First Homes at Neroche Meadows

First Homes in Broadway, Somerset

An exciting opportunity for local First Time Buyers to purchase a brand new home at a discounted price. 

These homes form part of our new development, Neroche Meadows. A collection of elegant country homes, nestled on the edge of the Blackdown Hills, in the charming village of Broadway. Neroche Meadows offers village life, and green space, including native tree planting and a beautiful meadow to the south, set within peaceful countryside surroundings. 

Broadway village itself offers a country pub, play-park, primary school and doctors surgery all within walking distance, while the adjacent village or Horton has a village shop and post office. The A303 and A358 are only a short distance away, providing access to nearby Ilminster, Taunton and beyond.

What are First Homes?

First Homes are a government-led affordable housing scheme, creating opportunities for local first time buyers to get on the property ladder, purchasing at a discounted market price, subject to eligibility. 

How does it work?

• The home is sold at a discounted price*, the discount applies to the property for future sales too.
• Purchasers much meet the eligibility criteria, including:
  • Be a first time buyer over the age of 18
  • Have a household income of £80,000 or less
  • Be funding at least 50% of the purchase with a mortgage of home purchase plan
  • Have a local connection, be a key worker, and/or member of the armed forces

Please see our brochure for further information.

Contact us today to find out more and book your viewing!

_{*the discount price is 70% of open market value based on RICS valuations}