Secure a new home in East Grinstead with a 5% deposit
Taylor Wimpey, the housebuilder behind the RHNineteen development of apartments in East Grinstead, has the perfect solution for parents who are still providing a home for their grown-up kids.
With rising property prices and mortgage providers asking for hefty deposits, it’s no surprise that first-time buyers are finding they’re forced to stay in the family home because they can’t afford to purchase their own home in East Grinstead.
Fortunately, Taylor Wimpey has introduced the Government-backed NewBuy 95% mortgage scheme at RHNineteen to help these overgrown offspring secure a new flat in East Grinstead with just a 5% deposit.
With prices for the final few plots at this popular development of apartments for sale in East Grinstead starting at just £139,500, this means parents could potentially get rid of the kids by providing a deposit from as little as £6,975!
Jason Stokes, Regional Sales and Marketing Director for Taylor Wimpey, says: “Would-be homeowners are finding it increasingly difficult to take that all-important first step on the property ladder, with the average age of a first-time buyer now an all-time high at 37, and the average deposit required to secure a first home now well in excess of £60,000.
“It’s no surprise, then, that increasing numbers of people are choosing to enjoy those home comforts for longer – which may work out well for them, but isn’t necessarily as much fun for their parents!
“Thankfully, NewBuy makes it easier for credit-worthy purchasers to access 95% mortgages, which means they require only a 5% deposit – and this may well be considered a price worth paying for parents looking to help their kids to strike out on their own.”
The final apartments remaining for sale at RHNineteen which are eligible for NewBuy include one-bedroom designs from just £139,500 and two-bedroom designs from just £191,250.
The beautiful two-bedroom fourth-floor Plot 59 apartment, for example, is priced at £191,250 and features a spacious open-plan kitchen/living/dining room, plus an en-suite master bedroom, a further bedroom, a main bathroom and a handy storage closet located off the internal entrance hallway. Outside, the property benefits from allocated parking.
All properties 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.
Conveniently located just a short walking distance from East Grinstead’s historic town centre, RHNineteen benefits from an abundance of facilities within easy reach, including a wide range of independent and high street shops, an entertainment complex with bars, clubs, and a cinema, plus a swimming pool and sports centre.
Three supermarkets are within a few minutes’ walk of home, while there’s a good selection of highly respected schools for all ages also close at hand.
For commuters, East Grinstead railway station is just a short stroll from RHNineteen and provides regular services to London Victoria in less than an hour. The M23 is close by and provides easy access to Crawley (6 miles), Brighton (21 miles) and central London (27 miles), and for those travelling further afield, Gatwick airport is just nine miles away.
Visit taylorwimpey.co.uk for further information.