More choice for home buyers in Milton Keynes

A visit to Bletchley Park is a must for those looking to buy a new home in the Milton Keynes area.

Until now only those in the market for an apartment could find what they were looking for at award-winning Redrow’s popular venture, but a selection of two and three-bedroom houses have just been added to the mix.

And with FirstBuy available to help people onto the property ladder, buyers could find that the homes are more affordable than they realised.

The attractive horse-shoe shaped terrace offers homes for sale from £183,950.

Tonia Tyler, area sales manager for Redrow Homes (South Midlands), commented: “Bletchley Park has been a popular choice for first time buyers, investors and downsizers alike as the quality specification and ease of maintenance our homes offer has broad appeal. Earlier phases offered a variety of apartments to suit the housing needs of different buyers and their budgets and we’re now giving purchasers more to choose from with these latest two and three-bedroom homes.”

Eligible customers could save thousands off the initial price of a brand new home at Bletchley Park with the help of FirstBuy. The Government-backed scheme offers first time buyers and potentially those returning to home ownership the chance to take out an equity loan for up to 20% of the price of the property.

It means that those with savings of around £7,358 could find they only need a mortgage of £139,082 to secure a two-bedroom home. The remaining £37,507 of the full market value is covered by an equity loan jointly funded by Redrow and the Homes & Communities Agency.

Interest-free for the first five years, the loan can be repaid when the customer has more funds available or they come to resell.

“Those who purchase a home with FirstBuy should be able to access some of the better mortgage rates, usually reserved for those with lots of savings. They may even find that their mortgage repayments are lower than the rent for a similar-sized property would be. It means that instead of asking if they can afford to buy, they should be asking if they can afford not to,” Tonia added.

While an older, second hand property may come with a smaller price tag it may need lots of work doing to it such as fitting a new kitchen or bathroom, whereas new Redrow homes enjoy top notch fixtures and fittings throughout.

Designed and built with pride, the homes at Bletchley Park boast a high specification with integrated kitchen appliances included as standard so customers won’t have to worry about buying and installing an oven, hob, microwave and fridge freezer.

They also enjoy stylish bathrooms and en-suites with quality fixtures and a tile range exclusive to Redrow.

Tucked away in the quiet town of Bletchley, on the edge of Milton Keynes, Bletchley Park may seem a world away from the hustle and bustle of city living; yet the homes enjoy easy access to London in just 45 minutes from the nearby train station.

Blue Lagoon Nature Reserve is just a stroll away with opportunities for woodland walks and nature trails. The main lake is used by a local sub aqua diving club and for angling.

To discover how Redrow could help you on to the property ladder, visit redrow.co.uk.