A dream start for Barratt’s Old Cider Works

First-time buyers at Barratt’s Old Cider Works development near Taunton have been taking advantage of the developer’s shared equity scheme to get a foot on the property ladder.

“We’ve sold six homes through Dream Start in the last month,” reports Louise Terry, Barratt sales manager. “This scheme is particularly popular with young professionals and couples, and applies to houses as well as apartments.

“With Dream Start, first-time buyers only need to secure a mortgage for 75 per cent of the asking price and there is no deposit. The other 25 per cent is covered by Barratt and repayable interest free, either within 10 years or on the resale of the property.

“It’s a great incentive for people eager to buy their first home, particularly in today’s economic climate,” Louise added. “If they buy now, they will be settled in their new property by June, in time for the summer.”

Current availability includes two-bedroom apartments priced from £134,000 and two-bedroom coach houses priced from £143,950. Three-bedroom houses priced from £195,950 are also available.

The Old Cider Works, which nestles at the foot of the Quantock Hills just outside Taunton, is an ideal location for commuters. Major roads like the A38, A358 and M5 provide easy access to Bristol and the south west. If you prefer to take the train Taunton, a thriving market town, has a mainline station with regular services to London and Devon.

For further information, log on to Barratthomes.co.uk.