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Secure a new townhouse for less with Help To Buy at Praecedo

5th July 2013 Print
Praecedo development

Home-hunters have the opportunity to step on – or up – the property ladder for less at Taylor Wimpey’s Praecedo development in Colchester.

The Government’s popular Help to Buy shared equity scheme is available now at this sought-after development, enabling first-time buyers and those looking to move home to purchase their new property for 80% of its full price, including a 5% deposit.

The fabulous three-bedroom ‘Hamilton’, priced from just £199,995, is just one of the high-quality homes available now with the Help to Buy incentive at Praecedo.

Michael O’Leary, Regional Sales and Marketing Director for Taylor Wimpey, says: “Help to Buy is the perfect solution for would-be buyers who are struggling to step on or up the property ladder.

“This superb scheme makes it possible to secure a family-size home for less at Praecedo and then enjoy the benefits of lower monthly mortgage repayments – and life in a spacious townhouse in this wonderful location!”

The ‘Hamilton’ features a large open-plan living/dining room opening through French doors to the private rear garden, plus a contemporary kitchen and a guest cloakroom off the entrance hallway.

Upstairs, the first-floor landing leads to two well-proportioned bedrooms and a main bathroom, an en-suite master bedroom enjoys appealing seclusion on the top floor, while there’s also allocated parking outside.

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

The Help to Buy shared equity scheme involves a Government loan of up to 20% and is available on all new-build properties up to the value of £600,000. There is no salary cap for purchasers using the scheme.

Praecedo – which means to surpass or excel in Latin, in a nod to Colchester’s famous Roman heritage – is a collection of high-quality properties in a well-connected yet peaceful location overlooking the cricket ground in Mersea Road, with the tranquil open space of Abbey Field beyond.

The development’s convenient location offers huge appeal for those who work locally and who enjoy being within easy reach of a wide range of leisure pursuits, including pubs, restaurants and sports facilities. A choice of schools for children of all ages is also close by, as are two universities.

Colchester is a vibrant town with a fascinating history. From the old weavers’ cottages in the charming Dutch Quarter, the historic Castle Museum and Castle Park, to art galleries and cutting-edge exhibitions as well as an eclectic selection of shops, bars and restaurants, there is something for everyone.

Commuters will appreciate good rail and road links to Chelmsford, Brentwood and London as well as to Ipswich, Bury St Edmunds, Cambridge and the Midlands. Colchester Town railway station is located just a short walk from home for regular services to London Liverpool Street.

To stand a chance of securing the ‘Hamilton’ with Help to Buy at Praecedo, homebuyers should visit the Sales and Marketing Suite, located off Mersea Road, Colchester, CO2 7TB, and open Thursday to Monday from 10am to 5.30pm.

Further information on Taylor Wimpey developments across the region is available by visiting taylorwimpey.co.uk/eastlondon.

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Praecedo development