Last Apartment Up For Grabs At Coachmans Court

Published by Jon Land for Orbit First Step in Housing

Last Apartment Up For Grabs At Coachmans Court

Don’t miss your last chance to get an affordable home of your own

With just one property now remaining at Coachman’s Court in Moreton in Marsh, Orbit First Step is advising those seeking an affordable new home in the area to act quickly if they want to have a chance of purchasing it.

Built by Cala Homes, the one-bedroom apartment features a modern fitted kitchen with an oven, hob and extractor, washer/dryer and fridge/freezer, as well as double glazing and gas central heating, carpets throughout, and an allocated parking space.

The apartment is available via two low-cost home-ownership options. Under the New Build HomeBuy scheme, most purchasers raise a mortgage to purchase a minimum 25 per cent share of the property (£30,000) and pay a discounted rent on the remaining share. The added beauty of the scheme is that you have the opportunity to ‘staircase’ – purchase additional shares in the future, if you wish, until you own the property outright with no further rent to pay. It is estimated that this property will be affordable to anyone with an income of £14,000 or more.

For extra added peace of mind, Orbit First Step is also offering free mortgage payment protection which helps you pay your mortgage and rental payments for up to 12 months if you are unable to work due to accident, sickness or involuntary unemployment.

Alternatively, the apartment is also being offered under the Rent to HomeBuy scheme, which enables people to move into the property they want to purchase straight away as a tenant and pay a discounted rent which is currently an incredibly competitive £380 per calendar month. While they are renting, they are encouraged to save for a deposit – Orbit First Step will even match the savings made by buyers whilst renting the property (terms and conditions apply) – effectively doubling the level of deposit they can put down on the property which they can then buy through the New Build HomeBuy scheme.

Ideally situated, Coachman’s Court offers residents the opportunity to enjoy all that the charming Cotswold town has to offer whilst being within easy commuting distance to larger towns and cities nearby. Located close to Moreton-in-Marsh train station, residents can take advantage of regular train services to London Paddington and Worcester or easily access major towns including Cheltenham (22 miles), Oxford (27 miles) and Stratford-upon-Avon (17 miles) by car.

Orbit First Step’s Sales and Marketing Manager, Diane Webster said: “Not only does this development benefit from being located in a delightful Cotswolds market town, but the two fantastic purchase options have rendered it exceptionally popular among our clients. The market is showing signs of improvement and we only have one apartment left so anyone who is interested in snapping it up needs to contact us soon before the opportunity passes them by. Don’t lose the chance to become a home-owner by assuming you won’t be eligible – we can potentially help anyone with a household income of up to £60,000, whatever your situation; whether you are a first time buyer, Key Worker or otherwise in housing need. Just give us a call and we can give you all the information you need.”

If you are interested in the last apartment, please call a member of the sales team on 08458 50 20 50 or visit www.orbitfirststep.org.uk where you will find details of this and other developments in the region that are available to purchase under the New Build HomeBuy and Rent to HomeBuy schemes.