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Help to Buy available at NR1 in Norwich

28th April 2013 Print

Property-seekers in Norwich are being offered a superb opportunity to snap up a stunning new city-centre apartment for less with Taylor Wimpey.

The Government’s Help to Buy shared equity scheme is now available at the leading housebuilder’s sought-after NR1 development, enabling homebuyers to secure a new one-bedroom apartment for just 80% of its full price – including a 5% deposit.

Under this helpful incentive, the Government provides eligible purchasers with up to a 20% loan to help them secure any new-build home priced up to £600,000. Help to Buy shared equity is available to both first-time buyers and those who are looking to move home, and there is no salary cap for customers using the scheme.

At NR1, a stylish one-bedroom ‘Sewell’ apartment can be purchased through Help to Buy for 80% of its full £130,995 price – that’s just £104,796, including a 5% deposit of only £6,550.

Stacy Dornan, Regional Sales and Marketing Director for Taylor Wimpey, says: “The Help to Buy scheme will make a huge difference to a range of would-be homebuyers who can afford the monthly mortgage repayments on a new property, but not the hefty deposit.

“We’ve been receiving a great deal of interest in this exciting initiative since its launch at the beginning of April, so anyone hoping to secure their ideal new home for 80% of its full price at NR1 should contact us without delay.”

The one-bedroom apartments currently on sale at NR1 are ideal for individuals or couples eager to enjoy the benefits of urban living, with each plot featuring a spacious lounge/dining room and open-plan kitchen, a good-sized bedroom, a bathroom and a utility cupboard off the internal entrance hallway.

Sliding patio doors lead from the bedroom and the living area to a private balcony, with selected plots offering attractive river views.

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

As an alternative to Help to Buy shared equity, the Government-backed NewBuy scheme is also available at NR1, offering credit-worthy purchasers the opportunity to secure their ideal home with a 95% mortgage and a 5% deposit. Full details of all homebuyer incentives are available from the Sales Executive.

Superbly located 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 train station is only half a mile away from NR1 with 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.

Homebuyers hoping to take advantage of Help to Buy at NR1 can visit the Sales Information Centre, located in Gavin Bank on Geoffrey Watling Way, Norwich, NR1 1GW, and open daily from 10am to 5pm (1.30pm to 5pm on Mondays). Alternatively, log on to

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