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Best value new properties in Nottinghamshire

4th November 2011 Print
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First-time buyers have a fantastic opportunity to discover how they can secure selected Taylor Wimpey homes in Nottinghamshire for just 80% of their prices during a special event.

The leading housebuilder is holding its FirstBuy Saturday event at selected developments across the area 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 build homes in Nottinghamshire.

Under FirstBuy, qualifying first-time buyers can access eligible houses and apartments in Nottinghamshire for 80% of the full price, including a 75% mortgage and a 5% deposit, subject to status.

The spacious Plot 19 two-bedroom ‘Arden’ apartment at Chaworth Gardens in Ravenshead, for example, can be accessed by qualifying purchasers for 80% of its £120,995 purchase price under the FirstBuy scheme – that’s just £96,796 – including a deposit of only £6,050.

Carolyne Watkinson, 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 Nottinghamshire – 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 Nottinghamshire available with the scheme, so I would stress to anyone interested in grabbing this great opportunity to visit our Chaworth Gardens, Lime Tree Gardens or Rufford Grange developments 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.

To find out more about FirstBuy, first-time buyers can visit any of the following Taylor Wimpey developments of properties for sale Nottinghamshire on FirstBuy Saturday, which takes place between 10.30am and 5.30pm on Saturday 12th November:

Chaworth Gardens
Longdale Lane, Ravenshead, NG15 9JN

Lime Tree Gardens
Spring Lane, Mapperley, NG3 5RQ

Rufford Grange
Kirklington Road, Rainworth, NG21 0JR

For further information, visit taylorwimpey.co.uk.

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