The Somerset development built by award-winning independent builders C G Fry & Son has to-date sold five of its 30 private houses under this scheme.
The *‘Help to Buy’ Equity Loan scheme (*see Notes to Editor) helps first time buyers and those looking to move up the property ladder to purchase a new-build home. The government-backed initiative was set up to help new and existing home owners to purchase a property with as little as a 5% deposit.
The couple who have been married for four years originally re-located from Bristol to a rented house in a Somerset village as they could not afford to get in to the local property market.
Anthony who grew up in South Petherton says: “I created a financial spreadsheet and worked out that it would take us at least five years to get on the property ladder by saving a 20% deposit and getting a mortgage. We wanted a family home sooner and were delighted when we heard that there was this scheme available. I was already aware of the excellent reputation of C G Fry & Son so when we heard about the scheme for new-build homes we decided to visit their Somerset development. I worked out if we were a successful applicant then we would spend less on the monthly mortgage and have our own home than we were paying for rented accommodation which was not a practical living space for young children.”
Fern Green based on the edge of Langport is the latest C G Fry & Son Somerset development following the successful completion of adjacent Old Kelways based on the site of the original nursery. The houses at Fern Green have generous proportions, good-sized gardens with the combination of traditional craftsmanship using modern materials and technique’s to recreate the look of those properties built centuries before. Surrounded by unspoilt countryside the development is within easy commuting distance of Yeovil, Taunton and Bridgwater with good local amenities.
Anthony and heavily pregnant Katey moved in to their new house together with their young son Max aged 2.5 years.
Katey comments: “Anthony and I don’t normally like new houses as the majority are so box-like and we wanted space and a decent size garden in a safe area to bring up a family. Fern Green has a lovely feel to it and it is within walking distance of shops and cafes and there are good local schools. When we visited the site, we were immediately impressed with the layout, the wider roads, open green spaces and the houses were not crammed in. The quality of the house is really high and there is plenty of storage with a well-thought out and practical layout. The sales office staff were very helpful and made it easy to apply for the ‘Help to Buy’ scheme.”
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