It pays to invest in a first home at The Fairway with Family and Friends Advantage

It Pays To Invest In A First Home At The Fairway With Family And Friends Advantage

First-time buyers who know someone willing to help with the deposit on their first home – or those in a position to support someone close to them – will want to find out about the fantastic new Family and Friends Advantage scheme at The Fairway, Taylor Wimpey’s sought-after development in Humberstone, Leicester.

This incredible investment opportunity offers friends or relatives providing a deposit up to 20% of the price of a selected brand new home at The Fairway a guaranteed 5% return on their outlay every year for the next five years.

For example, a £34,100 deposit on the superb three-bedroom ‘Scarlet’ housetype, priced £170,495, would guarantee a return of £1,705 each year and a total of £8,525 over the five-year period – that’s a quarter of the overall investment amount!

Kelly French, Sales and Marketing Director for Taylor Wimpey East Midlands, says: “Many first-time buyers are receiving help in finding the deposit needed to step onto the property ladder, whether from parents, grandparents or others who are close to them.

“Family and Friends Advantage is an innovative scheme which offers these generous people a financial reward, and can work out better than having the money sitting in the bank.

“But because the scheme is only available on a limited selection of homes, we’re urging people to come along to The Fairway now, to make sure they don’t miss out!”

A range of lenders is supporting the new Family and Friends Advantage scheme, and Halifax is offering an exclusive range of fixed and tracker mortgages with a loan to value of 80% for Taylor Wimpey customers using the incentive. This comes with an added financial benefit of refunding the valuation fee direct to the purchaser.

The three-storey ‘Scarlet’ townhouse is the perfect choice for first-time buyers, comprising a spacious lounge with French doors opening to the private rear garden, a light and airy kitchen/breakfast room and a guest cloakroom off the entrance hallway.

Upstairs, the first-floor landing leads to two bedrooms and a main bathroom, while the master bedroom with dressing area and en-suite enjoys appealing seclusion on the top floor.

The ‘Scarlet’ comes with a garage, and, like all new homes at The Fairway, is finished to a high standard specification including double glazing, central heating and a fully fitted kitchen with oven, hob and hood.

Located just over two miles from Leicester city centre, The Fairway is also just a short distance from a selection of local amenities, including Rowlatts Hill and Balderstone Close primary schools, plus a good choice of pubs and a golf club.

For commuters, the A47 is easily accessible, while Leicester railway station provides fast, regular services to Birmingham, Nottingham, Peterborough and London St Pancras. The M1 and Nottingham East Midlands Airport are also within easy reach of the development.