One bedroom homes just released in Wells

Development Updates

One bedroom homes just released in Wells

- 15 Feb 22

First time buyers have a great opportunity to secure a new home at Priory Fields in Wells. Bovis Homes has just released a stylish collection of one bedroom properties at the popular development. Home 181 is the Rose priced at £204,995. The terraced property features a large open plan kitchen, dining and living area, plus a practical downstairs toilet. Upstairs there is a spacious bedroom and a bathroom, and the property also includes storage cupboards and a parking space. To help first time buyers, the one bedroom homes are available with the Help to Buy scheme – available on new build homes up to £349,000 in the south west. It enables homebuyers to purchase a Bovis property with just five per cent deposit and a 20 per cent Government equity loan – a loan that is interest free for the first five years. This enables first time buyers to secure a new home with a 75 per cent mortgage. To be eligible for Help to Buy: - You must be a first time buyer - You’ll need a five per cent deposit of the purchase price - The property must be your only home Sales and marketing director, Sue Scholfield commented: “Help to Buy is a fantastic initiative that’s helped thousands get on the property ladder and afford the space they need. If you are uncertain about Help to Buy, we would encourage you to talk it through with our sales consultants. There are independent financial advisors available to explain the process and offer advice, so you could move to Priory Fields sooner than you think – and save money – thanks to Help to Buy.” Sue added: “The one bedroom homes provide first time buyers with a great opportunity to get on the housing ladder so do contact us if you’re interested in the new releases as you will be able to personalise them by choosing your kitchen and tile choices for a limited period.” There are also three and four bedroom houses available from £389,995, or from £200,000 with the part-rent-part-buy Home Reach scheme, with a 50 per cent share. To book an appointment contact the sales team on 01749 440026 or for more information on Priory Fields visit www.bovishomes.co.uk

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