Taylor Wimpey is offering first time buyers an easy route into home ownership at its Limes Park development.

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  • Quick-off-the-mark first time buyers are wasting no time in taking advantage of the government-backed First Buy scheme at Taylor Wimpey's Limes Park development in Basingstoke.

    This initiative allows qualifying purchasers to access a selection of properties at Limes Park for just 80 per cent of their full price - and fast-acting first time buyers have already secured a third of the great value new build homes in Basingstoke available under the scheme.

    With the limited First Buy allocation of houses for sale in Basingstoke selling fast, first time buyers are being urged to act now or risk missing out on this amazing opportunity to step on the property ladder at this popular and well-connected development.

    Tim Betts, regional sales and marketing director for Taylor Wimpey, says: "First Buy is proving a huge hit with first time Basingstoke property seekers looking for an affordable way into home ownership in Hampshire.

    "First time purchasers have already snapped up a third of the First Buy allocation at the development, but with a selection of fabulous Basingstoke properties still available at Limes Park, property seekers should hurry along to find out more about this sensational incentive."

    First Buy lets qualifying first time buyers secure homes from a limited selection at Limes Park for just 80 per cent of the full purchase price, including a 75 per cent mortgage and a 5 per cent deposit, subject to status.

    The government-backed scheme works thanks to a 20 per cent joint loan from Taylor Wimpey and the Homes and Communities Agency (HCA), which is repayable at the end of the 25 year mortgage term or when the property is sold. The scheme is open to first time buyers with total household earnings under £60,000.

    Just one of the properties available under First Buy at Limes Park is the three bedroom 'Lancaster' townhouse, priced £279,995, and accessible to qualifying purchasers for an 8 per cent First Buy price of just £223,996.

    This home boasts a spacious reception room on the ground floor which opens through French doors to the private rear garden and which could alternatively be used as a study, while a handy shower room and integral garage complete the downstairs layout.

    Upstairs, the first floor landing leads to a wonderful kitchen/dining room and a generously sized living room, plus a guest cloakroom, while the ensuite master bedroom, two further bedrooms and a main bathroom occupy the top floor. Outside, the property benefits from allocated driveway parking.

    Alternative three bedroom home designs are available at Limes Park from just £269,995, while four bedroom homes are priced from only £314,995.

    Limes Park is located on the north western fringes of Basingstoke with the town centre just two miles from the development.

    Basingstoke itself combines historical influences with bustling modern shops and exciting leisure pursuits, while Festival Place shopping centre comprises more than 150 shops, restaurants, bars and cafés.

    The town is also home to a choice of music venues, multi-screen cinemas, tennis courts, a leisure park, sports clubs, an ice rink, a swimming pool and bowling alleys. The open countryside is also just a stone's throw away, offering nature trails and opportunities for woodland walks and cycling.

    Click here for the latest government incentives.

    Some information contained herein may have changed since it was first published. SmartNewHomes strongly advises you to seek current legal and/or financial advise from a qualified professional.

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