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Secure a new apartment at Compass Point with Help to Buy

25th June 2014 Print
Compass Point development in Southampton

Homebuyers have a superb chance to step on – or up – the property ladder for less at Compass Point, Taylor Wimpey’s popular development in Southampton.

There’s a wonderful choice of newly-released ‘Cedar House’ apartments now available to reserve at this sought-after development – and the Help to Buy equity loan scheme makes securing one of these great-value homes even more affordable!

Help to Buy enables eligible first-time buyers and those with a property to sell to secure a Government loan for 20% of their new home’s full price, so they only need a 75% loan-to-value mortgage and a deposit as low as 5%.

However, anyone hoping to make Compass Point their home is advised to hurry as savvy purchasers have been eager to snap up their perfect property from this fantastic collection – with eight apartments already sold in the four weeks since they were launched.

Fiona Creed, Regional Sales and Marketing Director for Taylor Wimpey, says: “We’re delighted by the response to our new ‘Cedar House’ apartments at Compass Point, with plots selling at the rate of two a week – and interest in these highly-desirable properties is showing no sign of slowing.

“Help to Buy is the perfect solution for first-time buyers and makes it possible to secure an apartment for less at Compass Point and then enjoy the benefits of lower monthly mortgage repayments as well as life in this wonderful location!

“Meanwhile, for those looking for a larger home, we also have a choice of impressive four-bedroom designs which offer plenty of space for growing families.”

Two-bedroom apartments at Compass Point are priced from £158,000 and each features a spacious kitchen/dining/living room, a master bedroom, a further bedroom and a main bathroom off the internal entrance hallway, plus allocated parking outside. Selected plots also benefit from an attractive Juliet balcony to the living area.

Alternatively, one-bedroom apartments are priced from £132,000, while there is also a choice of two newly-released four-bedroom house types – the ‘Twyford’, priced from £255,000 and the ‘Easton’ from £260,000.

Help to Buy is available on new-build properties up to the value of £600,000 and there is no salary cap for homebuyers taking advantage of the scheme.

Compass Point enjoys a convenient location in the established residential community of Maybush, just three miles from the centre of Southampton and only a short hop from the rural splendour of the New Forest.

There’s a choice of local supermarkets right on the doorstep while the West Quay Shopping Centre offers a wide selection of big name stores in the heart of the city.
The new apartments are also within easy reach of Southampton’s wide range of bars, restaurants, cultural destinations and leisure and entertainment venues.
For commuters, the nearby M271 offers quick access to the M27 and the region’s motorway network, while frequent rail services operate from Southampton station to London and all of the nation’s major cities.

To find out more about securing a ‘Cedar House’ apartment with Help to Buy at Compass Point, home-hunters can visit the Sales Information Centre, located off Romsey Road, Maybush, Southampton, SO16 9GJ, and open daily from 10am to 5pm. Alternatively, visit taylorwimpey.co.uk.

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Compass Point development in Southampton