With the widely reported credit crunch in the property market affecting the ability of many prospective homebuyers to obtain a mortgage, government-backed HomeBuy schemes are a great way for first time buyers to own their own home.
An ideal example of this is The Grange in Farnham Royal. Available through New Build HomeBuy, The Grange is about to launch its new percentage share price, which will mean that a two-bedroom, two-bathroom apartment in Farnham Royal can be bought for just £66,000.
Kush Rawal of Thames Valley Housing Association, comments "Affordability is at the forefront of home ownership in this current market. By reducing the percentage share at The Grange, these two-bedroom homes are even more accessible to a wider group of homebuyer. The more we can do to offer quality homes to aspiring buyers the better."
There were 12 apartments available at The Grange, but only nine now remain.
Homes at The Grange benefit from a fully fitted kitchen including a washing machine, oven and hob. Fitted carpets are included throughout the apartments and each home comes with an allocated parking space.
Located close to shops and local amenities, Devonshire Green is three miles from Slough train station, which provides a regular service to London Paddington in around 22 minutes.
Prices at The Grange start from £66,000 for a minimum share of 30%. Full market value is £220,000.
The new percentage share price launches on Saturday and Sunday 26th/27th July from 11am - 4pm at Flat 2, Emperor Lodge, Montague Close, Farnham Royal, SL2 3EU.
For more information on buying one of these homes, please visit www.homebuy.co.uk or ring the Thames Valley Housing New Build marketing team on 0845 35 12345 or South Bucks District Council on 01895 837248.