First time buyer apartments from below the stamp duty threshold

Advice will be on hand next weekend (May 10/11) at an event for first time buyers in Malmesbury, Wiltshire, where Redrow is offering stylish and affordable apartments in an idyllic waterside location.

Would-be first home owners may be surprised to hear this beautiful rural setting in the heart of Wiltshire does not come at a premium, with apartments overlooking the River Avon priced from as little as £122,995, which is below the stamp duty threshold.

And for those who may be a little nervous about taking their first step on the property ladder, the special event can provide them with everything they need to know. Redrow will have independent financial advisors, solicitors and its friendly sales consultants in attendance to guide first timers through the buying process.

The development is encircled by the river and has stunning views of the surrounding countryside. Its affordability makes it a great choice for people looking for a modern and easy to manage new home.

Customers can choose from a ground, first, second or third floor apartment and all come with a spacious open-plan kitchen and living area and a parking space.

Sandra Hughes, sales manager for Redrow Homes (South West), said: "Cowbridge Mill is a stunning place to buy a first home and the affordability of the apartments make them a great choice for affluent singles, couples with a dual income and even friends clubbing together for a mortgage.

"With young people having to work harder for their money these days, ‘buying with a buddy' could be just the thing for people concerned about their finances. Our experienced sales consultants will be available to talk through the options available to those buying together, while financial advisers can help them find the right mortgage product.

"Cowbridge Mill is in a beautiful location and home owners will enjoy the benefits of a countryside setting, overlooking the river and water meadows. There's also an easy commute to the M4 for access to Swindon and Bristol, whilst Malmesbury is about halfway between the historic city of Bath and the capital of the Cotswolds, Cirencester."

The development will eventually comprise of 143 new homes and live-work units built on land originally occupied by the grand Cowbridge House and a mill, which dates back to the 1700s.

Malmesbury itself is an ancient market town with a wealth of 17th and 18th century buildings, many of which now accommodate a host of welcoming pubs and shops, and is famous for its seventh century abbey and gardens. The town has all of the local amenities people would expect, including a choice of good schools.

Alongside the one and two-bedroom apartments there is also a choice of four-bedroom three-storey townhouses, currently from £369,995.

First time buyers interested in the properties available at Cowbridge Mill should visit the development between 10am to 5.30pm on Saturday and Sunday, May 10 and 11, for extra help and advice. For more details of the homes at Cowbridge Mill log on to redrow.co.uk.