Affordable homes at flagship Torquay development

First time buyers in the region will be thrilled to hear affordable homes at Barratt's Torre Marine development in Torquay could be available for just 50 per cent of the full asking price.

"We've recently secured new funding for our First Time Buyer Initiative scheme," reports Louise Terry, Barratt sales manager. "This joint venture with English Partnership is a government backed initiative which allows first-time buyers and key workers to get their foot on the property ladder.

"People who take advantage of the scheme, secure a mortgage depending on affordability and then Barratt finances the remainder up to a maximum of 50 per cent, with the remainder being paid back after 10 years.

"At Torre Marine, prices for new homes sold through this scheme start from as little as £124,000, making them highly accessible to people who thought they wouldn't be able to purchase their first home," Louise added.

Torre Marine offers a mix of apartments and houses with one, two, three or four bedrooms. Current availability also includes a York style apartment with two double bedrooms priced at £165,000.

Located in the seaside town of Torquay, Torre Marine offers smart, contemporary living in a fabulous residential location. The development nestles away from the tourist traps, yet it is only a 15-minute walk to the beach, marina and town centre. The railway station is also close by.

For further information on current availability log on to Barratthomes.co.uk.