A brand new apartment for under £120k in Wallington

While the Government's plans to allow first-time buyers to take advantage of shared equity may still be some months away, George Wimpey is offering homebuyers the opportunity to use the innovative scheme to buy their new home now.

‘Easy Start' means customers at Inspire, the leading housebuilder's development in Wallington, Surrey, need only take out a mortgage on 75% of the purchase price of their new home, with no deposit needed.

George Wimpey then provides a rent and interest-free loan on the remaining 25% of the purchase price for up to ten years.

"Easy Start is aimed at first-time buyers and those looking for a more affordable mortgage option," says Tim Betts, Regional Sales and Marketing Director.

"Through this scheme they can take out a mortgage on a much-reduced amount, and pay off the interest-free loan in up to three installments stretching over the next decade."

The scheme is available on a range of one, two and three-bedroom homes at Inspire, start from £119,996.

Just one of the designs available now features a spacious open-plan living/dining room with adjoining kitchen and two well-proportioned bedrooms. This ‘Cheshire Court' design benefits from a bathroom which can be used either as an en-suite to the master bedroom or as a shared bathroom.

Like all new homes at the development, the apartments enjoy a high standard specification including central heating, double glazing and a fitted kitchen with stainless steel oven, hob and hood.

Ideally located in the town of Wallington, just 10 miles from Charing Cross, homes at Inspire are perfect for commuters and those who want to be within easy reach of city life.

Wallington itself boasts a fine array of shops, cafes, bars and restaurants, a range of sports facilities and a cinema. The M23 and M25 are just a short drive from the development.

To find out more, log on to Georgewimpey.co.uk.