Arcadia Has The Whole Package

The 80/20 shared equity scheme has proved to be extremely popular at Arcadia, especially for first time buyers, because the 20% deposit is paid up front by Elan Homes and the remaining 80% is then paid by the homebuyer; with the 20% equity being lent on an interest free basis over the next ten years.

“This is a great opportunity for homebuyers”, says Marie Wilkinson, Sales Director for Elan Homes. “Many potential first time buyers have told us that they are struggling to get a deposit together in order to purchase a property, so the shared equity scheme will really help them out. With the shared equity scheme, those purchasing a stunning one-bedroom apartment at Arcadia will only pay £224 per month for 80% of the equity on a repayment mortgage, so you can see why many people are so keen to find out more.”

“There is a slight difference, which has come into play in the last couple of months, which homebuyers should be aware of”, says Andrew Mannion from RSC Financial Services. “Purchasers are now required to put a percentage of the 80% forward as a deposit on top of the 20% paid up front by the house builder. Elan Homes requires just 5% of this amount however, compared to a more common deposit of 15% if not purchasing through a shared equity scheme.”

The new apartments for sale are finished to a high level of specification; the kitchens are contemporary in style, featuring integrated appliances, as well as a whole host of beautifully crafted surfaces, splash backs and storage units. The bathrooms have modern, white suites, with chrome fixtures and fittings, and incorporate thermostatically controlled showers and heated chrome towel rails.

Arcadia is ideally situated, within close proximity to the town centre and all of its amenities. There are communal gardens to the rear, as well as a beautiful brook, which runs behind the apartments. The level of wildlife that the brook attracts to this town centre location is quite unique for such a development, and it makes for a real oasis.

For more information on the development or to register your interest, please call the marketing suite on 0845 481 8801, or visit www.elan-homes.co.uk. The Arcadia development is located at Waterside Gardens, Eagley Brook Way, Bolton, BL1 8TS.

Tuesday, Nov 17, 2009

"If at any time you require assistance with any aspect of the purchasing process, from sourcing a mortgage to choosing a Solicitor, or with any other queries relating to the property itself, please do not hesitate to ask"

For more information on Arcadia - Block 5 | New Apartments for sale in Bolton | BL1 8WD | Apartments in Greater Manchester | North West please see below...

Arcadia - Block 5 | New Apartments for sale in Bolton | BL1 8WD | Apartments in Greater Manchester | North West Bolton

Arcadia is a characteristic development of 1 and 2 bedroom apartments fringed by woodland and water in the gentle, sloping retreat of the Valley, Bolton.

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For more information on New Apartments for sale in Greater Manchester, Bolton, BL1 | New homes Arcadia - Block 1 please see below...

New Apartments for sale in Greater Manchester, Bolton, BL1 | New homes Arcadia - Block 1 Bolton

Exclusive 1 and 2 bedroom apartments bordered by woodlands and water, in a mini-Greenbelt conservation area on the slopes of The Valley, near Bolton town centre.