New homes in Suffolk now available with FirstBuy
Taylor Wimpey is offering Suffolk property-seekers a great chance to purchase their first home through the FirstBuy scheme at its Concept development of new homes for sale in Red Lodge, near Newmarket.
Fast-moving first-time buyers can get help to step on the property ladder with the Government’s new FirstBuy scheme at Concept, Taylor Wimpey’s popular development of property for sale in Red Lodge, Suffolk.
This fantastic initiative lets qualifying purchasers secure selected new property for sale in Suffolk for as little as 80% of the full purchase price, including a 75% mortgage and a 5% deposit, subject to status.
Under FirstBuy in Suffolk, for example, a stylish two-bedroom apartment at Concept can be accessed by an eligible first-time buyer for 80% of its £104,995 price tag – that’s just £83,996.
Stacy Dornan, Regional Sales and Marketing Director for Taylor Wimpey, says: “We’re delighted to announce that the Government’s FirstBuy scheme is now available with selected new homes for sale in Suffolk at Concept, offering local first-time buyers a unique opportunity to leave renting behind and step on to the property ladder in style.
“Taylor Wimpey Suffolk has already experienced considerable interest in this fantastic initiative and availability is strictly limited, so I would stress to anyone interested in taking advantage of the offer that they must be quick to avoid missing out.”
Ideal for individuals, couples or young families, a selection of two-bedroom apartments for sale in Suffolk is currently available to reserve with FirstBuy at Concept, priced from just £104,995.
Each of these spacious homes features an open-plan living/dining room and a contemporary fitted kitchen, plus two-well proportioned bedrooms, one with en-suite facilities, a main bathroom and a handy storage closet.
Outside, the property benefits from allocated parking and access to a beautiful communal garden.
FirstBuy works through a joint loan of 20% from the Homes and Communities Agency (HCA) and Taylor Wimpey, which means that eligible purchasers only need put down a 5% deposit and obtain a 75% loan-to-value mortgage.
The loan is repayable at the end of the 25-year mortgage term or when the property is sold. To be eligible, purchasers must be first-time buyers and their total household earnings should be less than £60,000.
Red Lodge enjoys the best of both town and country living, with Suffolk’s idyllic heathland on the doorstep and great transport links to Cambridge, Newmarket, Ely and Bury St Edmunds.
For commuters, Kennett railway station is just three miles from the development, offering a regular direct rail service to Cambridge in 30 minutes, while the A11 is only a short drive away for quick links to the A14, Newmarket and Mildenhall.
The nearby towns offer a wide choice of schools, shops, restaurants, bars and leisure facilities, and less than 15 miles away is Thetford Forest Park – a great setting for walking, cycling, riding and picnics.
For further information, visit taylorwimpey.co.uk.