Help to Buy with Hopkins Homes

Help to Buy* with Hopkins Homes in Felixstowe

On Saturday July 27th between 10am and 2pm, Fenn Wright Associate Partner and New Homes Residential Manager Maria Montgomery will be among the team, along with Just Mortgages, the new build mortgage specialists, explaining the new scheme to prospective purchasers and guiding them through every step of the process whilst showing off the few remaining available properties at The Martellos.

There are just eight 1 and 2 bedroom apartments with guide prices starting at £112,995 and six 3 and 5 bedroom family houses starting at £269,995. The apartments have car parking spaces and attractively landscaped gardens, while the houses have garages as well as additional parking.

Maria explained that the Help to Buy scheme is open to everyone (subject to status), providing the new property would be the only residence, and is available on new build up to the value of £600,000.

"The purchaser is required to have a 5% deposit, but then the Government lends up to 20% with no loan fees for the first five years, leaving a mortgage of 75% to be found and funded" she said. "When the property is sold on, the Government will receive 20% of the sale value unless the loan has been repaid sooner."

"Experts will be on hand on Saturday to answer all questions in detail and there will also be specialist mortgage advisors to assist with arranging funding."

She added that the The Martellos is proving popular with buyers from all age groups, from first time purchasers to retirees down-sizing.

"Out of the 54 units available for sale 74% are either sold or under offer and there are only five in total still remaining to be released.

Their popularity is obviously due to the high quality of build and finish, and also the location, close to both the sea and the town centre."

Felixstowe is a really vibrant coastal town with all sorts of activities to take part in and excellent facilities and amenities close by. The vast, open-air Sunday Market on the sea front is a must see, along with the monthly Farmer's Market. The beach is amongst the best stretches of sand in Suffolk and golfers are truely spoilt with the Felixstowe Ferry Golf Club, one of the oldest courses in the UK established in 1880. This stunning links course with coastal views out to the North Sea is a golfer's paradise.