Armed forces personnel offered affordable route into home ownership
If you’re a member of the armed forces who would love a permanent base to call home, then why not consider buying a new home at Taylor Wimpey Exeter’s Acres Edge development in Helston.
Here the house builder has a stunning collection of two, three and four bedroom homes available that would make the perfect first pad.
What’s more, to help make buying your first home more affordable, you may be able to qualify for the Armed Forces Home Ownership Scheme, which is designed to provide extra support to serving personnel who need help with their mortgage.
Those eligible to use the scheme may find they can benefit from an equity loan of between 15-50% of the open market value of the home they wish to buy. This means that if you qualify for a mortgage of £70,000 and have a deposit of £10,000 saved, then you may be able to buy a home worth £155,000 through the scheme.
Janine Davey, regional sales and marketing director for Taylor Wimpey Exeter, said: “We have a number of financial schemes on offer at Acres Edge designed to help first time buyers make the step onto the property ladder. However, the Armed Forces Home Ownership Scheme is exclusively available to serving personnel and could provide the ideal solution to those who would love to buy a home of their own but are struggling to do so. If you’re fed up of living on the base and would like a permanent and secure home for your loved ones why not come down to Acres Edge and take a look around?”
To be eligible for the Armed Forces Home Ownership Scheme you must have between four and six years continuous service and be unable to afford a home of your own. For further information or to apply visit afhos.co.uk.
Acres Edge is set in a popular residential area of Helston and enjoys an envious location close to the golden beaches of Cornwall and the cathedral city of Truro. Currently available is a collection of two bedroom coach houses, priced from £149,995, three bedroom homes, priced from £179,995, and four bedroom homes, priced from £199,995. Many of the available homes benefit from allocated parking and private gardens.
For further information on Acres Edge, visit taylorwimpey.co.uk.