If you think buying a new home in 2013 is beyond you, think again; this weekend (19th & 20th January), Crest Nicholson is giving both first time buyers and existing homeowners the chance to fulfil their home buying dreams at its Cedars Park development in Stowmarket.
Both first and second time buyers can take advantage of the Government-backed NewBuy scheme whilst existing homeowners can move up the property ladder swiftly and easily thanks to Crest Nicholson’s Part Exchange scheme. The schemes are available on the three-bedroom Kennet house priced at £185,000 or the four-bedroom Elsenham priced at £199,500.
With NewBuy, purchasers only need a 5% deposit to get on the ladder; a far cry from the typical 20%-25% deposit still required by many mortgage lenders. The great thing about NewBuy is that it is available not only to first-time buyers but also to existing homeowners who have little equity in their current property and are unable to raise the necessary funds to upgrade to a larger home that better suits their requirements.
Part Exchange is designed to help existing home-owners move into a brand-new Crest Nicholson home without the delays and stresses often associated with moving house. Purchasers simply need to identify the property at Cedars Park they wish to buy and the developer will then arrange for three different estate agents to assess and value their existing property. Once Crest Nicholson’s purchase offer has been accepted, the buyer’s new home at the development will be reserved – it’s as simple as that.
Annette Cole, Sales & Marketing Director for Crest Nicholson, said: “Many column inches are dedicated to the plight of first time buyers, but many ‘second steppers’ trapped in a home they have outgrown are also finding making the next step up the property ladder extremely difficult – if not impossible. Part Exchange is the ideal solution; it has proved very popular at Cedars Park with many of our buyers and has certainly helped keep the local property market moving.”
For further information on any of the properties or the Part Exchange scheme, please call the Sales and Marketing Suite, The Laurels at Cedars Park, Osprey Drive, Off Creeting Road, Stowmarket IP14 5GD on 0870 755 1620 or visit www.crestnicholson.com/cedarspark