Great rates on new homes in Rugby
Fast-moving first-time buyers can get help stepping on the property ladder with the FirstBuy scheme at Caldecott Manor, Taylor Wimpey’s popular development of houses and apartments for sale in Rugby.
This fantastic Government-backed initiative lets qualifying purchasers secure one of these stunning new properties in Rugby for as little as 80% of the full purchase price – including a 75% mortgage and a 5% deposit, subject to status.
For example, one of the stylish apartments in Rugby currently available with FirstBuy is the two-bedroom ‘Ragley’ apartment at Plot 177 – now on offer at a special launch price of just £99,995 including flooring – which can be accessed by qualifying first-time buyers for 80% of this price under the FirstBuy scheme with a deposit of only £5,000.
Jan Titley, Regional Sales and Marketing Director for Taylor Wimpey, says: “We’re delighted to announce that the Government’s new FirstBuy scheme is now available at the Caldecott Manor development of new build homes for sale in Rugby, offering local first-time buyers a unique opportunity to leave renting behind and step on to the property ladder in style.
“We have already experienced considerable interest in this fantastic initiative and availability is strictly limited, so I would stress to anyone interested in taking advantage of the offer that they must be quick to avoid missing out at this fantastic collection of Warwickshire properties.”
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 their total household earnings should be less than £60,000.
Each ‘Ragley’ apartment at Caldecott Manor features a contemporary open-plan living/dining room with fitted kitchen, perfect for relaxing or entertaining.
A spacious master bedroom boasts an en-suite shower room, while there’s a second bedroom, a main bathroom and a handy storage closet located off the private entrance hallway. Outside, there’s allocated parking and access to a beautiful communal garden.
Caldecott Manor is a prestigious development on the outskirts of historic Rugby, close to waterside walks along the Avon and overlooking Oxford Canal as well as the beautiful Warwickshire countryside.
Commuters will appreciate that the new homes are just a few minutes’ drive from Junction 1 of the M6, while Rugby train station is just a short walk from the development and offers rail links to London in 50 minutes, Coventry in 12 minutes and Birmingham in just under half an hour.
Elliots Field leisure and retail park is also within walking distance, while plenty of shopping opportunities are on offer at Junction One retail park and in Rugby town centre, where a wide selection of pubs and restaurants can also be found.
Rugby offers an excellent choice of schools, including the opportunity of a grammar school education for children taking the 11-plus, while Rugby School is one of England’s oldest and most prestigious public schools.
To take advantage of FirstBuy at Caldecott Manor, first-time buyers can visit the Sales and Marketing Suite, located off Boughton Road, Rugby, and open daily from 10am to 5pm. Alternatively, visit taylorwimpey.co.uk.
