Property developer Far East Consortium (FEC) is showing its appreciation of ‘heroic’ NHS staff and care workers by offering to make a five per cent deposit contribution on homes at two of its major Manchester schemes.
The offer on properties at MeadowSide and New Cross Central is in recognition of the service of NHS staff in hospitals and workers in care homes during the COVID-19 crisis.
Gavin Taylor, regional general manager at the Manchester office of Far East Consortium, said: “Given our country’s current situation, we know how important the work of our NHS staff and care workers has been at this time. We wanted to show our gratitude and appreciation for their heroic service on the front line.
“At this time, the FEC Manchester team is pleased to announce that we are offering a 5 per cent deposit contribution to any NHS staff and care workers, across our MeadowSide and New Cross Central developments.”
MeadowSide comprises 756 apartments and townhouses across four residential schemes overlooking Angel Meadow Park, the largest green space in central Manchester.
The offer to NHS staff and care workers on MeadowSide may be used in conjunction with Help to Buy, the scheme in which the Government provides a loan of up to 20 per cent of the cost of a new build home interest free for the first five years with the buyer responsible for a five per cent cash deposit and 75 per cent mortgage, subject to approval by Homes England.
FEC is offering Help to Buy on Mount Yard, one of the four schemes at MeadowSide, comprising a total of 136 one, two and three-bedroom apartments and townhouses with prices starting from £235,000.
Meanwhile, with prices from £228,500, New Cross Central at Addington Street, New Cross will provide a total of 80 high quality three-bed townhouses, one and two-bed apartments and penthouse apartments around a landscaped courtyard.
Both MeadowSide and New Cross Central are key residential schemes within the Northern Gateway, an investment partnership between FEC and Manchester City Council to deliver over 15,000 new homes across the north side of the city centre over 20 years.
NHS staff and care workers interested in taking up the offer from FEC can visit the marketing suite at MeadowSide when it reopens on Wednesday, 27th May with social distancing and safety procedures in place because of COVID-19.
