Secure a new property in Essex with a 5% deposit
First-time buyers are being urged to hurry if they want to secure their dream property under FirstBuy at Peninsula, Taylor Wimpey’s sought-after development of new homes in Dovercourt, Essex.
There’s a limited selection of one and two-bedroom apartments and starter homes for sale in Dovercourt through the Government-backed incentive, which lets qualifying first-time buyers secure their new home for just 80% of its full price.
Subject to status, FirstBuy customers require only a 5% deposit to purchase a Taylor Wimpey home in Dovercourt, with the leading housebuilder and the Homes and Communities Agency (HCA) providing a 20% equity loan which is repayable at the end of the 25-year mortgage term or when the property is sold.
Under FirstBuy, a stylish one-bedroom ‘Maldon’ apartment in Dovercourt, for example, is available to an eligible first-time buyer for 80% of its £92,995 purchase price – that’s just £74,396, including a 5% deposit of only £4,650.
Stacy Dornan, Regional Sales and Marketing Director for Taylor Wimpey, says: “For anyone who feels like they’re stuck in a rental rut, FirstBuy offers a genuinely affordable route to secure a new property in Dovercourt.
“But with only a limited selection of properties available under this fantastic scheme, would-be homeowners should hurry along to our development in Dovercourt to find out more – because once they’re gone, they’re gone!”
Alongside the one-bedroom ‘Maldon’ apartment, selected two bedroom apartments and starter homes are available under FirstBuy at Peninsula, with prices starting at £103,995 (80% FirstBuy prices from just £83,196).
To qualify for FirstBuy, purchasers must be first-time buyers with a combined household income below £60,000. Full details of the scheme, including terms and conditions, are available from the Sales Executive.
Peninsula offers homebuyers an enviable lifestyle close to Blue Flag beaches, a wealth of restaurants, bars and cafes, a weekly market and monthly farmers’ market plus a great choice of shops, including an Asda supermarket on the doorstep.
In addition to windsurfing and a wide range of watersports, Dovercourt Leisure Centre in Low Road offers a swimming pool and solarium, fitness suite and floodlit pitch, while there are also local facilities for football, rugby, cricket and tennis.
Walking trails provide the chance to explore the nearby woodlands and meadows, while the country lanes and shoreline also make for perfect cycling, and the National Cycle Network runs from Harwich to Manningtree.
Commuters will appreciate that Dovercourt Railway Station is only half a mile from home, offering regular services to Colchester in 30 minutes, Chelmsford in 60 minutes, and London Liverpool Street in 90 minutes. Road links are also excellent, with the A120 to Colchester close by, and Stansted Airport only 50 miles away.
For further information, visit taylorwimpey.co.uk/eastanglia.
