Homebuyers in Hereford have been making the most of purchasing schemes at Crest Nicholson’s The Furlongs development. The award-winning housebuilder has revealed that 90 per cent of recent sales have been through the Government-funded Help to Buy scheme.
Most popular amongst first time buyers, five per cent deposit schemes such as Help to Buy have largely been credited with re-igniting the property market.
Designed to make getting onto and up the property ladder more accessible, Help to Buy enables purchasers to own their own home with just five per cent deposit and 75 per cent mortgage. The remaining cost of the property is funded by a 20 per cent equity loan from the Government that is interest free for the first five years.
Tim Ridges, Senior Sales Manager for Crest Nicholson South West, said: “The Furlongs is a fantastic collection of new homes in a highly desirable area. Its close proximity to central Hereford, as well as the local school and the fact the development boasts its own play area has made it particularly attractive to young families and first-time buyers.
“Help to Buy has made purchasing a home more attainable, especially because of the low deposit needed, and this is being clearly reflected in our recent sales. We would urge anybody who is looking for a home in the area to visit us to see first-hand the great lifestyle within their reach.”
One of the stunning homes currently available at The Furlongs is the four bedroom Langdale, offering ample space for a couple or a growing family. This contemporary four bedroom home features a spacious and sociable living room, separate kitchen / diner and a guest cloakroom and toilet on the ground floor. Upstairs, the master bedroom enjoys a hotel style en-suite shower room and is complemented by a second double bedroom and two further bedrooms.
Under the Help to Buy scheme, prices at The Furlongs currently start from £175,960 for a Langdale house and £207,960 for a four bedroom Marlborough house.
For more information please call into the on-site Sales and Marketing Suite (open 10am-5pm, daily), call 0870 753 1864, email firstname.lastname@example.org, or visit www.crestnicholson.com/thefurlongs and www.facebook.com/CrestNicholsonSWWales.