy eliminates the need to save up a hefty deposit, allowing first-time buyers to step on the property ladder sooner than they may have thought – and it’s available now with our new homes for sale in Leighton Buzzard.
“This superb incentive is already attracting plenty of interest from would-be homeowners and it is only available with a strictly limited number of our properties in Leighton Buzzard, so anyone interested should visit our Sales Information Centre immediately.”
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.
For example, fast-acting first-time buyers could purchase the stunning two-bedroom Plot 188 ‘Mulberry’ apartment for 80% of its £129,950 price – that’s just £103,960 and they can secure it with a 5% deposit of only £6,500.
This impressive apartment boasts an open-plan kitchen/living room, an en-suite master bedroom, a second well-proportioned bedroom and a main bathroom, while outside the property benefits from a car port and one parking space.
Alternatively, four-bedroom townhouses are on sale at Heath Meadows from £207,500 and can be accessed under FirstBuy with an 80% price of only £166,000, including a 5% deposit of as little as £10,375.
All 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.
Heath Meadows occupies a convenient location in popular Leighton Buzzard, and is well served by local amenities, including a nursery and schools for children of all ages.
Lying just two miles from the town centre, the development is within easy reach of a wide selection of high street and independent stores, a twice-weekly market and a wealth of pubs, restaurants, health clubs and leisure facilities.
Quick links to London make a home at Heath Meadows highly desirable for commuters, with the A5 and M1 close by and the town’s rail station offering regular services to the capital and the North. Those travelling further afield will appreciate that Luton Airport is only 18 miles from the development.
Visit taylorwimpey.co.uk to find out more.