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Secure a new home in King’s Lynn for 80% of the price

7th October 2012 Print
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The FirstBuy scheme gives aspiring Norfolk property owners the chance to purchase their dream home for less at Taylor Wimpey’s Kings Reach development of houses for sale in King’s Lynn.

Home-hunters hoping to step on the property ladder in style can take advantage of a fantastic opportunity to own a beautiful three-bedroom house at Kings Reach, Taylor Wimpey’s stunning development of new homes for sale in King’s Lynn, Norfolk.

Selected plots at this popular Taylor Wimpey Norfolk development are available under the Government-backed FirstBuy initiative, which means they can be accessed for just 80% of their full purchase price by qualifying first-time buyers.

The three-bedroom Plot 407 ‘Charleston’ terraced property for sale in King’s Lynn, priced at just £139,995, is just one of the high-quality homes available under FirstBuy at Kings Reach. One lucky purchaser in search of new build homes in Norfolk can secure this property for just £111,996, including a 5% deposit, subject to status – that’s as little as £7,000.

Stacy Dornan, Regional Sales and Marketing Director for Taylor Wimpey, says: “FirstBuy is the perfect solution for purchasers who are struggling to save a large enough deposit for their first property in King’s Lynn and means they can move much sooner than they might have thought possible.

“However, demand is particularly high for family-size properties to buy in King’s Lynn with FirstBuy – such as the gorgeous ‘Charleston’ terraced home – so I’d stress they should act quickly and contact us without delay to avoid missing out.”

The ‘Charleston’ property at the Taylor Wimpey King’s Lynn development features a large living room with attractive bay window and a spacious kitchen/dining room, which both open through French doors to the private rear garden, plus a handy guest cloakroom located off the entrance hallway.

Upstairs, the landing leads to an en-suite master bedroom, two further bedrooms and main bathroom, while outside, the property benefits from two allocated parking spaces.

There’s an alternative choice of three-bedroom house designs available to reserve at Kings Reach from £139,995, as well as stylish one-bedroom apartments from £79,995.

All homes at the development are completed to a high standard specification, including energy efficient central heating, double glazing and a fitted kitchen with integrated oven, hob and hood.

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.

Situated on the outskirts of King’s Lynn and close to a stunning Fenland landscape, Kings Reach offers homebuyers a tranquil location that is only minutes from a choice of shops, pubs, leisure facilities and places to eat.

For commuters, the A10 and A47 are both within a few minutes’ drive, while the cities of Peterborough and Norwich, as well as the beautiful north Norfolk coast, can all be easily reached by road.

To stand a chance of securing a home under FirstBuy at Kings Reach, property-seekers should visit the Sales Information Centre, located off Anthony Nolan Road, King’s Lynn, and open Tuesday to Sunday from 10am to 5pm and Mondays from 1.30pm to 5pm. Alternatively, log on to taylorwimpey.co.uk/eastanglia.

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