Great-value new homes in Leicester
Fast-moving property-seekers can find out how to secure a brand new Taylor Wimpey property in Leicester for just 80% of its purchase price – by attending an exclusive first-time buyers’ event.
The leading housebuilder is holding its FirstBuy Saturday event at its sought-after Cedar Walk development in Birstall village on Saturday 12th November, when experts will be on hand to explain how the Government-backed FirstBuy scheme can help first-time buyers secure new houses and apartments in Leicester.
Under FirstBuy, qualifying first-time buyers can access eligible new build homes in Leicester at Cedar Walk for 80% of the full price, including a 75% mortgage and a 5% deposit, subject to status.
The spacious Plot 8 two-bedroom ‘Cayton’ apartment at Cedar Walk, for example, can be accessed by qualifying purchasers for 80% of its £119,995 purchase price under the FirstBuy scheme – that’s just £95,996 – including a deposit of only £6,000.
Janet Robinson, Regional Sales Manager for Taylor Wimpey, says: “FirstBuy offers first-time buyers a unique opportunity to leave renting behind and purchase their own property in Leicester – and we’re giving home-hunters the chance to get the lowdown on how this incredible scheme could help them on to the property ladder.
“We have already experienced considerable interest in this fantastic initiative and there are a strictly limited number of new homes for sale in Leicester available with the scheme, so I would stress to anyone interested in grabbing this great opportunity to visit Cedar Walk during FirstBuy Saturday on 12th November to find out more.”
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.
Nestled on the edge of Birstall village, Cedar Walk is an exclusive development of just 56 new homes at Hallam Fields, just a stone’s throw from beautiful open countryside and village amenities, yet within easy reach of the M1 motorway and only four miles from Leicester city centre via the A6.
Closer still are the shops and village amenities of Birstall, which include schools for children of all ages, and as the new Hallam Fields community grows, it will benefit from a new school, shops, offices and business units.
The City of Leicester is home to a huge range of high street and independent stores, alongside a wealth of cultural and leisure amenities. Fosse Park, a large retail development, is also within easy reach by road.
To find out more about FirstBuy, property-seekers should visit Cedar Walk on FirstBuy Saturday, which takes place between 10.30am and 5.30pm on Saturday 12th November at the development, located off Loughborough Road, Birstall.
For further information, visit taylorwimpey.co.uk.
