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Irresistible mortgage deals on Lewisham flats

8th September 2010 Print
A typical stylish Taylor Wimpey Axis interior

A brand new homebuyer incentive from Taylor Wimpey offers an amazing 2.99% mortgage rate for purchasers choosing an apartment at the housebuilder’s Axis development of flats in Lewisham.

Homebuyers are invited to find out about one of the most competitive mortgage deals on the market at Axis, Taylor Wimpey’s development of stylish flats for sale Lewisham.

The housebuilder is offering a rate of just 2.99% fixed for two years* on selected Lewisham apartments at the sought-after development in one of London’s up and coming areas.

Paula Carter, Regional Sales and Marketing Director, says: “This offer gives real peace of mind to buyers in search of apartments for sale in Lewisham by fixing their mortgage repayments at a low rate for the next two years.

“By safeguarding them against any potential interest rates rises in the coming months, we’re allowing purchasers to plan for the future and move to their new Lewisham property now rather than wait and see what happens. At such a low rate it offers significant savings in the first two years of moving home when financial outlay can often be at its highest.”

The good news doesn’t stop there, as first-time buyers can alternatively take advantage of the leading housebuilder’s Easy Start shared equity scheme.

Easy Start is available on the studio apartment at Plot 37, making it available for just £131,745 – that’s just 85% of the asking price!

All the purchaser needs to do is find a 5% deposit and Taylor Wimpey will arrange a mortgage covering 80% of the price and provide a 15% interest-free loan to boost the down-payment, which can be repaid in up to three instalments over a 10-year period.

Alongside the range of superb studios at Axis, two-bedroom apartments at the development start from only £199,995.

Axis enjoys easy access to Lewisham’s excellent indoor shopping centre and bustling pedestrianised high street where an open-air market is held seven days a week.

The borough’s lively cultural scene includes The Broadway Theatre and Studio, countless restaurants, cafés and bars close at hand, plus a choice of sports and leisure facilities including gyms, swimming pools, dance studios, sports fields and Green Flag parks.

Lewisham station is just a short walk from Axis, with journey times of just 10 minutes to London Bridge or Victoria, while the Docklands Light Railway has its southern terminus in Lewisham. The London Underground is also easily accessible at nearby New Cross.

Further details on the homes and incentives at Axis are available by visiting the Sales Centre and showhome, located at 262-274 Lewisham High Street and open Friday to Monday from 11am to 6pm and Thursdays from 12pm until 7pm.

Further details on the 2.99% mortgage offer can be found at: taylorwimpey.co.uk/299

* Assumes a purchaser, over 18 years of age purchasing at £199995 and borrowing £159996 over a 35 year term. Lenders arrangement fee of £999 payable and assumed added to the loan. Mortgage assumed is a repayment mortgage and initial interest rate is 2.99% variable (typical APR 3.1%) achieved by a subsidy payment from Taylor Wimpey to the purchaser. Monthly payment is £618.89 for the 1st 2 years then a variable rate (currently 2.99%) over the remaining term. Total payable is £260684.80 which includes the capital. Application fees of £474 payable on application. Stamp duty and legal fees also payable at current rates as applicable. Full written details available on request. Figures correct at time of going to press. All loans subject to status and valuation.  Mortgage must be arranged through Taylor Wimpeys appointed mortgage brokers. E&OE. Your home may be repossessed if you do not keep up repayments on your mortgage.

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A typical stylish Taylor Wimpey Axis interior