Help to step on the housing ladder in Tonbridge

Aspiring first time buyers craving the freedom of owning a home of their own could find that raising a deposit and securing an apartment in Tonbridge is easier to achieve than they anticipated.

Help to Buy equity loans have proved invaluable to many of those who’ve purchased a home at Redrow’s popular Waterside Reach development in the town.

All of the homes in the first phase, in the Aqua building, have now been sold with keen interest in the remaining properties in the other building, known as Indigo.

With the apartments selling fast, the award-winning homebuilder is encouraging people to reassess their finances and, instead of considering whether they can afford to buy, to ask themselves if they can afford not to.

Kerry Jenkins, sales director for Redrow Homes (Eastern), explains: “A survey by Ocean Finance found that Help to Buy is now the most popular way for first time buyers to make that crucial first step onto the housing ladder and that’s certainly been the case at Waterside Reach. Many of our customers say that without the equity loan scheme they’d have to save for much longer to raise a deposit for a home of their own.

“In fact aspiring homeowners could be pleasantly surprised to learn that savings of around £10,000 could secure a one-bedroom apartment at Waterside Reach.
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Properties are available from £208,995 or an initial outlay of only £167,196 with Help to Buy. The lower price includes a 5% deposit, plus a 75% mortgage from the customer’s preferred lender. The remaining 20% is covered by the equity loan, which is interest free for five years.

Designed and built with pride, the apartments enjoy a high specification as standard. Kitchens are well equipped with integrated top brand name appliances, with down lights to kitchen and wet areas; while master bedrooms benefit from fitted wardrobes.

The development also offers secure undercroft parking, subject to plot. For those who want to let the train take the strain, the local station offers journey times to London in around 35 minutes.

As the name suggests, Waterside Reach enjoys a prime riverside setting with potential for stunning ever-changing views enabling homeowners to drink in the calm of the water.

Situated in the heart of Tonbridge, the apartments benefit from having a wealth of amenities including shops and restaurants close by.

The marketing suite at Waterside Reach is open daily from 10am to 5.30pm. For the latest availability and pricing see redrow.co.uk/waterside.