Snap up a property in Colchester with a 5% deposit
A fresh collection of stylish new homes in Colchester can be accessed by would-be buyers under the FirstBuy scheme at a choice of three Taylor Wimpey developments.
Aspiring homebuyers are being offered the chance to snap up a stunning brand new home for less at three sought-after Taylor Wimpey developments of properties in Colchester – but they will have to be quick!
There’s a limited allocation of new homes for sale in Colchester now available with the FirstBuy scheme at Blenheim Park, The Quarters and Praecedo, offering would-be movers a chance to secure selected plots for 80% of their full price.
For example, one homebuyer who moves quick enough to take advantage of this popular incentive could purchase a two-bedroom ‘Almond’ property in Colchester at Blenheim Park for an 80% FirstBuy Price of just £107,996 (full price £134,995) – including a 5% deposit of only £5,399, subject to status.
FirstBuy is available on a variety of houses and apartments in Colchester at the three developments, providing a wealth of choice for individuals, couples or young families in search of an easy route into home-ownership. Interest in the scheme is expected to be high, so prospective purchasers are being urged to hurry if they want to secure one of Taylor Wimpey’s new homes to buy in Colchester under FirstBuy.
Michael O’Leary, Sales and Marketing Director for Taylor Wimpey Essex, says: “Eligible homebuyers can eliminate the need to potentially spend years saving a hefty deposit and gain access to a wider range of affordable mortgages when they secure their ideal Taylor Wimpey home in Colchester with FirstBuy.
“There’s only a strictly limited number of properties available at Blenheim Park, The Quarters and Praecedo with this superb scheme, so I’d advise anyone looking for an easier way to achieve their dreams of home-ownership to contact us as soon as possible!”
FirstBuy works through a joint loan of 20% from the Homes and Communities Agency 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 not already own a home and their total household earnings should be less than £60,000.
To find out more about FirstBuy availability, visit taylorwimpey.co.uk/eastlondon.
