Move into a new Millgate home for just £99

At The Pastures in sought-after Woodley not only can you move into a beautiful new 2 bedroom cottage-style home for a deposit of just £99, but your mortgage could be more affordable than you thought.

On the remaining two cottages, developer Millgate Homes is offering a shared equity package which could see you purchase one of these homes for just £199,707 - or 85% of the £234,950 market value - with Millgate retaining a 15% stake. And to help make your move even more affordable, the cost of Stamp Duty and legal fees will be covered (subject to terms & conditions) and carpets will be fitted throughout. Head of Sales and Marketing David Wrigley says:

“The Pastures is in a fantastic location and we’ve had a lot of interest. The shared equity package will offer a helping hand to those who fall in love with these special homes but are having trouble getting a mortgage for the full amount. With shared equity we’re basically providing an interest free loan of 15%, which can be paid back at any point over a five year period following completion or upon the sale of the property. And the fact that the house will be re-valued before it is sold and the final settlement based on 15% of its latest market value means that both parties are assured a fair deal.”

So, what exactly will lucky purchasers get for their money? Externally the homes feature quaint cottage-style architecture but inside they are thoroughly modern with spacious, flexible interiors finished to Millgate’s renowned specification. The sleek kitchens benefit from bespoke floor and wall cabinets complemented by a comprehensive range of appliances in a natural steel finish, a ceramic splash back and floor tiles.

Equally opulent are the bathrooms and en-suites which benefit from crisp, white Roca sanitaryware and contemporary chrome fittings from the Hansgrohe collection alongside chrome towel ladder radiators, an integrated mirror and bespoke fitted vanity units.

In terms of location, The Pastures enjoys the best of both worlds. Woodley’s semi-rural aspect and village atmosphere makes it an appealing place to live while, for a taste of the city, central Reading is just a few miles away. Commuters are also well catered for with great rail services - Winnersh Triangle station, some 0.6 miles distant* - offers services to London Paddington via Reading and links to the national motorway network via the nearby M4.

And if the two bedroom cottage-style properties doesn’t suit your lifestyle just one, 3 bedroom link detached home with garage also remains, priced at £379,950.

To find out whether Millgate Homes’ shared equity package could be the key to your dream home, visit the stylish Show Home open daily between 10am and 4pm, or log on to Millgatehomes.co.uk.

* Source: upmystreet.com