Crest Nicholson: Helping Second Time Buyers Climb the Property Ladder at Centenary Quay

It’s a common myth that to buy a spacious home, you need to buy an older, ‘second hand’ property. At Crest Nicholson Regeneration’s Centenary Quay development in Woolston buyers can purchase a thoughtfully arranged three-bedroom house which affords the space more often associated with older homes. Ideally suited to growing families in need of plenty of space, Crest Nicholson is helping buyers by either offering to pay their Stamp Duty or through its Part Exchange scheme.

Susan Young, Sales & Marketing Director for Crest Nicholson Regeneration, said: “Over the past few years, it has been well-documented that first time buyers are struggling to get a foothold on the property ladder, yet many second time buyers are finding climbing the property ladder just as challenging. The additional costs of purchasing a home can often be very steep; larger homes tend to come with higher price tags and, therefore, higher Stamp Duty.

“To help purchasers, Crest Nicholson is offering to pay buyers’ Stamp Duty fees. By helping to free up extra cash, we hope that buyers will be able to make the move to a larger home more easily and will have extra funds to help furnish their new home.

“We are also helping second time buyers with our Part Exchange scheme. Another common deterrent for moving home can be the stress that can sometimes occur when selling a property. Part Exchange is ideal for homeowners who are either struggling to sell their home on the open market or are simply keen to move swiftly and hassle-free.

“Once purchasers have identified the home at Centenary Quay they wish to purchase, Crest Nicholson will arrange for three independent local estate agents to value their existing property. Crest will make an offer within seven days and once the offer is accepted, customers can reserve their brand new home. By taking the stress out of finding a buyer for the existing property, purchasers can make the most of their new home straight away.

“These schemes are popular across Crest Nicholson developments; they can often make the difference between people being able to buy the home they want or staying in a property they have outgrown.”

The three-bedroom homes at Centenary Quay are arranged across three floors, allowing family members to enjoy their own space without feeling crowded. The ground floor comprises a large kitchen/dining/family room which leads to the good-sized garden, along with a cloakroom and cupboards, including sizeable under-the-stairs storage. Situated on the first floor away from the hustle and bustle of the kitchen/family room, the formal living room is ideally located to make the most of the fantastic views of the River Solent. The third bedroom with its built-in wardrobes and balcony, along with the family bathroom, are also on the first floor.

The second floor is home to the master bedroom and ensuite bathroom and second bedroom; both bedrooms feature fitted wardrobes.

Susan concludes: “Not only do owners benefit from plenty of space, but also the homes afford ample storage – another rarity in newly-built homes. The houses are currently available to buy off-plan, allowing buyers to choose from a range of flooring options and kitchen units and thereby enabling them to personalise and make their new home their own from day one. We only have a handful of three-bedroom houses available so interested buyers will need to be swift if they are to avoid missing out.”

Crest Nicholson recently launched Phase 2 at Centenary Quay, comprising one and two-bedroom apartments in addition to the three-bedroom houses.

When complete, Centenary Quay will deliver 1,620 new homes in total providing accommodation for around 3000 residents, significantly regenerating the riverside of Woolston. The seven year investment programme covers an overall area of 31 acres and will provide a range of restaurants and cafes, a supermarket, several community facilities including a nursery and a library, a children’s play area, Primary Care Trust facility and a new marine quarter to meet the needs of the marine industry.

For more information, please contact the Sales & Marketing Suite, 15 Vosper Road, Woolston, Southampton SO19 9EG on 0870 758 0432.

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