Stepping stone for first time buyers in Poole

With fewer first-time buyers now than at any other time in the last 35 years*, Crest Nicholson is offering new buyers a helping hand, putting the property ladder back within easy reach.

The award-winning housebuilder has launched its EasyBuy scheme** - where buyers can own 100% of their new home but only pay 80% of the price now – at Poole Quarter, a hugely popular development overlooking the sought after area of Sandbanks. Benefitting from a low deposit, first-time buyers can purchase a one bedroom apartment at Poole Quarter from only £124,000 and a two bedroom apartment from £164,000, with the added bonus of modern living just 300 metres from the sea.

Bought through the scheme, the apartments offer new purchasers a taste of luxury at an affordable price, but Crest Nicholson is encouraging homebuyers to act quickly to secure one of the spectacular new homes. Under the EasyBuy incentive there is absolutely no rent to pay or interest accrued on the outstanding 20% of the property’s equity for the first five years. The remaining 20% is left outstanding as a loan for up to 10 years secured by a second mortgage. Homebuyers pay 0% interest fixed on the outstanding 20% for the first 5 years and only 3% interest pa (typical 3.00% APR) thereafter.

Chris Warner, Sales & Marketing Director for Crest Nicholson South, said: “The launch of the EasyBuy scheme at Poole Quarter is a fantastic opportunity for first-time buyers, providing a significant stepping stone to that all important first home purchase. With the sea right on its doorstep and all the local amenities close by, purchasers will find the location hard to resist. We urge prospective buyers to talk to our sales team to find out how they can make the transition to home ownership.”

Poole Quarter’s EasyBuy apartments combine contemporary living with all the essential home comforts and an interior design that offers a high level of specification. The kitchens are fully fitted with brushed steel Bosch appliances including an electric hob and fan oven and the bathrooms incorporate stylish, modern suites. A one bedroom apartment includes a Juliette balcony and an allocated parking space, with a two bedroom property also benefitting from sea views.

Crest Nicholson has also launched a brand new collection of one, two and three bedroom apartments at Poole Quarter. With elegant home features throughout and many apartments including a private terrace or balcony, purchasers can expect superior quality from the impressive new phase at the Poole development.

Poole Quarter is situated in the perfect location for water sports enthusiasts, with sailing, jet-skiing and windsurfing hotspots on its doorstep. Furthermore, the development is close to shopping facilities, restaurants, a leisure complex and is a short distance to the town centre and local train station.

First-time buyers can purchase a one bedroom apartment at Poole Quarter from £155,000 which equates to £124,000 when bought through EasyBuy. A two bedroom apartment can be purchased from £205,000, equating to £164,000. Prices from the new collection start from £173,000 for a one bedroom apartment and £192,000 for a two bedroom apartment. Three bedroom apartments are available from £235,000. For more information, please visit the Sales and Marketing Suite at Poole Quarter which is open daily (10am – 5pm).

* Home Builders Federation 5 August 2010
** EasyBuy is only available on selected properties and is not available in conjunction with any other offer.