Secure a Milton Keynes apartment with a 5% deposit
First-time buyers have the chance to snap up a stylish home with just a 5% deposit at Taylor Wimpey’s Willow Lake development of new build properties for sale in Milton Keynes.
The fantastic Government-backed FirstBuy scheme lets qualifying purchasers secure selected two-bedroom apartments at Willow Lake for as little as 80% of the full purchase price, including a 75% mortgage and a 5% deposit, subject to status.
With prices starting at just £135,000, that means first-time buyers can purchase their new property in Milton Keynes with a deposit as low as £6,750!
Steve Rolt, Regional Sales and Marketing Director for Taylor Wimpey, says: “Willow Lake is the perfect place for first-time buyers to step onto the property ladder – and FirstBuy makes this the ideal opportunity for would-be movers to leave renting behind in style.
“But anyone hoping to secure one of our new flats in Milton Keynes under FirstBuy will have to be quick – as demand for these high-quality and great-value homes continues to be high.”
Under FirstBuy, Taylor Wimpey and the Homes and Communities Agency (HCA) boost the purchaser’s down-payment with a joint loan of 20%, which is repayable at the end of the 25-year mortgage term or when the property is sold. To be eligible, customers must be first-time buyers with a household income below £60,000.
Stylish apartments at Willow Lake are priced from just £135,000, which means they can be accessed for just £108,000 under FirstBuy.
Each apartment features an open-plan living/dining room with fitted kitchen, plus an en-suite master bedroom, a further bedroom, a main bathroom and a handy storage closet located off the private internal entrance hallway. Selected plots boast attractive private balconies, while all apartments benefit from allocated parking outside.
All new homes at Willow Lake are being built to a standard that provides significant energy efficiency savings compared with typical new-build homes of just a few years ago, and each new property includes a fitted kitchen with integral oven, hob and hood.
Overlooking the picturesque Jubilee Lake on the southern edge of Milton Keynes, Willow Lake will feature a range of facilities on the doorstep including a primary school, a recreational park, a hotel and leisure amenities.
A supermarket, nurseries and schools, and a choice of pubs and restaurants can be found just a short distance away.
For commuters, the A5 and the M1 are just a few minutes’ drive from the development, while those travelling further afield will appreciate that Luton Airport is only 25 miles away. Services from Bletchley railway station to Euston put central London just over an hour away by train.
To be in with a chance of securing a new home with FirstBuy at Willow Lake, property-seekers can visit the Sales Centre, located at Martinique Meadows, Newton Leys, off Drayton Road, Newton Longville (Sat Nav postcode MK17 0EE), and open 10am to 5pm, Tuesday to Sunday, and 1.30pm to 5pm on Mondays. Alternatively, log on to taylorwimpey.co.uk.