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A new scheme designed to help struggling first-time buyers seeking to get a first foot on the property ladder with a Government-backed mortgage has been launched today.
The NewBuy Guarantee initiative will offer up to 100,000 homebuyers currently unable to purchase a new home access to a mortgage at up to 95% loan-to-value to either buy their first property, or upsize to a larger home.
The latest survey from the Home Builders Federation (HBF) reveals that nine out of ten homebuyers are happy with the overall quality of their new property, and that customer satisfaction levels are rising. The annual report shows the results of polling thousands of purchasers of new-build homes in the UK, and demonstrates the very high standards of build quality and customer service that homebuyers can expect from housebuilders around the country. In a challenging market, it is the new-build sector that is pulling out all the stops to give homebuyers what they want.
Housebuilders are currently promoting some superb special offers on a wide range of new homes in Herefordshire, both in the city and in quieter locations - giving house buyers of all budgets plenty of food for thought. Here are a few of the deals that have caught our eye this week.
In the fast-growing commuter town of Portishead near Bristol, several developers have created a diverse collection of new homes around the bustling, cosmopolitan marina - including Crest Nicholson, Persimmon, Taylor Wimpey, Linden Homes and Charles Church.
Leicestershire takes its name from its county town of Leicester, which enjoys good transport links with the M1 motorway and a direct train route into London. The county boasts a wide range of housing options, including a vast array of new-build apartments and new houses for sale.
Shared ownership and shared equity schemes are available across Kent, offering help to those who might otherwise not be in a position to buy a brand new home. A range of affordable new homes in Kent are available under these schemes, which are a partnership between developers, housing associations and the Government.
As the family moves on, an increasing number of us are downsizing to smaller more manageable new homes. Downsizing can release cash to help in retirement, or help children get a foot on the property ladder. Surrey offers open countryside, yet is close to London, and enjoys great road, rail and air transport links. Moving on from the family home doesn't mean closing the door on family and friends with developers in Surrey offering a range of two- and three-bedroom new houses with space for weekend visits from loved ones.
Whatever lifestyle you're looking for in the Garden of England, there are new homes in Kent to suit you. High Speed trains now link much of the county to Central London in less than an hour, while beaches, country parks and miles of open countryside offer a truly rural experience.
Crest Nicholson's new build homes at its Harbourside development in Bristol's city centre are proving extremely popular with homebuyers, illustrated by the fact that there are just 17 of the 272 new homes remaining for sale.
Crest Nicholson is currently redeveloping the area formerly known as Canon's Marsh into a highly desirable place where people can live, work and relax, and the response from homebuyers has been extremely positive.
There are plenty of reasons why house hunters in the South East might consider the benefits of buying new homes in Epsom, Surrey. The town and its surrounding district regularly score highly in quality of life surveys and it lies in some lovely Surrey countryside, yet is just half an hour from central London and close to the M25 and Gatwick Airport.