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Dream Living More Affordable for Homebuyers in Gloucester

Hunts Grove - living room interiorRising property prices and greater restrictions on mortgages have made it increasingly difficult for homebuyers to secure a new property. However, Crest Nicholson is making dream living more affordable for homebuyers in Gloucester with its EasyBuy scheme. At Whitsone Hundred, the latest phase of Crest Nicholson’s Hunts Grove development, homebuyers can secure a four bedroom home for just £174,208.

With EasyBuy, purchasers of the scheme have an opportunity to own 100 per cent of their new home at 85 per cent of the price, paying no rent or interest on the outstanding 15 per cent for the first five years. The EasyBuy scheme provides an excellent opportunity for homebuyers to buy their home whilst removing some of the initial financial burden, perfect for first time buyers trying to get a foot on the property ladder.

Unlike similar schemes, with Crest Nicholson’s EasyBuy there is absolutely no rent to pay or interest accrued on the outstanding 15% of the property’s equity for the first five years. The remaining 15% is left outstanding as a loan for up to ten years secured by a second mortgage. The customer pays 0% interest fixed on the outstanding 15% for the first five years and only 3% interest pa (typical 3.00% APR) thereafter.

Tim Ridges, Sales Manager for Crest Nicholson, said: “The current climate has meant it has been very challenging for first-time buyers to get onto the property ladder. EasyBuy means that they can stop lining their landlord’s pocket and own a home of their own, but can also be used to help other groups of buyers stretch their budgets and perhaps buy a bigger property than they would otherwise be able to afford.

“Our EasyBuy scheme at Whitstone Hundred allows buyers to secure their desired home but alleviates some of the initial financial burden, in terms of a large deposit or high interest payments. Potential buyers should not hesitate and come and look round the remaining properties available with our EasyBuy scheme.”

Whitstone Hundred, which is set in an enchanting location close to Gloucester city centre, the M5 and the glorious Gloucestershire countryside, offers first time buyers and families a choice of 2000 fantastic properties. These include a range of two bedroom apartments and two, three and four bedroom homes, built in a variety of sizes and styles to suit all types of buyer. The historic village of Hardwick is also close by with its popular green and pond, as well as a selection of public houses.

The four-bedroom three-storey Kennet, which is available through the EasyBuy scheme, offers buyers spacious accommodation and is perfect for families boasting a large living room and an open plan kitchen/dining area which opens out directly onto the garden. There are two bedrooms on each of the upper floors, with the master bedroom benefitting from an en-suite bathroom. The special addition of carpet throughout and a turfed rear garden is also currently available on this property.

Prices at Whitstone Hundred for a four bedroom Kennet home currently start at £174,207 using the EasyBuy scheme. For more information about Whitstone Hundred, and the properties available, please contact the sales team on 0870 753 1866 or email whitstonehundred@crestnicholson.com.

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