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Get Help to Buy a new home at Penns Croft

20th August 2014 Print
A typical showhome interior

Property-seekers looking for a little help to step on or up the property ladder can take advantage of a superb opportunity to snap up their dream home at Taylor Wimpey’s Penns Croft development in Nuneaton.

The Help to Buy equity loan scheme enables eligible first-time buyers and those with a property to sell to secure a Government loan of up to 20% of the full price of their new home – so they only need a 75% loan-to-value mortgage and a deposit as low as 5%.

Carl Cooke, Regional Sales and Marketing Director for Taylor Wimpey, says: “We have a superb range of properties available at Penns Croft, from stylish two-bedroom apartments to spacious three and four-bedroom houses, so there’s something for all kinds of purchasers, whether they’re first-time buyers or existing home-owners.

“Help to Buy offers homebuyers just the help they need to make that important step on or up the property ladder, as they can secure a property with a low deposit and then take advantage of a wider range of competitive deals from lenders to ensure their monthly mortgage repayments are more affordable.

“The scheme is attracting plenty of attention at Penns Croft, so prospective purchasers are being urged to hurry if they want to take advantage of this exceptional opportunity.”

The two-bedroom ‘Ashby’ terraced house, for example, is available with Help to Buy at Penns Croft and offers a spacious layout across two floors.

Priced from £131,950, this handsome property features a living/dining room opening through French doors to the private garden, plus a kitchen and a guest cloakroom off the entrance hallway.

Upstairs, the landing leads to two double bedrooms and a main bathroom, while the property also benefits from allocated parking outside.

Meanwhile, two-bedroom ‘Jackson’ apartments are priced from just £102,950 at Penns Croft, while three-bedroom houses are available from £159,995 and four-bedroom houses from £222,500.

All new homes at the development are completed to a high standard specification, including central heating, double glazing and fitted kitchen with integrated oven, hob and hood.

Help to Buy is currently available on all new-build properties up to the value of £600,000 and there’s no salary cap for purchasers using the scheme.

Penns Croft enjoys a convenient location on the south-western fringes of Nuneaton, within walking distance of the fantastic leisure facilities of Bermuda Park, including a multi-screen cinema, bowling alley, gym and a choice of restaurants.

Nuneaton itself benefits from superb local shopping facilities including a choice of supermarkets and the bustling twice-weekly market, as well as a selection of independent and high street shops.

There’s a wide range of leisure and sporting facilities in the town, while the beautiful Warwickshire countryside is right on the doorstep to enjoy – and families will appreciate that schools for all ages are located just a short distance away.

With Coventry 10 miles away and Leicester and Birmingham each only around 20 miles from home, Nuneaton enjoys a well-connected location boasting quick links to the M6 and M69. Nuneaton railway station offers services to Birmingham New Street in just half an hour, while there are also regular direct services to London Euston.

Home-hunters can find out more about Help to Buy at Penns Croft by visiting the Sales Centre, located off the A444 northbound, Bedworth, Nuneaton, Warwickshire, CV10 7DA, and open Thursday to Monday from 11am to 5pm. Alternatively, visit taylorwimpey.co.uk.

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A typical showhome interior