First-time buyers are being urged to grab a fantastic opportunity to purchase a brand new property in Eastbourne at Taylor Wimpey’s Regency Park development – without having to scrape together a hefty deposit.
The leading housebuilder’s amazing Easy Start initiative means first-time buyers in the hunt for flats in Eastbourne can secure selected two-bedroom apartments in Penshurst House for just 85% of the price tag – that means as little as £112,621*!
Under this incredible scheme for the developer’s Eastbourne flats, all the purchaser has to do is find a 5% deposit – only £6,625 – and Taylor Wimpey will help arrange a mortgage covering 80% of the price.
The remaining 15% equity is provided by the housebuilder in the form of an interest-free loan to boost the down-payment on the property, which can be repaid in up to three instalments over a 10-year period.
Mark Pajak, Regional Sales and Marketing Director for Taylor Wimpey, says: “Many buyers dream of living in a splendid seaside location, meaning properties in Eastbourne are highly sought-after. Our fabulous Easy Start initiative can make owning a home a reality for buyers looking for apartments in Eastbourne who would otherwise struggle to raise enough money for a deposit on their first property.
“The purchaser owns 100% of the property from day one and is free to make payments during the 10-year period to suit their individual circumstances in up to three instalments.
“However, property-seekers hoping to secure a brand new home using Easy Start at Regency Park should act quickly as there are only a few apartments in Penshurst House remaining.”
Two-bedroom Penshurst House apartments are the ideal choice for professionals, couples or downsizers looking to set up home in this sought-after property hot-spot on the south coast.
Priced from only £132,495 – or just £112,621 with the Easy Start scheme – these spacious two-bedroom apartments feature a contemporary semi-open-plan kitchen and living/dining room with patio doors leading outside to a private balcony. Two good-sized bedrooms, a bathroom and handy storage closet complete the generous accommodation.
As an alternative to the Easy Start scheme, Taylor Wimpey also offers a Deposit Match scheme to help buyers make a larger initial investment in their first home and reduce the size of their mortgage. If buyers can put down a deposit of up to 10% of the purchase price of their new home at Regency Park, the housebuilder will match it in the form of a 10-year interest-free loan.
All incentives can be tailored to customers’ circumstances and are subject to availability, with further details available from the Sales Executive.
Enjoying a beautiful location on the edge of Princes Park and close to Eastbourne marina, the stunning Penshurst House apartments available at Regency Park have been thoughtfully designed to appeal to all ages and all types of buyer – from first-time purchasers and downsizers through to property investors.
Eastbourne, known as the ‘Sunshine Coast’, holds England’s record for the most hours of sunshine in one month, and is well known for its milder winters.
Nestling at the foot of the South Downs, the town boasts excellent lifestyle opportunities including two shopping centres, a range of individual seafront boutiques and the fashionable stores and restaurants of The Waterfront at Sovereign Harbour.
The town is famous for its award-winning parks and gardens, while those who enjoy an active lifestyle will appreciate the marina’s sailing facilities just minutes from the development, and a choice of nearby swimming pools and gyms.
A selection of local schools cater for children of all ages, while the area is well served by public transport, with buses to the town centre every 10 minutes, and Hampden Park and Eastbourne Railway station close by, providing services to London and Brighton.
The Regency Park Sales Centre is located off Wartling Road / Lottbridge Drove, Eastbourne, open Wednesday to Monday from 10am until 5pm.
See Also: Property News (0), Taylor Wimpey (0), Eastbourne (0), Regency Park (0), Penshurst House (0)
Date Published: 02 July 2010
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