Slough proves a draw for buyers

Linden Homes is offering two contrasting homebuyer deals at its Vitae development in Slough, which has attracted increasing interest from first-time buyers and investors looking to take advantage of some of the most competitive prices available in Berkshire and the wider London commuter-belt.

There are just three homes remaining for sale at Vitae, following a rush of buyers looking to snatch the best deals while they are still available.

For first-time buyers and young professionals, Linden is offering its leading ‘Easy Start’ shared equity scheme, which allows people to buy a spacious two or three bedroom apartment at the conveniently located development, for as little as £138,750 – 75% of the full purchase price.

For investors tempted by the current low prices and competitive mortgage rates available, Linden is offering an assured rental scheme on ready-furnished apartments at Vitae, guaranteeing an attractive rental return for a hassle-free, hands-off investment.
Nick Champness, Sales & Marketing Director of Linden Homes Chiltern, comments:

“Homebuyers are now actively seeking out the best property deals, with many people looking to seize their opportunity to enter the market while prices and interest rates remain at competitively low levels.

“The schemes on offer at Vitae have attracted the attention of buyers looking for a property bargain in the Slough area – both local residents and those looking for an investment opportunity offering excellent value-for-money within commuting distance of Central London.”

Linden Homes ‘Easy Start’:

Linden Homes loans the customer 25% of the purchase price, allowing them to secure a mortgage on just 75% of the full value of the property. The loan period is up to ten years, with the first three years interest free – interest for the remaining years is charged at 3%. The value of Linden’s share in the home increases/decreases in line with the market value of the property.

Linden Homes Assured Rental:

Buy-to-let investors at Vitae will receive a guaranteed monthly rental income for two years - £850 per month for two bedroom and £950 per month for three bedroom apartments. The homes will be managed by local agents at no extra cost to the owner, and come complete with a full furniture package, allowing a hands-off, hassle free investment.

All apartments at Vitae are extremely spacious and designed to a high contemporary standard. All homes have their own personal terrace and allocated parking space.

The development is situated in the heart of Slough, just off-the high street and within a few minutes walk of the train station, where commuters can travel direct into London Paddington in under 20 minutes. All local amenities are right on the doorstep, including the town’s central shops, bars and restaurants, as well as the Tesco superstore and multiplex cinema.

Prices for two bedroom apartments at Vitae currently start at £185,000 (£138,750 under the Easy Start scheme). Three bedroom homes are priced from £202,000 (£151,500).

Visit lindenhomes.co.uk for further details.