New phase launched at Hopefield Gait in Bonnyrigg
Taylor Wimpey has launched a new development of 154 homes at Hopefield Gait, off Burnbrae Drive in Bonnyrigg offering an impressive mix of two bedroom apartments and a wide mix of two, three, four and five bedroom homes.
This development adds to the previous successfully completed developments in the wider Hopefield masterplan. It offers an impressive choice of 11 styles of homes to appeal to first time buyers, as well as young and growing families looking to maximise their budget and make their dream move to a new home this year. Three new styles of apartments will also add to the overall choice of properties available.
Prices currently range from £154,000 for the practical two bedroom Andrew terrace up to £320,000 for the impressive five bedroom detached Wallace. A range of two bedroom apartments will go on sale later this year.
The Help to Buy (Scotland) scheme is available on all new homes at this development, and this makes Hopefield Gait even more accessible for a wide range of buyers. Karen Armstrong, sales and marketing director for Taylor Wimpey East Scotland explains: “The choice of homes and apartments combined with affordable prices means that a move here doesn’t need to break the bank for buyers.
“When you consider the additional support that’s available to buyers from the Government supported Help to Buy (Scotland) initiative, as well as our own helpful incentives such as Easymover to assist in a stress-free move – it adds up to a great time to consider a move to this development.”
The Help to Buy (Scotland) measures include an interest-free equity loan scheme, which is available on new build properties up to the value of £400,000, and it is possible to repay the Scottish Government’s equity stake at any time. There is no salary cap for purchasers using the interest-free equity loan scheme, and it is available to both first time buyers and existing homeowners alike.
Eligible purchasers will receive a Scottish Government interest-free loan of up to 20%, which means that they only need to put down a 5% deposit and you may only require a 75% loan-to-value mortgage. For example – based on £154,000 for the two bedroom Andrew terrace home, you will need £7,700 deposit, £30,800 would be provided from the Help to Buy (Scotland) scheme and you would require a mortgage for the remaining £115,500.
Karen Armstrong, adds: “We recognise that buying a home can be a financially daunting prospect for many and we want to ensure that buyers get all the help they need to make their move to a new home. We have already helped hundreds of buyers to get on to the property ladder, and the release of our new homes at Hopefield Gait offers an excellent opportunity for buyers to get on the move sooner than they might have thought.
“Hopefield Gait is the perfect choice for buyers who’re perhaps weighing up the benefits of giving up their daily commute into Edinburgh and considering their work/life balance, plus the impressive local nursery, primary and secondary schools make this a great option for families with children of all ages.”
The sales information centre at Hopefield Gait is open from 10am-5.30pm – Thursday to Monday, or call 0131 603 5317. Alternatively, log on to taylorwimpey.co.uk and book an appointment via the online booking service.