Help for first-time buyers to secure flats in Barking

Taylor Wimpey’s easystart scheme lets qualifying purchasers secure selected homes for 85% of the price at Academy Central, the leading housebuilder’s popular development of property for sale in Barking.
First-time buyers are being offered an amazing opportunity to step on to the property ladder at Taylor Wimpey’s Academy Central development of houses and apartments in Barking – without having to spend years saving a hefty deposit.
Selected flats for sale in Barking at this sought-after development are now available with the leading housebuilder’s easystart shared equity scheme, which means qualifying first-time buyers can secure their new home for as little as 85% of its full purchase price.
Under the helpful initiative, the stylish one-bedroom Plot 112 property in Barking, priced £128,995 can be purchased from only £109,646 with a 5% deposit subject to status – that’s as low as £6,500*.
As well as helping the purchaser to secure a great-value mortgage through its independent financial advisors, Taylor Wimpey will provide 15% of the full price as an interest-free equity loan, repayable in up to three instalments over a 10-year period at the market value of the Barking property.
Michael O’Leary, Regional Sales and Marketing Director for Taylor Wimpey, says: “Our easystart shared equity presents a fantastic opportunity for aspiring homeowners to purchase selected apartments for sale in Barking without the need for a significant deposit.”
The delightful Plot 112 features a contemporary open-plan kitchen and spacious living/dining room opening through patio doors to a private balcony. A well-proportioned bedroom, a main bathroom and a handy storage closet are also located off the private entrance hallway.
Each new home at the development is completed to a high standard specification, including central heating, double glazing and fitted kitchen with integrated oven, hob and hood.
A superb choice of one and two-bedroom apartments is currently available at Academy Central, with shared equity available on selected plots. Full prices for one-bedroom designs start at just £128,995 and only £165,995 for two-bedroom apartments.
Academy Central enjoys an exceptional location offering great opportunities for work and leisure, with Vicarage Field, The Mall and Exchange Mall shopping centres all located within easy reach. A choice of health and fitness centres is also located nearby, while Mayesbrook Park provides acres of green space.
Goodmayes Railway Station is within walking distance of the development, and operates regular services to London’s Liverpool Street in just over 20 minutes and to Stratford, home of the 2012 Olympics, in approximately 13 minutes.
Homes at the development are designed to be up to 25% more energy efficient than properties built just three years ago. Plus, the majority of homes feature ‘green roofs’ which help improve air quality, provide natural insulation and promote bio-diversity.
To make a move to a brand new apartment this year at Academy Central, property-seekers should visit the Sales Centre and showhome, located off Longbridge Road, Barking, and open Thursday to Monday from 10am to 5.30pm.
* Based on 5% of the full £132,995 purchase price of the one-bedroom apartment at Plot 112. The deposit amount required is dependent on status and easystart shared equity is subject to availability. Terms and conditions apply, with full details available from the Sales Executive.