New stamp duty threshold helps homebuyers in Corby

The Government's decision to raise the stamp duty threshold to £175,000 is great news for home buyers in Corby who can now save thousands on a new Redrow home. The stylish three and four-bedroom homes at Redrow @ Oakley Vale now come in under the new threshold, meaning customers who would have previously had to fork out for the tax, are now saving money.

There are currently a superb range of family homes available, including a detached four-bedroom detached home, priced below £175,000.

Tonia Tyler, area sales manager for Redrow Homes (South Midlands) said: "The Government's decision to suspend stamp duty on all homes up to £175,000 will particularly aid homebuyers at our Redrow @ Oakley Vale development in Corby, where we have a choice of three and four-bedroom homes that fall below the new limit.

"Among the properties that now escape the tax is the three-bedroom Fairwood house, with en-suite, priced from £136,995. With no stamp duty to pay, customers will save more than £1,360, which means they will have more money to perhaps put towards a deposit or furnishing their new home. And the four-bedroom detached Medlock home has been priced at £175,000 meaning it too is now exempt.

"We can also offer them further flexible incentives under the badge of ‘re:assure' and we believe that those who do make the move now can find some really excellent value in the market.

"Our ability to help with a deposit and other moving costs gives new homes the edge over the second hand market in the current market."

Perfect for commuters, Redrow @ Oakley Vale offers easy access to the M1 and M6 as well as the A14, with links to the M1 and Cambridge. London is around one hour and 35 minutes away by train, while the main shopping areas of Milton Keynes and Northampton are both around half an hour's drive from the development.

Corby itself offers a range of amenities such as shops and restaurants and just a few minutes from the town centre is beautiful woodland, with views across the Welland Valley and the surrounding countryside. Corby's boating lake and the 200 square mile Rockingham Forest are also close by.

Corby is currently the subject of a large-scale project to regenerate and modernise the town. As well as building new houses, schools and shops, a better transport infrastructure is planned, together with a new arts centre, library and leisure facilities, including a 50 metre swimming pool.

To find out more about Redrow @ Oakley Vale log on to Redrow.co.uk.