Are you living or working in the Runnymede borough? You could buy your new First Home at Woodlands.
Woodlands is a development of just 19 new homes - including 6 ‘First Homes’, flawlessly assembled in harmony with the surrounding Ottershaw nature. Woodlands is ideally located for discovering the charm of this green and scenic part of Surrey.
First Homes is a Government backed scheme designed to help
first time buyers onto the property ladder in England. Under the scheme, homes
are offered for sale with a discount of at least 30% of the market value.
From 30th November these First Homes will be released
for sale from Water’s Edge in Mytchett, no appointment is necessary and the
apartments will be reserved on a first come first served basis.
The new First Homes apartments at Woodlands are complimented with a specially selected
specification designed to provide stylish, comfortable and calm interiors.
About First Homes
In order to purchase a “First Home” at Woodlands, buyers will need to meet certain local connection eligibility set by the local authority, such as being a current resident in the Runnymede borough for the last 3 years, having a local connection for example working in the borough for more than 12 months, if you are in the Armed Forces, or there maybe exceptional reasons for allowing a discretionary local connection.
The other key criteria are:
• All purchasers must be 18 years or older and must be first time buyers.
• The gross household income does not exceed £80,000 per year
• You must be able to obtain a mortgage for at least 50% of the discounted purchase price. You will need to have a deposit of a least 5% of the discounted purchase price.
• The new home must be your only home.
Join us at Water’s Edge on 30th November to reserve one of these 6 First Homes apartments (subject to eligibility).
Nicholas King Homes Sales Executives will guide your through your purchase and provide you with the details of independent financial advisors who are experienced in the First Homes scheme to ensure you are able to secure the required mortgage and also provide you with independent solicitors who will be able to act for you during your purchase.