Lending a helping hand at Martingales

With its perfect mix of modern and spacious homes set within an idyllic environment, David Wilson Homes Eastern Counties development Martingales in Red Lodge has already proven popular with Suffolk househunters.

With a range of spacious, thoughtfully designed three and four bedroom homes currently on offer prospective purchasers looking to make the move should visit the development now as there are currently a range of incentives available to help make the move even easier, such as the option of part exchanging their existing home.

Part Exchange

Sales director, Nina Hester explains: “At David Wilson Homes we appreciate the many financial challenges homebuyers have when selling and buying a home, such as estate agents’ fees, arranging surveys and the instability of property chains.

“Choosing to part exchange means purchasers can choose a new home at Martingales and stay in their existing property until their new home is ready. This incentive is designed to help purchasers overcome those uncertainties commonly associated with moving home such as chains that break, which often leave home-buyers out-of-pocket, living in rented accommodation or in extreme cases not able to move into their dream home at all.”

Furthermore part exchange means that customers will not need to invest in a Home Information Pack (HIP), which is now compulsory for sellers of all homes and can cost the seller more than £400.

Easy Start

In addition David Wilson Homes is also offering its Easy Start scheme on homes up to £250,000 at Martingales. The scheme is available to key workers and first time buyers and means they pay just 75 per cent of the purchase price with no deposit, rent or shared ownership required on the outstanding 25 percent. The deferred amount is then paid back as 25 per cent of the property’s open market value, either within 10 years of purchase or at the time of re-sale if this is earlier than 10 years.

Nina continues: “It is always a big decision to make a move on the property ladder and concerns about saving for deposits or worries about mortgage payments can make the whole process seem daunting, which is why we have launched the Easy Start scheme.

“This is a win-win situation for home-buyers as they can own 100 per cent of their home from day one, with no shared ownership involved. As only 75 per cent of the cost is required now with no deposit, Easy Start ensures that they can make the move without stretching their finances too far, which can really help a buyer make a move towards owning their dream home.”

Prices range from £179,995 for a three bedroom Harwood home to £304,995 for a four bedroom detached Holden home.

Martingales is ideally placed for both town and country. Surrounded by stunning countryside, the growing community of Red Lodge offers the perfect playground for energetic children. Its charming village centre featuring shops and restaurants provides a lovely village community feel making it a desirable choice amongst both Suffolk and Cambridgeshire house hunters. Located just seven miles from the famous horse racing town of Newmarket, Martingales has been developed with a distinct identity to reflect the traditional characteristics of the local area.

For further information on the range of properties or wide range of incentives available at Martingales, visit Dwh.co.uk.