For many buyers, taking that first step either onto or up the property ladder can seem like a pipe dream; thanks to Crest Nicholson Regeneration’s EasyBuy scheme however, buyers can turn that dream into a reality at Centenary Quay in Woolston. EasyBuy is available on selected three-bedroom houses at Centenary Quay.
EasyBuy is a great way to purchase a new home if having a big enough deposit is a barrier to purchase. With EasyBuy, purchasers can own 100% of their own home and pay only 85% of the price, making a £235,000 three-bedroom house at Centenary Quay a more affordable £199,750. Purchasers pay no rent or interest for the first five years and the outstanding loan amount is paid back as a percentage of the property’s value at any time up to resale or after 10 years, whichever comes sooner.
Susan Young, Sales & Marketing Director for Crest Nicholson Regeneration, said: “The challenging economic climate and strict lending criteria can mean that many buyers feel that purchasing their first home or climbing the property ladder is beyond them. Schemes such as EasyBuy, however, make the move far easier and less stressful as, unlike with other shared equity schemes, buyers own the entire home but pay less up-front.
“We have helped a wide range of buyers purchase at Centenary Quay, from young professionals who like the security which comes with a close-knit community, to families who appreciate the safe, family-friendly environment. Together with the fantastic water-front location which is a few minutes’ walk from Woolston and close to Southampton town centre, the development has proven popular with buyers at all stages of their home-owning lives.
“Crest Nicholson has continued to help people purchase properties throughout the downturn and we remain committed to supporting would-be buyers.”
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 a good-sized garden, along with a cloakroom and cupboards, including sizeable under-the-stairs storage.
Situated on the first floor, ideally located away from the hustle and bustle of the kitchen/family room, is the spacious formal living room. 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, with ensuite bathroom, and the second bedroom; both bedrooms feature fitted wardrobes.
Crest Nicholson Regeneration recently launched a new phase of homes for sale 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 or visit www.centenaryquay.com.