FirstBuy is in hot demand with new homes in Kent
The FirstBuy scheme is attracting plenty of attention from first-time buyers at Taylor Wimpey’s Leybourne Chase development of new homes for sale in West Malling, Kent.
Quick-off-the-mark property-hunters have been wasting no time taking advantage of an amazing helping hand on to the property ladder at Taylor Wimpey’s stunning Leybourne Chase development in West Malling.
The Government-backed FirstBuy scheme has been incredibly popular at this sought-after collection of new homes in West Malling – but there’s still time for lucky first-time buyers to benefit from the fantastic initiative.
Under FirstBuy, selected plots can be secured by qualifying Kent property-seekers for 80% of their full price. That means a two-bedroom ‘Hampstead’ apartment for sale in West Malling priced at £170,000 can be accessed by an eligible first-time buyer for an 80% FirstBuy price of just £136,000 – including a 5% deposit of only £8,500, subject to status.
Alternatively, two-bedroom ‘Lyndhurst’ apartments in West Malling can be purchased from £140,000 through the scheme.
Sarah Pasco, Regional Sales and Marketing Director for Taylor Wimpey, says: “FirstBuy has been a huge success at Leybourne Chase, with savvy first-time buyers quick to take advantage of this fantastic opportunity to secure a new property in West Malling.
“We’ve still got a superb selection of plots available with FirstBuy at Leybourne Chase, but anyone hoping to take advantage of this great initiative is advised 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.
Two-bedroom apartments at Leybourne Chase each feature a spacious open-plan kitchen/dining/living room, an en-suite master bedroom, a further double bedroom and a bathroom off the internal entrance hallway. Selected plots benefit from allocated parking and Juliet or private balconies to living areas.
Alternatively, delightful three-bedroom homes are priced from just £260,000, with impressive four-bedroom properties from only £290,000 and magnificent five-bedroom detached houses from just £490,000.
All new homes at Leybourne Chase are completed to a high standard specification including energy efficient central heating, double glazing and a fitted kitchen with integrated oven, hob and hood.
Enjoying a delightful, semi-rural location on the outskirts of Leybourne village, Leybourne Chase is a highly desirable new community comprising a superb selection of apartments and houses to suit a wide range of buyers.
The development forms part of the Hospital Sites Programme run by the HCA to bring 96 former hospital sites back into productive use. As well as working with Taylor Wimpey to develop the site, the HCA is providing funding to ensure new and affordable homes are available for the local community.
For commuters, West Malling railway station is just over a mile from the development and provides regular services to London Victoria. Maidstone is only seven miles away by road, while there are also quick links to the M20 for central London.
To stand a chance of joining the discerning buyers taking advantage of FirstBuy at Leybourne Chase, property-seekers should visit the Sales Information Centre and showhomes, located off London Road, West Malling, and open daily from 10.30am to 5.30pm.
Details about Taylor Wimpey’s new homes across the region are available by visiting taylorwimpey.co.uk/swt.
