Teachers urged to swot up on Riverside properties

Teachers on the lookout for a new home after joining schools around Bath can take advantage of the Government’s Help to Buy initiative and secure a new property at the stylish Bath Riverside development - without any deposit.

The new scheme has received the backing of developer Crest Nicholson, which believes the popular scheme could bring a new home within reach of a new generation of teaching staff.

Backed by a special e-shot for teachers outlining details of the scheme, Crest Nicholson sales and marketing director Susan Young is advising teachers to take a look at what’s available before the start of the new school year.

Susan said: “It’s clear the Help to Buy initiative has brought home ownership back within reach of many people including teachers.

“Bath Riverside is ideally situated near the centre of town and offers a straightforward commute to more than a dozen schools – so it really could make the ideal base for a new teacher taking up a position locally.

“Using the Help to Buy incentive, buyers can take a conventional mortgage for 80 per cent of the purchase price with the remaining 20 per cent provided by the Government as an equity loan that's interest free for five years.

“In other words, they will not need the deposit which has proved such a sticking point for many people.”

Bath Riverside is a stylish collection of apartments located in the heart of Bath with Royal Victoria Park, Queen Square and the city’s vibrant mix of shops and restaurants within a short walking distance.

Susan concluded: “Crest Riverside is the leading residential development in Bath and has transformed the western riverfront into a vibrant and contemporary social hub.

“With so many new teachers graduating from Bath Spa University and looking for posts locally, we believe this scheme could play a significant role in providing accommodation not just for next term but for the initial stages of their careers.

“Whether you are a first time buyer or looking to move to a new home from your existing property, Help to Buy is providing an exciting opportunity not to be missed.”

This development of new apartments in Bath offers high quality studio, one, two, three-bedroom apartments and penthouses.

Set on the banks of the River Avon, these new apartments in Bath are one of the very few residential developments that enjoys direct access to the riverside.

For further information, visit bathriverside.co.uk. The marketing suite on Victoria Bridge Road is open daily from 10 am to 5pm.