New show apartment is the perfect fit for first time buyers

Leading house builder Taylor Wimpey Southern Counties is counting down the days to the launch of a stunning new show apartment at its popular Scholars Walk development in Portsmouth.

Professionally styled by an expert team of interior designers, the Regius House show apartment, launching on Saturday 17th September, has been designed with chic first time buyers in mind and offers the perfect mix of contemporary colour schemes and modern furnishings.

Each Regius House apartment features a spacious living room, stylish kitchen, master bedroom with ensuite, second bedroom and a separate bathroom, and is completed with an allocated parking space. Prices currently start from just £130,000, but by taking advantage of the FirstBuy scheme you only need to put down a 5% a deposit of £6,500* to secure your dream home.

Sarah Pasco, regional sales director for Taylor Wimpey Southern Counties, said: “It can take months, even years, to save for a deposit, so it’s understandable that first time buyers have high expectations for their first home and don’t want to settle for second best. Our new show apartment is shaping up to be one of our best yet and is bound to catch the eye of first time buyers looking for a stylish pad to make their own – they certainly won’t be disappointed.

“What’s more, with FirstBuy on offer getting a foot onto the ladder and into a stylish new apartment becomes even more achieveable. So what are you waiting for? Put the 17th in your diary and be sure to pay us a visit!”

FirstBuy works through a joint loan of 20% from the Homes and Communities Agency (HCA) and Taylor Wimpey, which means that eligible purchasers only need put down a 5% deposit and obtain a 75% loan-to-value mortgage. The loan is repayable at the end of the 25 year mortgage term or when the property is sold. To be eligible, purchasers must be first time buyers and the total household earning should be less than £60,000.

Set in the popular residential area on land once part of Highbury College, Scholars Walk is a carefully designed collection of apartments and houses that would be suitable for first time buyers, growing families, downsizers and investors alike. Prices currently start from £130,000 for a two bedroom apartment, £229,995 for the three bedroom Evesham show home, which is being sold with the furniture, fittings and conservatory included, and £229,995 for a four bedroom Twyford town house.

For further information, visit taylorwimpey.co.uk.

*subject to terms and conditions on selected plots