SmartNewHomes

All available properties by Redrow Homes in Ashford, Kent, come with a raft of incentives for buyers.

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  • Not only are homes now exempt from stamp duty for first time buyers, but a Government-backed scheme means they can be purchased initially for just 70 per cent of the asking price.

    With a selection of two and three bedroom homes priced below the new stamp duty threshold for would-be home owners, The Paddocks @ De Montford Park is already an attractive prospect for those stepping onto the property ladder.

    And now properties are available to purchase through HomeBuy Direct, providing buyers with an equity loan for up to 30 per cent of the purchase price.

    The equity loan is jointly funded by Redrow Homes and the Homes and Communities Agency (HCA) and is interest free for the first five years.

    Beryl Williams, area sales manager for Redrow Homes (Eastern), said: "HomeBuy Direct offers assistance to would-be homeowners and others whose annual household income is under £60,000.

    "It's a great way for those who might have previously thought they had been priced out of the market to get a foothold on the property ladder.

    "The Paddocks is now in its final phase with only a limited number of homes remaining and, with these fantastic incentives to purchase, we don't expect the homes to be around for very long."

    Among the homes available with HomeBuy Direct are the two bedroom Calder houses and the three bedroom Hardwick designs.

    The Calder features two double bedrooms, a fully fitted kitchen / dining room, separate lounge and a ground floor cloakroom. In addition it boasts the latest kitchen designs from Redrow Homes and a modern bathroom with white suite and quality fixtures and fittings.

    It's an ideal home for couples, young professionals, friends sharing and young families. Priced at £159,950, a Calder can be bought for an initial outlay of just £111,965 using the 30 per cent equity loan.

    Growing families in need of extra space will like the Hardwick with its large lounge, combined kitchen/dining area and downstairs cloakroom all built around a central hallway. Upstairs are three bedrooms, an ensuite to the master bedroom and a family bathroom.

    This home is available from £205,950 or an initial outlay of just £144,165 using HomeBuy Direct. It's also exempt from stamp duty for first time buyers thanks to the Government recently raising the tax threshold to properties over £250,000.

    First time buyers, key workers and people re-entering the property market after a relationship break up are among those who can apply for HomeBuy Direct - provided their annual household income is less than £60,000.

    Customers own 100 per cent of their home from day one - but only have to pay between 70 and 85 per cent of the purchase price.

    The Paddocks @ De Montford Park is situated approximately three miles from Ashford town centre. The town has two shopping centres with many high street stores, as well as a designer outlet centre on the outskirts, a market, restaurants, pubs and hotels.

    Ashford also offers high speed train services to London in just 37 minutes, easy access to the M20, connecting to the M26 and M25 and, for those who like to travel further afield, the town has fast links to the continent via the Eurostar at Ashford International station.

    Some information contained herein may have changed since it was first published. SmartNewHomes strongly advises you to seek current legal and/or financial advice from a qualified professional.

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