Elevate Property Group is to hold an event solely for first time buyers at its Trent Bridge Quays riverside development in Nottingham.
The development has been approved for the next tranche of Help to Buy (HTB) and Elevate wants to demonstrate to first time buyers just how affordable luxury living can be.
Trent Bridge Quays offers the only new brand-new build waterside apartments on the river below Nottingham’s HTB regional threshold of £261,900.
David Hofton, sales and marketing director of Elevate Property Group, said: “Trent Bridge Quays has a great choice of one bed apartments and duplexes for first time buyers from £192,500 to £237,500.
“They are available to purchase with the aid of the government’s Help to Buy scheme and can be bought with just a 5% deposit, the HTB equity loan of 20% and a low interest rate mortgage on the remaining balance of 75% of the one bed apartments which start from just £192,500.
A special viewing event for first time buyers has been created on Saturday and Sunday 12 and 13 June and those interested can arrange social distanced appointments by contacting joint agents Savills Residential Sales on 0121 200 4567 and FHP New Homes and Waterside Living on 0115 841 1155.
A conveyancing solicitor and mortgage consultant will be on site to answer any queries that first time buyers may have.
A new micro-site at www.trent-bridge-quays.co.uk has been created to give a real insight into what buyers can expect.
Mr Hofton cites the one bed duplexes and three bed townhouses as proving exceptionally popular.
“Some of the one bed duplexes have a terrace enabling occupiers to step out of their living room, on to the board walk and be immediately on the river front. These one bed duplex apartments start at £220,000.
“For those in a position to proceed, they could be in their new riverside home this summer,” he said.
He noted that house prices across the UK are currently rising and Nottingham is being seen as an increasingly attractive place to live.
Other properties becoming available this summer at Trent Bridge Quays include townhouses with four double bedrooms and garden from £485,000 and two bedroom waterside apartments with balcony and river views from £345,000.