Own a first home for less at The City

First-time buyers can receive a Government loan covering up to 30% of the cost of a brand new home, simply by visiting The City, George Wimpey’s popular development in Coventry this weekend [16th & 17th May] and on Saturday 30th and Sunday 31st May.

The special interest-free HomeBuy Direct loans are available to help purchasers with a household income of less than £60,000 step onto the property ladder.

But with a limited number of homes available under the scheme at The City, first-time buyers are urged to avoid disappointment by having a free consultation with the independent financial advisor, who will be available at the development between 11am and 5pm this Saturday 16th and Sunday 17th May, and over the weekend of the 30th and 31st May.

Qualifying customers using the HomeBuy Direct scheme can reduce the mortgage they need to own a two-bedroom apartment at the City from £89,995 to just £62,997.

Daniel McGowan, Regional Sales and Marketing Director for George Wimpey, says: “This is a brilliant opportunity for anyone hoping to get onto the property ladder for less in 2009.

“The Government’s HomeBuy Direct loans make it possible to afford a home with a lower cost mortgage and without the need for a deposit.

“But with only a limited number of apartments currently available using HomeBuy Direct, the chance to take advantage of the scheme and save thousands of pounds will be granted on a first come, first served basis.”

The ‘Marcos’ is just one of the homes available for as little as £62,997, and features a contemporary fitted kitchen, a light and airy lounge/dining room, fitted wardrobes to the master bedroom, a well-proportioned second bedroom and a bathroom off the private entrance hallway.

Like all new homes at the development, the ‘Marcos’ enjoys a high standard specification including central heating, double glazing and a fully fitted kitchen with built in oven, hob and hood.

In a prime central location on the former Coventry City football ground, The City comprises one and two-bedroom apartments and three-bedroom homes within easy reach of a vast range of amenities, shops and leisure pursuits, including theatres, concert halls, galleries, bars, restaurants, cafes and a vibrant nightlife.

Commuters will appreciate that the development enjoys easy access to the M6 and M40 motorways, while the city’s railway station operates regular services to London and Birmingham.

For those travelling abroad, Coventry has its own airport with flights to more than 20 European destinations, while Birmingham International is just a 30-minute drive away.

To take advantage of the HomeBuy Direct scheme, visit The City Sales Centre, located off Highfield Road, Thackhall Street, Coventry and open Saturday 16th and Sunday 17th and Saturday 30th and Sunday 31st May from 11am until 5pm.

Alternatively, further information is available online at Georgewimpey.co.uk.