Secure a new home in Canterbury with a 5% deposit

Kent property-hunters looking for their first home can secure an apartment with just a 5% deposit at Millers Court, Taylor Wimpey’s development of flats for sale in Canterbury.

First-time buyers will need to hurry if they’re to take advantage of a fantastic helping hand onto the property ladder at Millers Court, Taylor Wimpey’s development of new homes for sale in Canterbury.

The final few apartments for sale in Canterbury available with the fantastic Government-backed FirstBuy initiative are now for sale at Millers Court and will make a perfect first home for fast-moving eligible first-time buyers.

Under the FirstBuy scheme, the spacious Plot 5 two-bedroom ‘Bay Court’ apartment for example can be accessed by a qualifying purchaser for 80% of its £159,750 purchase price – that’s just £127,800 – including a deposit of as little as £7,988, subject to status.

However, this rare opportunity is unlikely to be available for long, with FirstBuy now on offer at very few new homes developments in Canterbury and discerning purchasers always quick to take advantage of this incredible scheme.

Jason Stokes, Regional Sales and Marketing Director for Taylor Wimpey South East, says: “Millers Court is proving incredibly popular with a wide range of buyers, and this is the last chance to secure a Canterbury property with FirstBuy at this stunning development.

“FirstBuy offers a fantastic leg-up onto the property ladders for first-time buyers who would otherwise face years of saving for a hefty deposit, so it’s no surprise that savvy buyers have been quick to snap up the new flats for sale in Canterbury available with the scheme.

“I’d therefore urge anyone still hoping to take advantage of FirstBuy to get in quick before someone else beats them to it!”

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.

The Plot 5 ‘Bay Court’ apartment features a large lounge/dining room with an attractive bay window and a stylish open-plan kitchen, plus two bedrooms and a separate bathroom, while outside, there’s allocated parking.

All homes at Millers Court benefit from a high standard specification including a fitted kitchen with built-in oven, hob and hood, central heating and double glazing.

There is also secure shared cycle storage on the ground floor of the three-storey ‘Bay Court’ apartment building, and selected apartments include Juliet balconies or en-suite bathrooms to master bedrooms.

Alternatively, three-bedroom properties at Millers Court are priced from just £225,000, and four-bedroom townhouses from only £262,500.

Millers Court is located close to the heart of the vibrant and picturesque city of Canterbury, which boasts more than 320 shops as well as a wealth of bars and restaurants, cinemas and theatres. The development is also within easy reach of an abundance of schools for all ages.

Commuters will appreciate that Canterbury is close to major road links and within easy reach of the City. The development lies just nine miles from the M2, about 16 miles from the M20 and under a mile from Canterbury East station, while Ashford International station is only 17 miles away, with journey times to London St Pancras just 38 minutes.

Canterbury is steeped in history with the city’s skyline dominated by the stunning cathedral, the oldest in England. The ancient ruins of St Augustine’s Abbey and St Martin’s Church form Canterbury’s UNESCO World Heritage Site.

Much of the surrounding countryside is an Area of Outstanding Natural Beauty. The beautiful north Kent coast is only a short drive away, with the artistic town of Whitstable – famed for its oysters – and the traditional seaside magic of Herne Bay both popular destinations for days out.

For further information, visit taylorwimpey.co.uk.