Good news for first time buyers at Admiralty Quarter

It is good news for first time buyers following the Government’s recent announcement to suspend stamp duty on all residential properties under £175,000. With this in mind, many first time buyers might now find it easier to purchase their first home in the current climate and make that all important move onto the property ladder.

Admiralty Quarter, Crest Nicholson’s Regeneration scheme in Portsmouth Harbour is an ideal option for first time buyers looking to make the most of the Governments’ new buying incentive. With a stunning collection of studio and one bedroom apartments for sale under the £175,000 stamp duty threshold, first time buyers will be able to make the most of the government’s scheme.

Helen Boniface, Sales and Marketing Manager at Crest Nicholson Regeneration Ltd comments: “We welcome any positive moves from the Government that will help kick start the housing market. Raising the stamp duty threshold will provide much needed relief for first time buyers who are currently feeling the effects of tightened lending criteria. The properties at Admiralty Quarter are an ideal option for first time buyers to get on the property ladder and will allow them to make the most of these government schemes.”

Adjacent to the thriving Gunwharf Quay with its selection of designer shops, bars, restaurants and cinemas, the development boasts spectacular views of Portsmouth Harbour and is just a short walk into the city centre.

Well connected, train services out of Portsmouth Harbour, Portsmouth and Southsea stations are just a few minutes walk away and provide high-speed links into London Waterloo in an hour and a half, with mainland Europe just a ferry-ride away.

Prices at Admiralty Quarter start at £115,000 for a studio apartment with one bedroom apartments from £150,000.

More information visit Admiralty-quarter.co.uk.