With house prices continuing to rise, there is a growing sense of ‘now or never’ as first time buyers fear they will never be able to afford to get on the property ladder. In 2013, a total of 27% of first-time buyers under the age of 30 had to tap into the ‘bank of Mum and Dad’ in order to buy their first property.
This was the case for David Tyler, a 23 year old service advisor for Audi who has recently purchased his first house at Annington’s Haling Place development in Waterbeach, Cambridgeshire.
David comments: “I have been living at home with my parents in Waterbeach for a while now. Although I wanted to get my own place, I was keen to stay in the area as I have a lot of family and friends who live here. When this property came up for sale, it was perfect for me and I was in the fortunate position that my parents could help me financially. It’s great because I can go home for Sunday lunch!”
David added: “The location is perfect because it is quiet enough to feel like a village but equally there is a buzzing community and my commute to Cambridge takes no time at all. I have a lot of friends who live in London so I regularly go backwards and forwards to see them. It takes an hour to get from Waterbeach to Kings Cross so the journey is really easy.”
David was attracted to the development because of his family links to the community, he was also really impressed by the quality of the homes. He bought a three bed terraced house with brand new kitchen and bathroom and an abundance of light and space.
David comments: “This house is a long term investment for me and I have no doubt that the prices around here will continue to rise. I am delighted that I have been able to get on the ladder before it became unaffordable”.« Back to testimonials page