Cash-strapped house-hunters in Dartford, Kent have been given a welcome boost by Taylor Wimpey at its popular The Bridge development on the northern outskirts of the town with a shared equity offer on selected apartments. The developer is working with Dartford Borough Council to offer equity loans of up to 25% of the full asking price, interest free for up to 25 years.
This scheme brings the up-front price of a one-bedroom apartment down to as little as £85,496 and the price of a two-bedroom layout as low as £112,496. With the shared equity scheme, the buyer has 100% ownership of the property and must pay back the equity loan at the end of the loan period or when the property is sold, whichever is sooner.
Jason Stokes, regional sales and marketing director for Taylor Wimpey, says: "The Shared Equity scheme presents a fantastic opportunity for aspiring homeowners to purchase their first Dartford property without the need for a significant deposit. This incredible initiative has proved hugely popular ever since it was introduced at The Bridge, and with only a limited number of flats to buy in Dartford under Shared Equity, first-time buyers should contact us without delay to avoid missing out."
Each of these new homes has a similar specification, with central heating, double glazing and a fitted kitchen with appliances together with an open-plan living/dining room. Some of the two-bedroom homes have an en suite shower room to the master bedroom in addition to the standard family bathroom, and some properties come with allocated parking. All residents can enjoy the development's landscaped communal garden.
The development provides some wonderful views of the River Thames and the majestic Queen Elizabeth II Bridge that forms part of the Dartford Crossing. Part of the huge Thames Gateway regeneration programme, the scheme provides not only homes but a range of other community amenities. These include a new primary school, library, youth centre, nursery, parks, lakes and public spaces, generously criss-crossed with routes for pedestrians and bicycles.
Dartford itself is extremely well connected to the rest of the region, the UK and beyond. The A2, M25 and M20 are all within easy reach. Dartford has frequent commuter rail services through southeast London to the heart of the capital and from nearby Ebbsfleet International - easily reached by local bus services - there are High Speed services to St Pancras, Stratford, Ashford and numerous destinations in north Kent, as well as Eurostar routes to the Continent.
The marketing suite at The Bridge is open seven days a week from 10.00am to 5.00pm, or call 01322 800043 to speak to the Taylor Wimpey sales team.