Crest Nicholson offers buyers stability with fixed rate mortgage deal

Crest Nicholson is offering new home buyers a chance of financial security with a new Mortgage Scheme* set to help struggling purchasers in today’s market. The housebuilder has access to a competitive low fixed rate mortgage option, in addition to its current portfolio of incentives, for a limited time only.

The Mortgage Scheme offers purchasers a sought after and competitive fixed rate mortgage of 5.99% for three years, ideal for families, first time buyers or those looking to downsize in the current market on a first come, first served basis.

The Mortgage Scheme will be available at Abbots Croft, Crest Nicholson’s latest development in the area.

Mark Vanson, Sales and Marketing Director at Crest Nicholson (South) commented: “We are offering buyers a unique competitive deal in the current market when many lenders are tightening their criteria. With many homeowners coming to the end of their fixed rate deals who might be concerned at the prospect of having to pay higher rates when moving home, our new Mortgage Scheme is ideal for offering security and certainty in coming months and will prove to be a lifeline for many when there are no signs of any future base rate cuts.

“With typical mortgage rates at 7.3% being offered, purchasers can look to save £1,632 a year or £136 per month by taking up our fixed rate offer at 5.99%, based on the average two-bedroom apartment price of £215,000 and four-bedroom townhouse of £350,000**.

“The Mortgage Scheme is only available for a very limited period, so I would urge purchasers to hurry and secure financial peace of mind for the next three years.”

Abbots Croft is ideally located between Chertsey and Weybridge, and comprises a selection of 1, 2, 3 and even 4 bedroom homes which are appealing to both families and younger buyers alike. Potential purchasers are attracted by the development’s prime location, within easy reach of the wealth of local amenities and stylish boutiques, cafés, bars and restaurants that define the heart of the area.

The homes, all with allocated private parking, have been constructed around a landscaped, informal play area, with the 3 and 4 bedroom houses all boasting private new gardens. Inside, the rooms have a fresh and contemporary feel, featuring flexible living areas that really maximise the use of light and space.

Prices at Abbots Croft start from £174,950 for a one bedroom apartment and two bedroom apartments cost from £215,000. Also available are a range of 3/4 bed houses from £359,950.

Crest Nicholson is also offering a range of additional incentive packages, for more information log on to Crestnicholson.com.

* Subject to status and Crest Nicholson’s terms and conditions.
** Halifax average house price index. Savings have been calculated on a 25 year mortgage based on 90% Loan-To-Value.