Award-winning housebuilder, Crest Nicholson, has announced the launch of the government-backed First Homes scheme at its popular Potter's Grange development in the leafy market town of Ashby-de-la-Zouch in Leicestershire. With a stylish and modern collection of three, four and five bedroom homes, the development is perfect for a range of home hunters.

The First Homes scheme, introduced by the government last year, aims to help first time buyers get onto the property ladder by offering up to a 50 percent discount on the market price of selected new build homes, with just a five percent deposit. To be eligible for the scheme, the property must be a new-build and applicants must be first time buyers with a household income of no more than £80,000. Applicants must also be able to access a mortgage of at least 50 percent of the market price of the property. Local councils may set additional eligibility requirements.

One of the house types that the scheme is available on is the three-bedroom Hatfield, with first time buyers being offered a 30 percent discount on the market price of their new home. The Hatfield features an open-plan kitchen/dining room and spacious separate living room which runs across the rear of the property, providing plenty of space to relax, unwind, or entertain. The ground floor also benefits from French doors opening into a private garden which flood the downstairs with an abundance of natural light. Upstairs, the Hatfield features two double bedrooms, with the main complete with its own ensuite and built-in wardrobe. The third single bedroom is ideal as a guest room, nursery or separate office space for those who work from home. The main family bathroom serves the other bedrooms and is designed with the highest quality fixtures and fittings.

Vanessa MacNee, Sales and Marketing Director at Crest Nicholson Midlands, commented: “We're proud to be providing further support for first time buyers at Potter's Grange through the government's First Homes scheme. With the end of the Government-backed Help to Buy scheme, the First Homes scheme is a great alternative which supports first-time buyers. It now sits alongside Deposit Unlock, which offers mortgages with just a 5% deposit, and Home Reach, which provides part-buy, part-rent options, as schemes available at the development.

“This is a great opportunity to join a well-established, bustling, and diverse community of homeowners, including young professionals and families. The scheme is already proving very popular, with many completions already taking place, so we advise anyone interested to get in touch with our friendly sales teams as soon as possible to check they are eligible and find out more information.”

Located just one mile from the centre of Ashby-de-la-Zouch and in the heart of the National Forest, Potter's Grange offers residents the best of both worlds living in a historic market town, whilst being surrounded by picturesque countryside. Well-known for its heritage and architecture, Ashby-de-la-Zouch boasts fantastic activities for families with Ashby Castle nearby, as well as the local Museum and the Bath grounds.  

Residents will also be spoilt for choice when it comes to local amenities. The town offers a mix of high street stores, clothes boutiques, pubs and restaurants, while Ashby Park – with a range of supermarkets and stores including M&S Food Hall – is just a five-minute drive away. For families, there is a wide range of primary and secondary schools to choose from. Just a short walk from the development is Woodcote Primary School, rated 'Good' by Ofsted, as well as the Ashby-de-la-Zouch Church of England Primary School, also rated 'Good' by Ofsted.

Commuters are well catered for too, with Burton-on-Trent train station less than nine miles away, and offering regular direct services into Birmingham, Nottingham and Derby, while the M42 and M1 are both within 10 miles of Potter's Grange. The First Homes scheme is also available at Sketchley Gardens in Nuneaton and Union Place at Monksmoor Park in Daventry.

Prices at Potter's Grange using the First Homes scheme start from £193,900 for a three-bedroom home. To register your interest and for more information our sales suite and show home are open daily from 10:00-17:00, call 01530 553 599 or visit www.crestnicholson.com/developments/leicestershire/potters-grange.  

For more information on the First Homes scheme, please visit - www.crestnicholson.com/schemes/first-homes.

-ENDS-

For further information about Crest Nicholson contact:

Email: CrestNicholsonTeam@redconsultancy.com

Call: 0207 025 6607

About Crest Nicholson

Crest Nicholson is firmly established as a leading developer with a passion for not only building high quality homes, but also for creating vibrant sustainable communities. The FTSE250 Group has a track record spanning more than 55 years and a broad portfolio of developments which range in size and scale, from large mixed-tenure developments to smaller, more traditional housing schemes operating across the South of England and the Midlands and expanding into Yorkshire as part of its ambitious growth strategy. As a pioneer of its own placemaking principles, the Company advocates a holistic approach to development, embracing social, environmental and economic factors to create homes and invest in valuable new amenities for the benefit of new and existing residents. These developments are founded on good design, high-quality green spaces, and the greater involvement of local people in both vision and long term management.

The company has Silver accredited membership of the 5% Club's 2022-23 Employer Audit scheme, recognising significant contribution to schemes such as Apprenticeships, Graduate Schemes and Sponsored Students Course Placements.

It is consistently listed in the FTSE4Good index.

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