A New Neighbourhood Rises for First Time Buyers
Discover Horizon, the new development on the waterfront, brought to you by Jersey Development Company and Groupe Legendre, where first time buyers can step onto the property ladder in style thanks to our first-time buyer’s incentive scheme.
Jersey Development Company understands that getting onto the property ladder can be daunting and finding the deposit is often the first hurdle.
We are offering local first-time buyers the ability to buy their own home at Horizon by paying the 10% deposit over the build programme in manageable monthly interest free instalments. The payment structure is discussed on an individual basis and is subject to approval dependent on each person’s circumstances.
The ‘deposit payment plan’ is available to First Time Buyers only. Secure an apartment with an initial £2,000 reservation fee - the balance of the 10% deposit is then paid in monthly instalments over the build program, enabling you to secure your home while renting or living at home, a guarantor is required to secure against the 10% deposit.
Prior to securing an apartment the purchaser must be confident that they can obtain a mortgage for the balance of their chosen apartment upon completion; if there is a shortfall the purchaser must have the ability to acquire the additional funds to complete the purchase.
All conveyancing fees are covered by JDC; we assign lawyers on a rotational basis to represent purchasers throughout the transaction. However, a legal fee of £350 is charged by the lawyers when purchasers select the ‘deposit payment plan’ option.
We recommend that you obtain independent financial advice prior to securing an apartment
Download our ‘JDC Jersey’ App from the App store on an iPhone or iPad* for an insider’s view into the new neighbourhood at the waterfront. Explore each of the three Horizon buildings, as they become available for sale, see the floor plans for every apartment, fly through the development complex and watch the short films from Horizon architects SOM.