A real deal for first time buyers in Worcester

Cabot Homes is pleased to announce the launch of its ‘Flying Start’ deal at Point Severn in Worcester, where first time buyers can snap up a new home for just 75% of the existing purchase price. The new deal has been designed by Cabot to help struggling first time buyers onto the property ladder. At Point Severn a one bedroom apartment is typically priced at £130,000 but with the Flying Start deal, purchasers would pay as little as £97,500.

Tim Nixon, Sales Director of Cabot Homes comments: “There is no catch to our Flying Start deal, it is simply designed to help first time buyers out of a tougher market. All they need is £50 to reserve a property and a 75% mortgage which are far more competitive and available to first time buyers. In addition, they have no rent or interest to pay on the remaining 25% of the property for up to 10 years but they still own the whole of the property!”

The Flying Start scheme has already proved popular with first-time buyers throughout Cabot Homes’ other developments. New purchasers are attracted by the opportunity to own a stylish brand new property with a unique pricing structure that’s designed to suit their needs.

Purchasers at Point Severn will find themselves superbly located for city life. The development is just a short stroll to the stylish shops and charming cafes of Worcester’s attractive centre. Also within easy reach are the more scenic attractions of the city’s magnificent 12th Century cathedral and the River Severn

Point Severn is a new development of one and two bedroom apartments and penthouses located just off the historic Newport Street and overlooking the River Severn. Each apartment boasts a stylish range of internal features including; fully-fitted modern kitchens, well-equipped bathrooms with chrome-finish heated towel rails and ceramic tiling, and en-suite bathrooms to master bedrooms (on selected apartments. The development also features secure on-site parking, a private courtyard and balcony / roof terraces on selected apartments.

Properties at Point Severn start from £130,000 for a one bedroom apartment – meaning under the Flying Start scheme purchasers will initially pay just £97,500 (75%). For further information log on to Fairview.co.uk.