Get 'Help to Buy' at Oakbrook - with a 5% deposit
Property-seekers in Milton Keynes are being offered a superb opportunity to snap up a stunning new home for less with Taylor Wimpey!
The Government’s new Help to Buy shared equity scheme is now available at the leading housebuilder’s Oakbrook development in Newton Leys, enabling homebuyers take their pick from a range of brand new properties for just 80% of their full price – including a 5% deposit.
Under this helpful incentive, the Government provides eligible purchasers with a 20% loan to help them secure new-build homes priced up to £600,000. Help to Buy shared equity is available to both first-time buyers and existing homeowners, and there is no salary cap for customers taking advantage of the scheme.
At Oakbrook, an impressive two-bedroom ‘Acorns’ apartment, for example, can be purchased through Help to Buy for 80% of its full £149,950 price – that’s just £119,960, including a 5% deposit of only £7,498.
Christine Scarborough, Regional Sales and Marketing Director for Taylor Wimpey, says: “The Help to Buy scheme will make a huge difference to a range of would-be Milton Keynes homebuyers 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% of its full price at Oakbrook should contact us without delay.”
Two-bedroom apartments are priced from just £149,950 at Oakbrook (from £119,960 under Help to Buy), while three-bedroom houses are available from only £235,000 (80% Help to Buy prices from £188,000).
All new 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.
As an alternative to Help to Buy shared equity, the Government-backed NewBuy scheme is also available at Oakbrook, offering credit-worthy purchasers the opportunity to secure their ideal home with a 95% mortgage and a 5% deposit. Full details of all homebuyer incentives are available from the Sales Executive.
Oakbrook lies just to the east of the village of Newton Longville, for a good selection of local amenities, and is just a few miles from the centre of Milton Keynes, which boasts more than 230 shops, cafes, restaurants and an outdoor market.
The town’s wide selection of leisure and entertainment facilities is also close by, 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.
Parents will appreciate the wide choice of schools and further education colleges for children of all ages, all within easy reach of the development.
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 about an hour away by train.
Homebuyers hoping to take advantage of Help to Buy at Oakbrook can visit the Sales Information Centre, located in Grenada Crescent, off Drayton Road, Newton Leys, Milton Keynes, MK3 5GB, and open daily from 10am to 5.30pm. Alternatively, log on to taylorwimpey.co.uk/norththames.
