
23 April 2009
First time buyers can now make that initial step on the property ladder with ease, thanks to the 75/25 scheme currently available at Kebbell Homes’ Jupiter Court development in Cippenham, near Slough. This bespoke collection of 24 spacious and stylish two-bedroom apartments is found in an attractive residential environment on Stowe Road, within four striking and varied apartment buildings. Under the terms of Kebbell’s 75/25 scheme, buyers at the development can defer up to 25% of the purchase price of their new home until the property is resold, with no interest payments to be made in the meantime and no burden on the budget. Some lenders will also take this 25% as the deposit, leading to favourable interest rates as the loan to value ratio is lower. With just three luxurious apartments remaining, homebuyers taking this option will be able to secure their dream apartment from just £149,962. Kevin Parsons, Mortgage Consultant at KBL Associates, says that the property market currently favours first-time buyers and he has the following advice to boost confidence amongst any hesitant home-seekers: “First-time buyers currently find themselves in a strong position as there are lots of advantages being offered,” he says. “The biggest attraction by far to the 75/25 scheme is that there may be no deposit to pay, which means homebuyers will be able to buy now at Jupiter Court, rather than wait around whilst saving enough money for a deposit. Also, there are currently no 100% mortgage schemes out there but anyone taking up this scheme, subject to the usual checks on credit and income, will still in effect be getting one.” He adds, “Many first time buyers who thought they would be unable to get a mortgage will now find that a home of their own is at last within their reach.” Gin Roaf, Sales and Marketing Director for Kebbell Homes says, “We understand how difficult it is for our buyers to make a big decision in difficult times and the 75/25 plan is just one of a number of deals we offer to enable them to live in style in a brand new Kebbell home. Only three apartments now remain here at Jupiter Court, which offers spacious properties in an attractive yet private setting - the perfect conditions for first-time homebuyers. All properties come with carpets, light fittings and window treatments.” The location of Jupiter Court is also wonderfully convenient for travel, making it excellent for commuters. Junction 7 of the M4 and Burnham railway station are close by, whilst Heathrow Airport is only a 20 minute drive away. Away from work, Slough town centre is just a short distance away and offers a good selection of shops, wine bars and bistro pubs.
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