The Government’s new Help to Buy initiative is now being offered by Weston Homes at Swale Park, a popular residential development nested between the coastal town of Whitstable and the pretty Kent countryside. The scheme will enable those looking to secure their dream home at Swale Park to do so with a deposit of just 5%.
The developer is also set to release their final phase of one and two bedroom apartments with prices from £129,000, offering a wider choice of options for prospective buyers eager to take advantage of the new low-deposit scheme. The introduction of the initiative means that both first time buyers and current home owners do not need to save the traditionally large deposits often required by lenders, and that buyers can secure a home at Swale Park with a deposit as little as £6,450. Help to Buy will guarantee 20% of the price as an equity loan, repayable on the future sale of the property.
Swale Park will comprise 236 contemporary homes in a variety of sizes, styles and layouts offering homes that appeal to a wide range of buyers from young professionals and first-time buyers to families and downsizers.
The apartments at Swale Park are finished to the Weston Homes signature high standard of specification. State of the art bathrooms and en-suites feature contemporary fittings. Fully integrated kitchens come with a choice of designer units and worktops and high quality appliances. Sky+ facilities and telephone points are pre-installed in lounges and master bedrooms, and quality wooden flooring features throughout.
Bob Weston, Chairman and Founder of Weston Homes, comments: “Help to Buy is a wonderful initiative by the Government that offers buyers a helping hand when making their first or even second property purchase. We’ve made the scheme available in our new collection of apartments at Swale Park to attract buyers to the scheme who have perhaps thought that owning a dream coastal home, which is the desire of many, is out of reach. Good location, quality finishes and access to Help to Buy in this established development will most certainly sustain the strong interest we have already seen.”
In recent years, Kent’s coastal resorts have become increasingly popular with people wanting to find a relaxed location for seaside living with direct train services to London. Other parts of Kent and South East England are close to hand via the A2 and M2 and the ports of Ramsgate and Dover, less than an hour’s drive away offer direct travel to France and Belgium.
Whitstable’s charm with its array of chic boutiques, galleries, bars, cafes, restaurants and the annual Oyster Festival draws visitors and locals alike. Canterbury, with its famous cathedral and excellent shopping, is only a 15 minute drive away, with several other historic resorts and fishing ports including Herne Bay, Broadstairs, Ramsgate and Deal within easy reach.
The new collection of apartments will be on sale from mid-August with anticipated completions in summer 2014. A new sales office is now open on-site with excellent models detailing the design of the development and expert sales consultants are on-hand to offer advice and further information to those interested in the homes available. Prices start from £129,000