Crest Nicholson’s specially-created incentives, available at its Clarion Gate development in Chelmsford, will be music to the ears of homeowners looking to take the next step up the property ladder, but who face the toughest mortgage market for 25 years*. The incentives available, which include a mortgage subsidy whereby Crest Nicholson pays £500 a month for one year towards their mortgage repayments, are designed to give existing homeowners more financial flexibility and help those that wouldn’t otherwise be in a position to think about owning their own home.
Annette Cole, Sales and Marketing Director for Crest Nicholson Eastern, said: “We understand that, taking into consideration moving expenses and buying new furniture, the costs associated with buying a home are at their highest in the first year. To receive £500 every month to help pay the mortgage makes life considerably easier for buyers and frees up their own money to buy new furniture or extras that really make a property a home.
“All of the incentives at Clarion Gate have proved extremely popular with a wide range of buyers, and it’s very gratifying to be able to help purchasers move up or onto the property ladder when they otherwise would not have been able to buy.”
Other incentive schemes offered by Crest Nicholson at Clarion Gate include FirstBuy, a shared equity scheme which enables first time buyers to purchase a new property at just 80% of the price. Funding is provided in part by the Government and Crest Nicholson via a loan with a minimum contribution required from the purchaser of just 5%.
Nearby Chelmsford Station provides fast and efficient services to London Liverpool Street taking approximately 35 minutes. Alternatively, the A12 is just a short drive from the scheme and provides direct routes south to the Capital and Colchester to the north.
Just two two-bedroom apartments currently remain for sale at Clarion Gate, with prices starting from £175,000. Further properties will be available for sale early in 2013. For further information about buying a home at Clarion Gate please contact the Sales & Marketing Suite, open daily from 10am – 5pm, at Clarion Gate, Lambourne Chase, Beehive Lane, Chelmsford, Essex CM2 9FF on 0870 757 8184. Alternatively, visit www.crestnicholson.com/clariongate