Secure new homes in Coventry with just a 5% deposit
Taylor Wimpey is urging aspiring homeowners to hurry if they hope to take advantage of the FirstBuy scheme at The Boulevard, the leading housebuilder’s sought-after development of property for sale in Coventry.
First-time buyers can secure their pick of a stunning selection of new homes for sale in Coventry with just a 5% deposit at Taylor Wimpey’s The Boulevard development.
The Government-backed FirstBuy initiative offers qualifying purchasers the opportunity to access selected three and four-bedroom houses for sale in Coventry for as little as 80% of their full purchase price, including a 5% deposit as low as £7,500, subject to status.
With the typical deposit required for an 80% mortgage now £30,000, this superb scheme gives first-time buyers the chance to find their perfect property to buy in Coventry for a great-value price.
Jan Titley, Regional Sales and Marketing Director for Taylor Wimpey, says: “FirstBuy is making a real difference for many aspiring homebuyers in search of new build homes in Coventry who are keen to leave the uncertainties and expenses of renting behind for life in their very own property.
“This exceptional scheme means there’s no longer the need to spend years saving for a hefty deposit – making moving into a brand new Coventry property at The Boulevard an option that is open to even more first-time buyers.”
Under FirstBuy, Taylor Wimpey and the Homes and Communities Agency (HCA) boost the purchaser’s down-payment with a joint loan of 20%, which takes away the need for a hefty deposit and is repayable at the end of the 25-year mortgage term or when the property is sold. To be eligible, customers must be first-time buyers with a household income below £60,000.
A selection of three-bedroom houses is available at The Boulevard priced from £149,995 – or an 80% price of £119,996 under FirstBuy, and the four-bedroom ‘Dunsmore’, priced £176,995, is available for an 80% FirstBuy price of just £141,596.
All homes at The Boulevard are completed to a high standard specification, including energy efficient central heating, double glazing and a fitted kitchen with integrated oven, hob and hood.
The Boulevard is the exciting second phase of Taylor Wimpey’s regeneration of the former Peugeot plant in Humber Road, Stoke, part of the £200 million, 1,400-home Dominion Plaza scheme in the emerging New Stoke Village.
The development comprises 142 stunning one and two-bedroom apartments plus two, three and four-bedroom houses, and has been carefully designed to foster a true sense of community, with discreet parking, attractive crescents and tree-lined avenues creating a pleasant environment for all.
Homes at The Boulevard benefit from a range of everyday amenities on the doorstep, and Coventry city centre is within easy reach for a host of shopping, leisure, sports and entertainment opportunities.
The development also benefits from excellent transport links, with Junction 2 of the M6 less than five miles away and Coventry railway station, which operates regular services to London Euston in around an hour and to Birmingham in under 30 minutes, only two miles from home.
First-time buyers hoping to secure a new home at The Boulevard with a 5% deposit can find out more by visiting taylorwimpey.co.uk.
