Secure a new Bedford property with just a 5% deposit

Selected properties at Taylor Wimpey’s Woodlands Park development of new homes for sale in Bedford are available with the FirstBuy scheme.

Parents whose grown-up offspring seem reluctant to fly the nest can help their children secure a new home at Taylor Wimpey’s Woodlands Park development of property for sale in Bedford from as little as £10,500*.

With many aspiring buyers struggling to get a foothold on the property ladder, the leading housebuilder is offering a selection of stunning new build homes in Bedford at the development under the fantastic FirstBuy scheme.

By making use of this Government-backed initiative at Woodlands Park, which lets qualifying first-time buyers secure selected houses for sale in Bedford for just 80% of their full price, parents could potentially get rid of the kids by providing only a 5% deposit!

Sue Hamilton, Sales Executive at Woodlands Park, says: “The rising cost of property in Bedford over the past few years, coupled with mortgage providers demanding hefty deposits, has put off many aspiring buyers from making the move into home ownership.

“It’s no surprise, then, that increasing numbers of young people are choosing to enjoy the home comforts at mum and dad’s house for longer – which may work out well for them, but isn’t necessarily as much fun for their parents!

“Thankfully, FirstBuy at Woodlands Park puts that first home within reach of many first-time buyers who may have felt that they could not afford to fly the family nest.”

The FirstBuy scheme works thanks to a 20% joint loan from the Homes and Communities Agency (HCA) and Taylor Wimpey which is repayable at the end of the 25-year mortgage or when the property is sold. To be eligible, first-time buyers should have total household earnings of under £60,000.

For example, the spacious three-bedroom ‘Eleanor’ semi-detached house at Plot 19, can be accessed by qualifying purchasers for 80% of its £210,000 purchase price under FirstBuy – that’s just £168,000 – including a deposit of only £10,500, subject to status.

The focal point of this superb home is its spacious kitchen/dining room opening through French doors to the private rear garden, while a generous lounge and a handy guest cloakroom are also located off the entrance hallway.

Upstairs is the impressive master bedroom with en-suite shower room, plus two further bedrooms and a main bathroom, while outside the property benefits from a garage and additional allocated parking.

First-time buyers interested in securing the ‘Eleanor’ at Plot 19 can experience its space and style by visiting the viewhome which is now open at Woodlands Park.

Alternatively, four-bedroom houses are priced from as little as £230,000 at Woodlands Park, while five-bedroom detached properties are priced from £359,995.

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

Woodlands Park is conveniently situated for the very best of both town and country. Just over a mile from Bedford town centre, home to shops, bars and restaurants catering for all tastes, it is also surrounded by peaceful countryside and woodland.

For commuters, Bedford station offers mainline links to London St Pancras while the M1 and the A1 are each only a short drive away.

To find out more about FirstBuy at Woodlands Park, visit taylorwimpey.co.uk.