Crest Nicholson is urging homebuyers to make the most of the Government’s innovative HomeBuy Direct scheme at its Poole development, Poole Quarter. With just three one-bedroom apartments remaining on the scheme, hopeful first time buyers need to act quickly in order to avoid disappointment.

Under HomeBuy Direct*, buyers can purchase a property from as little as 70% of the asking price whilst retaining 100% ownership from day one. The remaining value is loaned to the purchaser via an ‘equity loan’, jointly financed by Crest Nicholson and the Government. Prices for a one bedroom apartment at Poole Quarter start from £159,000, which equates to just £111,300 when purchased with the scheme.

Tracey Brady, Sales and Marketing Director, Crest Nicholson South, explained: “Due to its convenient and desirable location, Poole Quarter has always been a very popular development amongst homebuyers. The HomeBuy Direct apartments are competitively priced for the area and provide first time buyers with an ideal opportunity to purchase a high quality coastal home. We would encourage buyers to act swiftly if they don’t want to miss out on the HomeBuy Direct incentive.”

Overlooking the prestigious Sandbanks, Poole Quarter is situated just 300 metres away from the sea, offering homebuyers the perfect retreat from a busy lifestyle. The development is also conveniently located for local shopping facilities, a leisure complex and Poole Quay.

The interiors of the apartments have been designed in Crest Nicholson’s signature contemporary style. All kitchens are fully fitted with brushed steel Bosch appliances, including a washer/dryer and integrated oven, whilst the bathrooms offer stylish white suites finished with chrome accessories and a heated towel rail.

Prices for a one bedroom apartment at Poole Quarter start from £159,000 which equates to £111,300 when bought through HomeBuy Direct. For more information please contact the sales and marketing suite on 0870 751 0476 or visit www.crestnicholson.com/poolequarter.

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*HomeBuy Direct available on selected plots only. Prices may vary.

About HomeBuy Direct
HomeBuy Direct is open to households earning a joint income of less than £60,000 a year and offers purchasers the chance own 100% of a new home for as little as 70% of the property’s market value. The outstanding amount (up to 30%) is loaned to the purchaser via an ‘equity loan’, jointly financed by Crest Nicholson and the Government. There is no interest to pay on the HomeBuy Direct loan for the first 5 years, and no additional premium fees or charges. After five years, purchasers will be charged a fixed rate interest of 1.75 per cent, rising annually by the Retail Price Index (RPI) plus 1 per cent. The life of the loan is 25 years (or until the property is sold), after which purchasers will need to repay the loan calculated on the value of the property at the time of repayment