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New homes at Dee Park are more affordable than ever with Help to Buy

28th June 2013 Print
The living area of an apartment at Dee Park

Willmott Dixon is holding a Help to Buy Open Day at Dee Park, Reading on Saturday 29th June, to show prospective homebuyers how they could buy a great value new apartment for just £134,995, with just a 5% deposit and the help of a 20% interest-free loan, under the government’s Help to Buy scheme.

The Dee Park marketing suite will be open from 10am and 5pm, and the sales team and independent financial advisors will be on hand to explain the Help to Buy scheme, give advice and confirm eligibility.

Help to Buy allows first-time buyers and existing home owners to purchase a new home for 80% of the market value; this is made up of a 5% deposit and 75% mortgage. The rest is covered by a government-backed equity loan which is interest free for the first five years. To buy a one-bedroom apartment at Dee Park priced at £134,995, buyers put down a deposit of £6,750, raise a mortgage for £101,246 and still own 100% of their new home.
Sales are booming at Dee Park, where the new homes are already the best value in Reading and Help to Buy has made them more affordable than ever.

Currently available for sale are one and two-bedroom apartments. Open plan and contemporary in style, these light and airy homes are beautifully designed with exceptionally large windows and higher than usual ceilings. Built for energy efficiency and very warm, the homes also have solar roof panels to generate free electricity. Each apartment has a balcony or terrace and parking bays make life easy for car owners.

The new homes at Dee Park are part of an exciting eight-year regeneration project that is transforming the area with new homes, improved roads and surroundings, and new community facilities. The project is led by Dee Park Partnership, a joint venture between Willmott Dixon and Catalyst Housing, in partnership with Reading Borough Council.

Under Help To Buy, one bedroom apartments start from £134,995 and two-bedroom apartments from £159,995. Prices include carpets, flooring and kitchen appliances.

To find out more, visit the marketing suite at Tay Road, Tilehurst RG30 4DR, open 10am to 5pm every day. Alternatively, visit deepark-living.co.uk.

More Photos - Click to Enlarge

The living area of an apartment at Dee Park