SmartNewHomes

A fantastic opportunity for those looking to move to a new family home is now on offer at Taylor Wimpey's development in Milton Keynes.

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  • The Government's new Help to Buy shared equity scheme is available at the leading house builder's popular development in Milton Keynes, enabling homebuyers to secure stylish homes for just 80 per cent of their full price - including a 5 per cent deposit.

    With spacious four bedroom homes available from just £275,000 at Kingston Chase, that means 80 per cent Help to Buy prices start at only £220,000, including 5 per cent deposits as low as £13,750.

    Steve Rolt, regional sales and marketing manager for Taylor Wimpey, says: "The Help to Buy scheme will make a huge difference to a range of would-be homebuyers in Milton Keynes who can afford the monthly mortgage repayments on a new property, but not the hefty deposit.

    "We've been receiving a great deal of interest in this exciting initiative since its launch at the beginning of April, so anyone hoping to secure their ideal new home for 80 per cent of its full price at Kingston Chase should contact us without delay."

    As alternatives to the selection of four bedroom homes priced from £275,000 at the development, three bedroom properties are available from just £258,000 and five bedroom houses from £420,000.

    All properties at Kingston Chase are completed to a high standard specification, including energy efficient central heating, double glazing and a fitted kitchen with integrated oven, hob and hood.

    The Help to Buy shared equity scheme involves a Government loan of up to 20 per cent and is available on new build properties up to the value of £600,000. There is no salary cap for purchasers using the scheme.

    Because Help to Buy customers only require a 75 per cent loan-to-value mortgage for their new property, they can access a much more competitive range of deals from lenders - making it even more affordable to live in this sought-after new community.

    The NewBuy initiative, meanwhile, gives credit-worthy purchasers in a variety of circumstances the chance to access their ideal home with a 95 per cent mortgage.

    Kingston Chase's residents will benefit from a range of community facilities being created at this popular development, including a primary school and public playing fields.

    A wider choice of everyday amenities can be found at the nearby Kingston Centre, a major retail park boasting big name stores such as Tesco, Next, Marks and Spencer and Boots.

    Bus routes will link Kingston Chase to Milton Keynes town centre, which is just three miles from the development, and offers more than 230 shops, cafes, restaurants and an outdoor market.

    The town's wide selection of leisure and entertainment facilities is also within easy reach by bus or by car, including the National Bowl and Milton Keynes Theatre District, StadiumMK and the Xscape dome, which features an indoor ski slope, a skydiving simulator, a rock climbing wall, a multiplex cinema, bowling alleys and a health and fitness centre.

    For commuters, junction 14 of the M1 is just a few minutes' drive from home, while Milton Keynes Central railway station operates direct services to London Euston in as little as 35 minutes. Those travelling further afield will appreciate that Luton Airport is only 20 miles from home.

    For the latest incentives, click here.

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

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