First time buyers get a helping hand in Portsmouth
If you feel like you are throwing your money away on rent but can’t see how you could afford a place of your own, then you might be surprised to learn that buying your own home at Taylor Wimpey’s Scholars Walk new homes development in Portsmouth could cost you less than you think.
The house builder is currently offering its popular Easystart* shared equity scheme on its three storey Evesham style homes, meaning you can snap up 100% of the property, currently on the market for £199,995, for just £169,995*.
In addition to the fantastic price, this versatile home, which is available for occupation this year, offers an abundance of accommodation spread over three floors, so you can be confident you’re getting plenty of bricks and mortar for your money.
Sarah Pasco, regional sales director for Taylor Wimpey Southern Counties, said: “Easystart gives those stuck in the rental rut a real chance of home ownership. We find that many house hunters can be wary of shared equity schemes, which is why Easystart has been so popular. It enables you to own 100% of the home from day one, for just 85% of the price, providing those struggling to afford current property prices with the ideal solution. With demand for this scheme increasing and only limited funding available, I’d encourage those keen to get moving to pay us a visit to find out more."
By taking advantage of Easystart you’ll have the reassurance that you own 100% of your new home from day one. Providing you have a 5% deposit you’ll only need to find a mortgage on the remaining 80%, with the other 15% provided rent and interest free by Taylor Wimpey for up to ten years, at which point you’ll repay 15% of your home’s current market value.
The ground floor of the Evesham features a reception room with French doors leading onto a private garden, an open plan kitchen / breakfast area, perfect for family mealtimes, and a useful cloakroom. Two bedrooms and a modern bathroom are on the first floor, whilst the master bedroom with en-suite occupies the whole of the second floor.
Portsmouth offers an irresistible mix of history and heritage, shopping, a lively arts scene, and a great selection of restaurants and bars. Port Solent, which is within easy reach, is a must see attraction, with its waterside eateries, dozens of shops, cinema and regular events at the Boardwalk. Scholars Walk is set in a popular residential area of the city, on land which was once part of Highbury College.
In addition to the Evesham townhouses there are a collection of four bedroom townhouses with prices starting from just £224,995.
For further information on the properties and financial packages available visit the marketing suite and show home open Tuesday to Sunday from 10am – 5pm and Monday from 1pm - 5pm.
* Subject to terms and conditions
