Opening evening at Lakeshore to offer support for FTBs

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Head down to the open evening at the Urban Splash 'Lakeshore' development

An open evening at the Urban Splash ‘Lakeshore’ development at Crox Bottom in South Bristol is set to offer support and advice to First Time Buyers (FTBs) considering the scheme.

Selling agents, financial advisers and legal experts will be on hand to guide FTBs through the process at the drop-in event being held at the brand new show apartment at Lakeshore, on Thursday 26th October from 5pm.

Just five one-bedroom apartments remain on the market. With all properties eligible for the government’s Help to Buy scheme, selling agent Savills is keen to demonstrate the opportunities available for FTBs.

Vicky Dudbridge, director at Savills in Bristol comments, “With a starting purchase price of £175,000 for a one bedroom apartment, Lakeshore becomes an option for many first time buyers who may otherwise have been priced out of the market in city locations.

“What’s more, with a 5 per cent deposit and 20 per cent loan from Help to Buy, monthly mortgage repayments on the remaining balance work out at considerably less than the cost of renting an equivalent property. When buying a property becomes more affordable than renting, it becomes a compelling option.

“The remaining apartments at Lakeshore are completed and ready for occupation. The scheme as a whole has a great deal to offer; its location just three miles from the centre of town, its own lake and setting in 10 acres of green space, sleek modern interiors within the grade II listed former industrial building and the generous living space offered both inside and out."

To attend the upcoming event or for further information about the development, contact Savills in Bristol on +44 (0) 1179 100 321.

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