Right time To Buy For First Timers On Bristol's Waterside

Feb. 25, 2009 - PRLog -- First time buyers looking for an ideal opportunity in the heart of Bristol are being advised to pay a visit to Crest Nicholson’s (Regeneration) Harbourside development.

Once there they will find a number of properties ideal for that first move including a selection of one and two-bedroom apartments in Tiller House which is part of The Crescent building.

Not only are these properties ideal for those looking to get a first foot on the property ladder but the sales team believes there will never be a better opportunity to buy a brand new home as opposed to renting.

Located on the edge of the city’s historic floating harbour, Harbourside enjoys the benefits of a stunning new waterside development and all the trappings that city centre living brings.

Vicky Dudbridge from selling agent King Sturge said: “With interest rates at an all time low it means repayments on any loan have become much more affordable. The result is people can buy an apartment in the heart of the city for less than many pay in rent.

“We all know that you never see rental payments back and many people are paying up to £1,000 per month to rent properties in central Bristol as well as in the development, so for those who see their long-term future in the city, buying makes complete financial sense. This really is too good an opportunity to miss.”

Help at Hand

But it’s not just the affordability and opportunity to own a property that is attracting house-hunters. Those looking to buy at The Crescent can take advantage of Crest’s Easy Buy scheme. Available on selected plots the scheme means buyers pay 75% of the purchase price, but still own 100% of the property. The remaining 25% of the price is left outstanding as a loan for up to 10 years*.

In means one-bedroom apartments are available for sale in Lanyard House from the Easy Buy price of £138,750 instead of £185,000 with two-bedroom apartments from the Easy Buy price of £172,500 instead of £230,000.

Vicky added: “We are in an enviable location and people realise that this is a fantastic opportunity to purchase a new property right on the water in the heart of the city. With all the amenities on their doorstep, purchasers cannot find what we have to offer anywhere else in Bristol and are continuing to buy here despite the economic downturn.”

For further information on apartments for sale please call 0117 908 8888 or visit http://www.harbourside.co.uk . Alternatively please visit the marketing suite on Cathedral Walk which is open daily from 10am to 5pm.

* 0% interest pa fixed on the outstanding 25% for the first 5 years and 3% interest pa thereafter.

ENDS

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