Last chance to buy at Henley Point

This is the final call for homebuyers looking for a stylish home in Warwickshire as only five properties now remain at David Wilson Mercia’s highly sought after Henley Point development in Henley-in-Arden.

Situated on William James Way, off the town’s High Street, Henley Point offers a selection of exclusive homes and has proven to be a huge success with buyers since its launch. As a result of its popularity, there are now only five apartments remaining for sale, so anyone interested in buying a home at the development, should reserve now.

There are now only three one-bedroom apartments and two, two-bedroom apartments remaining for sale, priced from £139,950, many of which are ready to move in to with the new Government scheme called HomeBuy Direct. This initiative is being offered by David Wilson and allows homebuyers to receive a 30 per cent equity loan on the value of their new home.

This means that purchasers could move into one of these stylish one-bedroom apartments for as little as £97,965 – Ideal for those looking to get the first step onto the property ladder.

Julia Chapman, Sales Manager for David Wilson Mercia commented, “Henley Point offers a selection of luxury homes in an idyllic location, and we are not surprised that it has proven to be so popular with homebuyers.

“These final properties are ideal for a range of buyers. For example, the one-bedroom apartments which are available with HomeBuy Direct for as little as £97,965, are perfect for first-time buyers who might otherwise struggle to buy a home of their own.

“Whilst the two-bedroom apartments would not only suit couples and young professionals moving up the property ladder, but they are also perfect for those who are looking to release equity from their family home and move to a more manageable sized apartment.

“Henley Point is a lovely development just a few minutes walk to Henley-in-Arden town centre, and with such good value being offered on these remaining homes, I’m sure that they won’t be around for long.”

HomeBuy Direct is open to first-time buyers, key workers and others who are currently renting. People who have previously owned a home, but are now unable to do so – perhaps where relationships have broken down – can also apply.

Households eligible will be earning less than £60,000 and would not normally be able to afford to buy a suitable property on the open market. There is no interest to pay on the equity stake for the first five years, although a small fee will be charged from year six onwards.

Buyers can redeem the loan in instalments, purchasing up to 100 per cent of the equity after their initial purchase by buying additional equity at the market rate. Alternatively, if they sell their home, the equity loan is repaid by way of a proportionate share of the sale proceeds.

Paul Spooner, regional director for the West Midlands division of the Homes and Communities Agency, said: “In the current climate it’s important that we help a range of people to find the best housing option to suit them, and simultaneously help stimulate the building of new homes. HomeBuy Direct, with our £400 million investment, is just one way in which we’re doing this and it is proving extremely popular.”

Henley Point is situated just a few minutes walk from the Henley-in-Arden High Street which is the hub of this exclusive town and offers a wide selection of independent shops, bars and restaurants. The M42, M40 and Henley railway station are also close by, making this development for those who are looking for a rural retreat but still within commuting distance of larger towns and cities.

Prices for the two-bedroom apartments start from £172,500. For more information log on to dwh.co.uk/henleypoint.