Get a foot on the ladder at Oxley Village

First time buyers in Milton Keynes dreaming of making the move into home ownership can now do so at David Wilson South Midlands’ Oxley Village development in Oxley Park where three one- bedroom apartments have recently been released for sale.

Priced at just £110,000, these stylish starter homes offer excellent value for money and an ideal opportunity for potential homeowners to purchase their own home but without overstretching budgets.

What’s more, the housebuilder is offering purchasers the chance to take advantage of its Head Start scheme which is a shared equity deal that allows buyers to initially move in for just 85 per cent of the price.

Jackie Day, Sales Director at David Wilson comments “Buying your first home is a big step and can be extremely daunting, particularly during the current economic climate, but with house prices at their lowest since before the property boom of 2007, we’re encouraging potential homeowners to bite the bullet and make the most of these once in a lifetime prices.

“£110,000 for a brand new apartment is an excellent price which can be made even more affordable if bought on Head Start. Those who wish to take advantage of this deal could find themselves moving in for just £93,500.”

Head Start allows purchasers to initially buy a property for just 85 per cent of the asking price. The remaining 15 per cent is financed by a deferred David Wilson loan which is payable either when the property sells or in ten years time, whichever is sooner.

Jackie adds “Shared equity deals like these are proving a lifeline to first time buyers struggling to save the big enough deposit that is required by most lenders to secure a mortgage and we’re finding increasing numbers of wannabe homeowners are keen to take advantage of them in order to make their dream of home ownership a reality.

“They provide an affordable means of getting that first foot onto the property ladder and buying on Head Start could even prove cheaper than renting. Visit the sales office today to find out more.”

Located within the emerging community of Oxley Park, Oxley Village offers Milton Keynes’ homehunters a superb collection of one-, three-, four- and six- bedroom homes.

The development benefits from a good selection of amenities including a school, shops and takeaways whilst Milton Keynes and all its leisure and recreational facilities is close at hand.

Prices at the development start from £110,000 for a one- bedroom apartment.

For more information log onto the website at dwh.co.uk.