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A deal to suit everyone at Canal Reach

13th April 2012 Print
Canal Reach Development

Homebuyers in Hinckley looking to get on or move up the property ladder should take advantage of one of the latest schemes available at Crest Nicholson’s Canal Reach development.

Amanda Benjamin, Senior Sales Manager for Crest Nicholson, said: “We really want home buyers to realise how we can help them secure their ideal home whether they are a professional couple wanting to purchase their first property, a young family wanting to move up the property ladder with room to grow or an older couple wanting space for the grandchildren to stay.

“We have a range of schemes in place at our Canal Reach development to make buying a house as easy and affordable as possible. From our Part Exchange Scheme, to the Government’s Newbuy Scheme which requires just a 5% deposit, and the chance to have your Stamp Duty paid, all the incentives are designed to help meet the varying needs of today’s purchasers. We would urge potential buyers to come and visit us today to see the properties available and find out how we can help them land their perfect home.”

Crest Nicholson’s Part Exchange Scheme helps people move up the property ladder by removing the pressure of having to find a buyer for their existing house. As part of the scheme, Crest Nicholson acts as an immediate cash buyer for the customer’s home, with independent valuations ensuring they receive market value. This can give homebuyers extra piece of mind by removing complicated chain delays and breakdowns, often significantly reducing the time it takes to move into their dream home.

At Canal Reach homebuyers can purchase a four bedroom Mayford house type using Crest Nicholson’s Part Exchange Scheme for just £203,950. The Mayford offers an open plan kitchen dinning space with a good sized living room and French doors out to the garden. The master bedroom features an en-suite bathroom, and there is also a family bathroom for the further three bedrooms.

Unlike previous schemes, the Government’s NewBuy scheme is aimed not just at first-time buyers but also at existing homeowners who are unable to find the high levels of deposit required by many mortgage lenders. With the scheme, purchasers need only provide a 5% deposit with the lenders participating in the scheme providing a 90% - 95% loan to value mortgage. Crest Nicholson is participating in this scheme and NewBuy is available on all of the properties currently available at Canal Reach for buyers meeting the mortgage lenders’ qualifying criteria.

Potential buyers can also benefit from Crest Nicholson’s Stamp Duty incentive on selected homes at Canal Reach, whereby Stamp Duty on properties under £250,000 is paid for by Crest as opposed to the homebuyer. Homebuyers could benefit from this scheme on all house types at Canal Reach including the spacious five bedroom Kingswood which is available at £249,950.

Canal Reach is perfectly located for a range of homebuyers, whether it is families looking to be close to good schools and open space, or first time buyers wanting easy access to the town centre. The development is in close proximity to the canal, as well as good transport links for those who work in Coventry and Nuneaton.

To find out more about Crest Nicholson’s Canal Reach development in Hinckley, please call into the on-site sales office which is open from 10:00am to 5:00pm or visit crestnicholson.com.

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Canal Reach Development