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Secure a new home at Dukes Park with Help to Buy

8th May 2013 Print
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Homebuyers are being offered a superb way to step on – or up – the property ladder for less at Taylor Wimpey’s Dukes Park development in Cambourne, Cambridgeshire.

The new Government Help to Buy shared equity scheme is available now at this popular development, enabling first-time buyers and existing homeowners to purchase their new home for 80% of its full price, including a 5% deposit.

For example, the impressive five-bedroom ‘Sandringham’ detached house can be secured under Help to Buy for an 80% shared equity price of just £255,996 (full price £319,995) including a 5% deposit as low as £16,000.

Because Help to Buy customers only require a 75% 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 make that dream move.

Stacy Dornan, Regional Sales and Marketing Director for Taylor Wimpey, says: “Help to Buy is the perfect solution for would-be buyers who are struggling to step on or up the property ladder.

“This superb scheme makes it possible to secure a family-size home for less at Dukes Park – and enjoy the benefits of life in this wonderful location.”

The ‘Sandringham’ features a large lounge and a kitchen/breakfast room both opening through French doors to the private rear garden, plus a separate dining room, a study and a guest cloakroom off the entrance hallway.

Upstairs, the first-floor landing leads to an en-suite master bedroom with dressing area, an en-suite guest bedroom, a further double bedroom and a main bathroom, while two additional bedrooms and a shower room occupy the top floor. The ‘Sandringham’ also features a garage and two additional parking spaces outside.
Alternatively, three-bedroom homes are priced from £204,995 at Dukes Park.

All homes at the development 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 20% and is available on new-build properties up to the value of £600,000. There is no salary cap for purchasers using the scheme.

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

Cambourne’s impressive range of local amenities within walking distance of Dukes Park includes three primary schools and a nursery, with a secondary school due to open in 2013, plus a library, playing fields and play areas, a multi-denominational church and a medical centre.

The community is also home to a selection of high street shops, a supermarket with petrol station, a choice of restaurants, a pharmacy, a dry-cleaners and a coffee shop, while an exceptional range of amenities can be found in Cambridge nine miles away.

Sports and leisure facilities are available at Cambourne’s new sports centre and the Cambridge Belfry Hotel, just a short walk from the new homes.

For commuters, the A14 is a short drive from Dukes Park, with the M11 also within easy reach. St Neots railway station is seven miles from Upper Cambourne, putting the capital just an hour away by train.

To find out more about securing a new home under Help to Buy at Dukes Park, property-seekers should visit the Sales Information Centre at the nearby Newton Grange development, located off Brace Dein, Upper Cambourne, CB23 6DY and open daily from 10am and 5pm (Mondays 1.30pm to 5pm).

Further information on Taylor Wimpey developments across the region is available by visiting taylorwimpey.co.uk/eastanglia.

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