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New apartments go on sale at Broughton Chase

12th November 2009 Print
Broughton Chase

Home buyers looking for a stylish new home in an ideal location should look no further than to Barratt Northampton’s Broughton Chase development on Newport Road in Milton Keynes, where a selection of two-bedroom apartments have now been released for sale.

 

Following the sell out success of the previous apartments, a selection of five, two-bedroom Queensbury style apartments are now available to buy at Broughton Chase and with prices starting from only £150,499, this is the ideal opportunity to buy a stylish new home.

 

The Queensbury style apartment offers a spacious, open plan living, dining room and kitchen, en-suite to the master bedroom, second double bedroom and stylish bathroom.

 

Paul Walker, Sales Director for Barratt Northampton commented, “Our previous selection of Torver and Crummock style two-bedroom apartments proved to be extremely popular with homebuyers and it is due to this success that we have been able to release these new apartments.

 

“With its spacious layout, the Queensbury style apartment is ideal for a range of purchasers. From first-time buyers and young professionals to those looking to release equity and downsize to a more manageable sized home.

 

“There are twelve Queensbury apartments available to buy at Broughton Chase and each is available to buy with the help of our homebuying schemes. For example, purchasers could use HomeBuy Direct, a Government scheme which allows eligible homebuyers to move into a brand new home for just 70 per cent of the price.

 

“Those with a home to sell could use our agency selling service, where we take care of selling the old home. This means that there are no estate agents fees or Home Information Pack (HIP) to worry about.

 

“This is the ideal opportunity for homebuyers to snap up the home of their dreams, but anyone interested should be quick as I’m sure these apartments will be sold very quickly.”

 

Broughton Chase is ideally located to the east of central Milton Keynes and just a few minutes from junction 14 of the M1, which makes it ideal for those who work in the town centre. Milton Keynes Central train station is also within easy reach and offers direct train links to London.

 

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.

 

David Edwards, regional director for the South East 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.”

 

Broughton Chase is situated on Newport Road and offers a selection of two-bedroom apartments priced from £150,499 and four- and five-bedroom houses priced from £231,999. For more information, log on to barratthomes.co.uk/broughtonchase.

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Broughton Chase