Secure a Milton Keynes property with a 5% deposit
Buckinghamshire property-seekers can secure their first home with just a 5% deposit at Oxley Gate, Taylor Wimpey’s popular development of new houses for sale in Milton Keynes.
First-time buyers have the chance to step on the property ladder with an affordable deposit thanks to the FirstBuy scheme at Taylor Wimpey’s Oxley Gate development of new homes for sale in Milton Keynes.
The Government-backed incentive offers aspiring homeowners the opportunity to secure selected new homes to buy in Milton Keynes at the development for just 80% of their full price, including a 5% deposit, subject to status.
That means stylish three-bedroom ‘Aqua Type 1’ and ‘Azure Type 3’ three-storey properties to buy in Milton Keynes can be accessed under FirstBuy at Oxley Gate for an 80% price as low as £200,000 with a deposit of as little as £12,500.
Steve Rolt, Regional Sales and Marketing Director for Taylor Wimpey Milton Keynes, says: “FirstBuy can make a huge difference to would-be first-time buyers by removing the biggest home-buying obstacle from their path – the need for a large deposit.
“Anyone hoping to secure their ideal property for sale in Milton Keynes with just a 5% deposit at Oxley Gate should visit our Sales Centre as soon as possible to find out how we can help them!”
FirstBuy works through a joint loan of 20% from the Homes and Communities Agency and Taylor Wimpey, which is repayable at the end of the 25-year mortgage term or when the property is sold. To be eligible, purchasers must be first-time buyers and their total household earnings should be less than £60,000.
Priced at just £250,000 – and available under FirstBuy for only £200,000 under FirstBuy – the Plot 29 ‘Aqua Type 1’ features a light and airy kitchen/breakfast room plus a generously-sized lounge and a handy guest cloakroom off the entrance hallway.
Upstairs, the first-floor landing leads to two well-proportioned bedrooms, one of which can alternatively be used as a home office and opens out onto a private terrace, and a main bathroom, while the en-suite master bedroom and a spacious roof terrace are located on the top floor. Outside, the property benefits from a car port plus additional allocated parking and a private rear garden.
The Plot 30 ‘Azure Type 3’, meanwhile, can also be secured for a FirstBuy price of only £200,000 (full price £250,000) and benefits from a kitchen/breakfast room, a lounge and guest cloakroom, two bedrooms and a main bathroom on the first floor, plus an en-suite master bedroom and access to two terraces on the top floor. A garden, a car port and allocated parking are located outside.
Meanwhile, alternative house designs on sale at Oxley Gate include the three-bedroom ‘Bronze Type 2’, priced from only £225,000, and the magnificent Plot 95 four-bedroom ‘Emerald Type 1’ at just £270,000.
All homes are completed to a high standard specification, including energy efficient central heating, double glazing and a fitted kitchen with an integrated oven, hob and hood.
Set in a peaceful location on the western edge of Milton Keynes and bounded by a woodland reserve and open countryside, Oxley Gate is also within easy reach of thecentre:mk shopping centre, Xscape leisure dome and the Theatre District.
For commuters, the development is well placed for the M1 north and south, while Milton Keynes railway station offers direct services to London Euston in as little as 40 minutes.
To find out more about FirstBuy at Oxley Gate, home-hunters can visit the Sales Centre, located at 4 Sinatra Drive, off H6 Childs Way, Oxley Park, Milton Keynes, and open from 10am to 5pm, Tuesday to Sunday, and from 1pm to 5pm on Mondays. Alternatively, log on to taylorwimpey.co.uk/southmids.
