first time buyers initiative
Why rent when you can buy - now you
CAN afford to own your own home!
Countryside Properties and Tower Homes are making affordable new homes available at The Old Baths in Bexleyheath. These stunning new apartments are being offered to key workers and other qualifying buyers as part of the Government’s new First Time Buyers Initiative; they can be reserved now for a limited period. With this special scheme, you will be able to buy your first home with an affordable mortgage and with assistance from the First Time Buyers Initiative. There won't be a better opportunity to get on the property ladder!
Go to Register page
Buy a 1 bed apt with a mortgage of approx. £90,000*
Buy a 2 bed apt with a mortgage of approx. £110,000**
This really is your best chance to take your first step
to 100% ownership of your first home!
Visit our Marketing Suite and find out from our Sales Consultants just what we have to offer and to get a more detailed description of how the scheme works. We have independent financial advisors available to help you along the way. (a brief qualification and vetting process will apply to make sure you are able to take advantage of this incredible deal).
The First-Time Buyers Initiative Buyers brochure is available to download
The First-Time Buyers Initiative Buyers’ guide
(updated January 2008) is available to download
*Based on a full purchase price of £180,000; 100% FTBI mortgage £81,000 = 45%, FTBI buyer pays 5% equity deposit £9,000 = 5% (FTBI buyer’s mortgage plus cash deposit must equal at least 50% of the full purchase price). Government contribution of £90,000 = 50%. Prices shown are for illustrative purposes only. Eligibility conditions apply. 50% is the maximum government contribution. Some applicants will qualify for lower levels of assistance. Please ask Sales Consultant for more details. **Based on a full purchase price of £220,000. ***Based on a full purchase price of £260,000. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR IF YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN DOUBT SEEK INDEPENDENT FINANCIAL ADVICE. 6% APR TYPICAL
Metropolitan Home Ownership Home Buy