Bellway offers 100% home for 75% of current market value

Situated on Watling Street, Aqua is a development of one- two- bedroom and three bedroom apartments located in the Fenny Stratford area of Milton Keynes. Bellway is now offering customers the chance to buy a new home on this development for 75% of the current market value – meaning that some homes are available at under £90,000.

The 75/25 scheme is specifically designed to reduce by a quarter the cost of financing a new home.

So, if you are looking to buy a one bedroom apartment priced at £114,995, you will only have to find £86,247, meaning that the remaining 25% is deferred for 10 years. No interest or rent payable on the 25% funded by Bellway. Alternatively, you can buy a two bedroom apartment priced at £144,995 for only £108,746.

Commenting on the scheme, Chris Edginton, Sales Director at Bellway Northern Home Counties, said: “We have looked very carefully at how we can improve affordability for new home buyers. 75/25 is unique in the way that it provides 100% ownership but reduces the cost of borrowing for the first 10 years when most new home owners are more financially stretched.”

On the edge of Milton Keynes, Fenny Stratford has a selection of shops and a variety of eateries and bars as well as its own cafe and delicatessen. There is a modern retail park nearby which includes a large supermarket and big brand home retailer.

Milton Keynes city centre is just over 3 miles which offers everything required for modern day life including high street retailers, restaurants, good schools and leisure facilities. There are theatres, cinemas, the snow dome and the home ground for the MK Don’s. Being almost equidistant from London, Birmingham, Leicester Oxford and Cambridge, makes Milton Keynes the ideal location for commuters.

Local transport links are very good. At just half a mile from Aqua is the A5 while the M1 is 4 miles from the development. Nearby Bletchley main line station offers fast and frequent service to London in around 40-45 minutes.

For further information, log on to Bellway.co.uk.