Luxury Help to Buy Apartments in Colwyn Bay
Getting on that first step of the property ladder is a serious struggle for so many. Not only do you have to go through the process of having your earnings and spending habits scrutinized before you’re even seen fit to take on a hefty mortgage, you also typically have to have quite a large chunk of deposit saved up from your own pocket.
No matter how hard you work, in this day and age it can be a challenge to amass a reasonable amount of savings.
Thankfully, the Welsh Government understands that this first step can be incredibly difficult, and have created the Help to Buy North Wales scheme.
This scheme essentially allows you to apply for a mortgage with only a 5% cash deposit of your own. The additional 20% will be loaned to you from the Government, allowing you to apply for a 75% mortgage.
For the first five years of living in your home, you won’t be charged any loan fees from the Government, allowing you to settle into your new home with minimal stresses.
As long as your potential home is under £600,000 and you are a first-time buyer, you are eligible for the scheme. When it comes to houses and apartments involved within this very beneficial scheme, you’ve got an excellent selection here in North Wales.
One particular apartment development which has gained a lot of interest and surprised many with its Help to Buy status is the ‘The View’ development by Blue Bay Homes, which features 29 luxury apartments in Colwyn Bay.
The enviable cliff top location of these stunning apartments has allowed them to have magnificent views of the coast from each balcony. For those who have always dreamed of living close to the sea, this is an excellent opportunity.
Adorned with quality fitting and fixtures within every room, it’s incredibly difficult not to fall in love with these apartments from your very first visit.
The surrounding location of the apartments also has plenty to offer the future residents. With popular seaside towns such as Llandudno and Conwy just a short drive away, there’s always plenty to see and do in the area.
The A55 express-way is also just a short distance away, making commuting to the nearby cities such as Chester, Liverpool and Manchester a breeze. If you’re looking to buy your first home and are looking for a property which offers a little more luxury than the rest, The View apartments are an excellent choice.
