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New scheme opens up Aylesbury property market

12th February 2009 Print
New scheme opens up Aylesbury property market HomeBuy Direct is a brand new initiative designed to be a ‘stepping stone’ to home ownership. With the scheme, First-time buyers are able to secure a brand new home at Viridian Square, at just 70% of property’s asking price upfront, making a two bedroom apartment at Viridian Square priced at just £139,950, just an affordable £97,965 with HomeBuy Direct.

Under Homebuy Direct, purchasers will own 100 per cent of their new home from day one and the remaining 30 per cent of the property’s market value is funded by an interest free* “equity loan”, jointly financed by Crest Nicholson and the Government. The equity loan is not repaid for five years or until the property is sold, which ever is sooner. After twelve months, purchasers even have the opportunity to buy some, if not all of the property’s remaining equity at market value.

Pippa Bugby, Sales and Marketing Director, Crest Nicholson (South) Ltd. commented: “HomeBuy Direct will give local buyers an opportunity to secure a home of their own. Allowing them the opportunity to contribute to their own long term investment and future rather than to that of a landlord. Viridian Square is a fantastic scheme that will really open up the market to first time buyers who have been finding it difficult to get the funding required to match property prices in the area.”

Viridian Square is an exciting new development, in the heart of Aylesbury comprising a contemporary collection of one and two bedroom apartments, arranged in six separate buildings around a beautifully landscaped communal garden.

The homes at Viridian Square are fresh and modern, with the apartments featuring open plan living/dining areas and kitchens that are perfectly equipped for convenience and functionality. These come complete with stylish units, co-ordinated laminate worktops and brushed steel Bosch appliances. Meanwhile, the bathrooms contain white sanitaryware by Roca and chrome Hansgrohe mixer taps and fittings, with the two-bedroom apartments also boasting en suite facilities to the master bedroom.

The development is well located within this thriving market town and is within easy reach of a range of amenities including shops, pubs, bars and restaurants. Aylesbury is a town on the move and currently undergoing major redevelopment; future proposals will include opening up the Grand Union Canal to provide the area with a waterside development featuring new shops and public spaces giving the town a dramatic new cultural centre.

Viridian Square is well connected and ideal for those who commute daily; Aylesbury Mainline Station is just a short walk from the development and provides regular and efficient services to London Marylebone in just one hour. Alternatively, the development is well placed for access to both the M40 and M1 motorways.

Prices at Viridian Square start from £134,950 for a two bedroom apartment - which equates to £94,465 when bought using HomeBuy Direct. For more information about HomeBuy Direct at Viridian Square please visit the sales and marketing suite to speak to a sales advisor.

For more information, log on to Crestnicholson.com/viridiansquare.

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New scheme opens up Aylesbury property market