Celebrate the New Year with a new home in Tamworth
Local developer Walton Homes is encouraging first-time buyers looking for a new home in Tamworth to visit its Carisbrooke House scheme located on Greenway Park in Two Gates, to discuss the tailor-made deals available.
Following a recent sales flurry at the popular development, there are now just three homes remaining, including two fully-furnished show homes. To mark the run-up to New Year, Walton Homes is offering first-time buyers the chance to purchase these two-bedroom show apartments under its Lion’s Share initiative.
For a limited time only, buyers will need to pay just 75 per cent of the value of the show apartment through a five per cent deposit and a conventional mortgage. Walton will pay the remaining 25 per cent share, with the only requirement being that when the property is eventually sold on, or after 10 years – whichever is sooner – the 25 per cent interest free loan is paid back to the developer.*
The Lion’s Share scheme enables the two-bedroom ground floor show apartment at Carisbrooke House to be purchased for just £89,962.50, which represents 75 per cent of the £119,950 list price. The property also benefits from an allocated parking space.
Helen Rollason, sales manager at Walton Homes says: “Carisbrooke House is already a popular development, and now with the launch of Lion’s Share on these fully-furnished show apartments, we expect demand to continue to be high. Kick starting the New Year with a new home will be a fantastic feeling for any homeowner, but purchasing your first home is a truly memorable moment.
“Our Lion’s Share initiative offers first-time buyers the perfect opportunity to get onto the property ladder and we are really pleased to be able to offer a scheme that is better than the government’s FirstBuy** initiative. Under Lion’s Share there is no strict criteria that the purchaser must meet, other than being able to pay the mortgage, and for a limited time only, we are offering purchasers the chance to pay just 75 per cent of the value of their new home, which is five per cent lower than FirstBuy.
“Under Lion’s Share, potential purchasers will be able to enjoy mortgage repayments that are up to 25 per cent cheaper for the first 10 years, which is a real bonus in these challenging times. The fact that the show apartments also come fully-furnished with a luxurious sofa, dining table, bedroom furniture and contemporary soft furnishings is a real bonus, and one which will mean significant savings for any first-time buyer.”
Carisbrooke House has been architecturally designed in a traditional style to be sympathetic to the architecture that is popular in the local area. The apartment building is arranged over one, two and three storeys and a number of the upper floor apartments have Juliet balconies. Each home has a high internal specification, including luxury kitchens and bathrooms. The newly built luxury apartments are sold with a 125 year lease and a 10 year NHBC guarantee, offering complete peace of mind.
Helen Rollason continued: “Following the recent high demand at Carisbrooke House, I would encourage anyone interested in these show apartments to contact the sales team and arrange a viewing as soon as possible to avoid disappointment. I am very much looking forward to welcoming the final new homeowners to this stunning development.”
Walton Homes is a family run housebuilder based in Lichfield, with a track record spanning over 25 years in the region. The force behind a significant number of regeneration projects and new homes developments in Staffordshire and the wider West Midlands area, Walton Homes has secured a reputation for its bespoke, quality approach to house building.
Carisbrooke House at Greenway Park is located off Peelers Way in Tamworth, B77 1HB. For more information, visit waltonhomes.co.uk.
*Typically, Walton Homes’ Lion’s Share initiative allows buyers to pay 85 per cent of the value of the show apartment through a five per cent deposit and a conventional mortgage. Walton will pay the remaining 15 per cent share.
**The government’s FirstBuy scheme allows first-time buyers to purchase 100 per cent of the property for 80 per cent of the full purchase price. The Homes and Communities Agency, along with certain developers, offer a loan of up to 20 per cent. The loan is equity free for the first five years, after which a fee of 1.75 per cent is payable.
