Taylor Wimpey is offering a stylish selection of apartments for sale in Northolt with 95% mortgages at Canal View, Grand Union Village.
West London property-seekers are being offered a fabulous opportunity to take advantage of a new Government scheme which will make it easier to purchase new apartments in Northolt at Canal View, Taylor Wimpey's sought-after development at Grand Union Village.
The NewBuy initiative will help both first-time buyers and those looking to move home by enabling them to access 95% mortgages on properties up to the value of £500,000 at the Taylor Wimpey Northolt development.
NewBuy in Northolt is set to make it easier for credit-worthy purchasers choosing Grand Union Village apartments to secure affordable mortgages with only a 5% deposit - that's as little as £7,875!
The initiative is likely to go down well with buyers in search of property for sale in Northolt, many of whom see the size of deposit as the main barrier to purchasing a new home. A recent survey by Taylor Wimpey revealed that 54% of first-time buyers had abandoned plans to buy a property in the last 18 months because they couldn't afford to save the large deposit required by mortgage lenders. 57% of those surveyed also said they thought the Government should be doing more to help first-time buyers.
Tony Woodman, Regional Sales and Marketing Director for Taylor Wimpey, says: "Time and time again our buyers tell us that it is mortgage availability, not mortgage affordability, which is preventing them from buying new flats for sale in Northolt.
"This scheme will help both those looking to get on the Northolt property ladder and those who want to move but have limited equity in their existing home, so it's good news for the market as a whole."
There's a fantastic selection of Northolt flats available at Canal View, Grand Union Village, which are eligible for NewBuy, including one-bedroom designs from just £157,500 and two-bedroom plots from just £194,950.
The beautiful one-bedroom Plot 70 apartment, for example, is priced at £157,500 and features a contemporary open-plan kitchen/living/dining room opening through patio doors to a private balcony, plus a large bedroom, a main bathroom and a handy storage closet located off the internal entrance hallway.
Selected two-bedroom apartments boast en-suite facilities to master bedrooms, with many plots enjoying scenic views of the Grand Union Canal.
Grand Union Village is a desirable waterside community laid out in carefully planned 'Home Zones', which offer a tranquil haven from the hustle and bustle of city life.
Footpaths, bridges and cycleways afford the area a relaxed pace of life, while the new marina at Grand Union Village boasts a range of shops and places to eat.
Northolt and Greenford underground stations provide easy connections throughout the city, and residents of Grand Union Village can also participate in a car-share club.
To be one of the first to find out more information on NewBuy at Canal View, Grand Union Village, property-seekers can register their interest.
Alternatively, they can visit the Sales Information Centre, located on Taywood Road, Northolt, and open from 10am to 5.30pm, Thursday to Sunday, and 10am to 2pm on Mondays.
See Also: Property News (8688), Taylor Wimpey (2492), Canal View @ Grand Union Village (0), Northolt (3)
Date Published: 22 March 2012