Designed specifically to assist people purchase a brand new home, potential buyers looking in the world heritage city can still make the most of the scheme on any new home priced under £600,000 and includes a host of properties currently for sale at Bath Riverside.
Built by Crest Nicholson Regeneration, the sales team wants to make sure potential buyers know how the scheme works and to see if any of the new homes currently for sale fits the bill.
Christine Hamilton Crest Nicholson sales advisor said: “Many people think that the Help to Buy scheme is restricted to first time buyers but it’s vital they understand it is open to everyone.
“As long as the property they are hoping to buy is new and priced at £600,000 or less then they can use the scheme.
“The Government is still committed, so for those looking to make the next step up the property ladder it’s ideal.”
The scheme works where the Government will lend up to 20 per cent of the value of the property through an equity loan.
This means the purchaser will have to pay just 80 per cent the cost of the property – made up of a 75 per cent mortgage and five per cent deposit.
Christine added: “Current availability includes a number of townhouses on the Percy Terrace phase. These properties are a modern take on the classic Georgian townhouse synonymous with the city of Bath but come equipped with a host of modern features.
“This makes them quite appealing to those wanting to live in a townhouse but without the burden of upkeep and repairs that older properties generally bring.
“In addition Bath Riverside has a number of attributes that sets it apart from other developments in the region.
“The location, being within walking distance of the city-centre, the variety of product for sale and the high-end specification synonymous with Crest Nicholson are all very attractive reasons to buy.”
For further information on Help to Buy and current availability at Bath Riverside please call 01225 463517 or visit www.crestnicholson.com/bathriverside
The marketing suite on Victoria Bridge Road is open daily from 10 am to 5pm.