Invest in family and friends at The Edge
First-time buyers who know someone willing to help with the deposit on their first home – or those in a position to support someone close to them – will want to find out about the fantastic new Family and Friends Advantage scheme at The Edge, Taylor Wimpey’s brand new apartments development in Edgware.
This incredible investment opportunity offers friends or relatives providing a deposit up to 20% of the price of a selected brand new home at The Edge a guaranteed 5% return on their outlay every year for the next five years.
For example, a £36,590 deposit on a one-bedroom apartment, priced £182,950, would guarantee a return of £1,829 each year and a total of £9,147 over the five-year period – that’s a quarter of the overall investment amount!
With a selection of one and two-bedroom homes also available to choose from, prices at The Edge range up to £239,950, meaning returns on a 20% deposit can be as high as nearly £12,000 over the five-year period.
Tony Woodman, Sales and Marketing Director for Taylor Wimpey North Thames, says: “Many first-time buyers are receiving help in finding the deposit needed to step onto the property ladder, whether from parents, grandparents or others who are close to them.
“Family and Friends advantage is an innovative scheme which offers these generous people a financial reward, which can work out better than having the money sitting in the bank.
“But because the scheme is only available on a limited selection of homes, we’re urging people to come along to The Edge now, to make sure they don’t miss out!”
A range of lenders is supporting the new Family and Friends Advantage scheme, and Halifax is offering an exclusive range of fixed and tracker mortgages with a loan to value of 80% for Taylor Wimpey customers using the incentive. This comes with an added financial benefit of refunding the valuation fee direct to the purchaser.
Plot 174, priced at just £182,950, is just one of the homes available with Family and Friends Advantage – a gorgeous ground floor, one-bedroom apartment comprising 479 sq ft of accommodation and featuring a spacious, living room with open-plan kitchen, a good-sized bedroom, and a bathroom off the private entrance hallway.
The apartment also comes with stylish fitted kitchen units and worktops, including integrated stainless steel oven, gas hob and hood, an allocated parking space, and the opportunity to choose from Taylor Wimpey’s stylish Options range, including additional appliances, flooring, and lighting.
Two-bedroom apartments, priced from only £227,500 offer more than 500 sq ft of living accommodation.
Edgware is a vibrant and stylish location for couples and individuals of all ages, surrounded by trendy cafes, bars and restaurants, boutiques, art and bookshops and an array of sports and fitness facilities. In addition to the Broadwalk Shopping Centre, the department stores of Brent Cross are just three miles away.
For commuters, frequent bus services connect homes with Edgware tube and bus stations, a mile away, while the A5 provides a direct route to Marble Arch.
Further information about Family and Friends Advantage at The Edge is available from the Sales Centre, located off Burnt Oak Broadway, Edgware, and open Tuesday to Sunday 10am to 5.30 pm and Mondays 10am to 2pm.
