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Secure a new apartment in Norwich with a 5% deposit

8th October 2012 Print
NR1

Taylor Wimpey is urging would-be homeowners to take advantage of the FirstBuy initiative at its NR1 development of property for sale in Norwich city centre.

First-time buyers have a superb opportunity to secure their choice of stylish apartments with an affordable deposit at NR1, Taylor Wimpey’s desirable city-centre development of new homes for sale in Norwich.

The FirstBuy scheme is available at this sought-after Taylor Wimpey Norwich development, offering qualifying customers the chance to purchase selected one-bedroom apartments for only 80% of their full price, including a 5% deposit as low as £6,250.

Stacy Dornan, Regional Sales and Marketing Director for Taylor Wimpey, says: “Saving up a hefty deposit is often the biggest obstacle facing first-time buyers trying to step on the property ladder – but thanks to FirstBuy, there’s an easier way to purchase apartments for sale in Norwich.

“Anyone hoping to secure their place at NR1 by making just a 5% down payment on one of our fabulous flats to buy in Norwich should visit our Sales Information Centre before all our FirstBuy properties get snapped up!”

Under FirstBuy, a one-bedroom ‘Sewell’ apartment can be secured by a qualifying first-time buyer in search of flats for sale in Norwich for 80% of its £124,995 full price – that’s just £99,995, including a 5% deposit of only £6,250.

High-quality Norwich apartments at NR1 each feature a spacious open-plan lounge/kitchen/dining room, good-sized bedrooms and a bathroom off the internal entrance hallway, whilst also benefitting from attractive private balconies with access from both the living area and bedroom.

FirstBuy works through a joint loan of 20% from the Homes and Communities Agency (HCA) and Taylor Wimpey, which 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.

Superbly located in landscaped surroundings and appointed to present fantastic views over the River Wensum, NR1 offers city living at its best.

The Riverside leisure and entertainment complex is right on the doorstep and Norwich’s main shopping district is just a short walk away, with the home of Premier League football club Norwich City only a stone’s throw from the development.

Home to the renowned University of East Anglia, the city also has a thriving cultural scene, with several theatres as well as arts and live music venues.

For commuters, Norwich station is only half a mile away from NR1 for frequent services to London, Peterborough, Cambridge and the seaside towns of Great Yarmouth, Lowestoft and Sheringham, while the A47, A11 and A140 provide excellent road routes north, south, east and west.

First-time buyers can find out more about securing a new apartment at NR1 with FirstBuy by visiting the Sales Information Centre, located Geoffrey Watling Way, Norwich, NR1 1GW, and open Thursday 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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NR1