Secure a new apartment with a 5% deposit at Kings Reach
Property-seekers have an exciting opportunity to snap up a stylish new apartment with an affordable deposit at Taylor Wimpey’s Kings Reach development in Kings Lynn, Norfolk.
The Government’s Help to Buy initiative offers first-time buyers and those looking to move home the chance to secure a stunning one or two-bedroom apartment from this sought-after collection for just 80% of its full price, including a 5% deposit.
With prices starting at just £78,495 for apartments at Kings Reach, the sensational scheme means eligible customers could become the owners of an exceptional new home with a deposit as low as £3,924!
Stacy Dornan, Regional Sales and Marketing Director for Taylor Wimpey, says: “Many would-be buyers previously found that coming up with a hefty deposit was the biggest obstacle between them and their dream home – but all that has changed thanks to Help to Buy.
“There has been plenty of interest in this amazing incentive since its introduction in April, so anyone hoping to secure a new apartment at Kings Reach with a 5% deposit should contact us as soon as they can!”
Under Help to Buy, a Government loan of up to 20% is provided for new-build properties up to the value of £600,000, meaning the purchaser only requires a 75% loan-to-value mortgage and a 5% deposit. There is no salary cap for customers using the scheme and it is available to both first-time buyers and existing homeowners looking to move.
A one-bedroom ‘Blakeney’ apartment, priced £78,495, for example, can be secured for an 80% Help to Buy price of just £62,796, including a 5% deposit of only £3,925.
Meanwhile, customers could take advantage of Help to Buy to snap up a two-bedroom ‘Bure’ apartment for 80% of its £95,995 full price – that’s just £76,796, including a 5% deposit of £4,800.
Each high-quality new apartment at Kings Reach features a contemporary open-plan kitchen/dining/living room, good-sized bedrooms and a main bathroom, with allocated parking located outside. Selected plots also benefit from attractive Juliet balconies to living areas.
Situated on the outskirts of King’s Lynn and close to a stunning Fenland landscape, Kings Reach offers homebuyers a tranquil location that is only minutes from a choice of shops, pubs, leisure facilities and places to eat.
For commuters, the A10 and A47 are both within a few minutes’ drive, while the cities of Peterborough and Norwich, as well as the beautiful north Norfolk coast, can all be easily reached by road.
To find out more about securing a stylish apartment with an affordable deposit at Kings Reach, property-seekers should visit the Sales Information Centre, located off Anthony Nolan Road, Kings Lynn, PE30 4GU, and open daily from 10am to 5pm (Mondays from 1.30pm to 5pm). Alternatively, log on to taylorwimpey.co.uk/eastanglia.
