Just £65k buys you a new home at sought-after Coventry development

Would-be home-owners struggling to get a foothold on the property ladder now have a fantastic opportunity to invest in their dream home – thanks to an incredible money-saving scheme designed to put the squeeze on mortgage rates.

Stunning homes at The City, George Wimpey’s sought-after apartment development in Coventry, are now available with HomeBuy Direct, a shared equity scheme allowing first-time buyers to secure 100% of their new home for as little as 70% of the purchase price.

Under this favourable initiative, jointly funded by the leading housebuilder and the Homes and Communities Agency, the outstanding sum is covered by a great-value loan which is interest-free for the first five years and low-interest for up to 20 years thereafter.

It means a stylish two-bedroom apartment priced at an already-low £91,995 is available to qualifying buyers with a mortgage of less than £65,000!

Daniel McGowan, Regional Sales and Marketing Director for Taylor Wimpey, says: “HomeBuy direct is the perfect way for first-time buyers to overcome the hurdles of high mortgage costs and the need for hefty deposits.

“If your combined household income is less than £60,000 and you have never purchased your own home, you may be eligible for a loan covering up to 30% of the price of an apartment at The City.

“Anyone who thinks they could qualify for this unmissable deal shouldn’t hesitate to contact the Sales Executive today and find out more!”

The combination of low prices and a convenient location just a few minutes’ walk from the centre of historic Coventry has made The City a huge hit with homebuyers – and apartments are selling out fast!

But with a handful of two-bedroom designs still available, fast-moving property-seekers can still secure a stylish home for less by acting today.

Using the HomeBuy Direct scheme, buyers can own a ground-floor ‘Marcos’ apartment with its spacious lounge/diner and open plan kitchen, master bedroom with built-in wardrobe and private entrance hall leading to a second bedroom and main bathroom – all with a mortgage of less than £65,000.

Alternatively, HomeBuy Direct will let qualifying customers with a mortgage of only £82,000 choose a beautifully light and airy ‘Austin’ apartment, characterised by a striking turret-shaped living area with full-height windows to flood the room with natural light.

All new homes at The City enjoy a high standard specification including gas central heating, double glazing and a fitted kitchen with washer-dryer, built-in oven, hob and cooker hood, while most apartments also include allocated parking.

In a prime central location on the former Coventry City football ground, The City is 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 find out more about HomeBuy Direct at The City, visit the Sales Centre, located off Highfield Road, Thackhall Street, Coventry, and open Thursday to Monday from 11am until 5pm.

Further information on George Wimpey developments across the region is available by visiting the website at Georgewimpey.co.uk.