Escape the rental race with Taylor Wimpey in Portsmouth

First time home buyers in Portsmouth would be financially better off buying a property rather than renting, says leading home builder Taylor Wimpey Southern Counties.

According to Taylor Wimpey, rent for a one bedroom apartment in Portsmouth would cost approximately £550 per calendar month (subject to market conditions). However, when buying one of the stunning apartments at The Tower, Taylor Wimpey’s Alver Village development in Gosport, you could pay as little as £361 in monthly mortgage repayments for a similar sized apartment, which is a saving of £189 per month.

Fiona Creed, regional sales and marketing director for Taylor Wimpey Southern Counties, states: “There’s no feeling like owning your own home, investing in bricks and mortar rather than lining a landlord’s pockets is extremely satisfying. It will therefore come as welcome news to many first time buyers that it is actually cheaper to buy with us at Alver Village than rent in the area.”

The stunning new one and two bedroom apartments are already proving popular with first time buyers and home movers and with prices starting from as little as £105,000, it’s easy to see why.

Fiona concludes: “Our home buyers really do have the best of both worlds, not only are they enjoying living in a beautiful brand new apartment at our Gosport development, but they are also safe in the knowledge that owning their own home is actually the most cost effective option. It’s a win, win situation.

“In fact, with so much interest in our apartments, demand from first time buyers has never been greater at our Alver Village development. Therefore I’d urge those interested in buying their own home to visit our development sooner rather than later.”

Alver Village is situated in Gosport, which has an abundance of high street shopping, interesting museums and water sport activities. The town neighbours Lee-on-the-Solent and is conveniently located just a short ferry ride away from the city of Portsmouth. Alternatively, the M27 offers commuters easy access to Southampton, where the nearest airport is located.

For further information on the homes and financial schemes available at Alver Village visit the marketing suite, open Tuesday to Sunday 10am until 5pm and Monday 1pm until 5pm. Alternatively log on to taylorwimpey.co.uk/alver.