Reputable and esteemed housing developers Blue Bay Homes, credited with the fantastic Bay View Development within Deganwy, have announced that their new project- The View By Blue Bay, is subject to the Welsh Government’s Help To Buy initiative – widely praised to assist hard-working members of the public take steps in order to purchase their own home whereas they cannot otherwise due to budget constraints.
The Help To Buy scheme assists buyers whom are buying a new-build home which is up to the value of £300,000, have a minimum of 5% of the deposit price of the property they wish to purchase, can afford the repayments on a conventional 75% repayment mortgage, and are buying the property for personal residence. Essentially, Help to Buy is considered an excellent scheme which can give buyers an initial foot up – whereas normally, even if they can afford a mortgage, the first step is beyond their means.
Wales’ Help to Buy Scheme differs from the similarly titled scheme within England. Unlike the English Help To Buy Scheme, those who are not first-time buyers are welcome to apply for assistance. However, the grant cannot be afforded to those who are buying a secondary or tertiary residence. The point of Help To Buy is assistance toward those that need it, and second and third homes are quite simply not for those in need.
While there are a handful of Help To Buy developments already existing within the North Wales region, finding one as well-connected to major North Wales towns such as Conwy and Llandudno, as well as Rhos-On-Sea and Colwyn Bay itself is a difficult task. These beautiful Help to Buy apartments in Colwyn Bay are quite frankly wonderful.
The View by Blue Bay Homes seems to be enviable for a number of reasons. Great location, Wonderful natural views, and extremely high build quality with a number of bespoke features included in every apartment and house to ensure a buyer’s choice is reflected within the decor. That, in Help to Buy, is extremely special and not often seen.
The properties are partially furnished at the build, with each boasting a stainless steel oven and hob with a stainless steel and canopy hood, together with a fridge freezer, a choice of high-quality kitchen cabinets with a range of finishes to choose from, an integrated dishwasher.