New George Wimpey scheme aims to put the squeeze on mortgage rates
Would-be homeowners struggling to get a foothold on the property ladder now have a fantastic opportunity to invest in their dream home – thanks to an incredible money-saving scheme designed to put the squeeze on mortgage rates.
A stunning selection of brand new homes at George Wimpey’s sought-after Oxley Gate development in Milton Keynes are now available with HomeBuy Direct, a shared equity scheme allowing first-time buyers to secure 100% of their new home for as little as 70% of the purchase price.
Under this amazing initiative, jointly funded by the leading housebuilder and the Government’s Homes and Communities Agency, the outstanding sum is covered by a great-value loan which is interest-free for the first five years and low-interest for up to 20 years thereafter.
It means stylish two-bedroom homes are available to qualifying buyers with a mortgage of less than £120,000, while selected three-bedroom houses can be secured with a mortgage of just over £160,000!
Darren McCormack, Regional Sales Manager for Taylor Wimpey, says: “HomeBuy Direct is the perfect way for first-time buyers to overcome the hurdles of high mortgage costs and the need for hefty deposits.
“We have a superb selection of two and three-bedroom properties available under this incredible incentive which are ideal for couples looking for their first home together or young parents in search of the perfect place to raise their families.
“Buyers who think they could qualify for this unmissable deal shouldn’t hesitate to contact the Sales Executive at Oxley Gate today to find out more!”
HomeBuy Direct loans covering up to 30% of the cost of a brand new home at Oxley Gate are available to buyers with a combined household income of up to £60,000 who have never purchased their own home.
Qualifying customers can take their pick from three superior home designs: the two-bedroom coach house-style ‘Kirsh’ apartment priced at just £116,900 with HomeBuy Direct, the two-bedroom semi-detached ‘Citrine’ priced at only £134,750, and the spacious three-bedroom ‘Bronze’ priced at £164,500.
The impressively-styled semi-detached ‘Bronze’ housetype is an exceptional choice for growing families, boasting a large contemporary kitchen/dining room and a light and airy lounge, with an attractive entrance porch and a guest cloakroom completing the ground floor accommodation.
Upstairs, the landing leads to the master bedroom with en-suite shower room, a second double bedroom, a family bathroom and a third bedroom which could alternatively be used as a home office.
Each ‘Bronze’ also benefits from two allocated parking spaces and, like all new homes at the development, is finished to a high standard specification including gas central heating, double glazing and fitted kitchen with integrated oven, hob and hood.
Set in a stunning location on the western edge of Milton Keynes and bounded by a woodland reserve and open countryside, Oxley Gate is also within easy reach of thecentre:mk shopping centre, Xscape leisure dome and the Theatre District.
For commuters, the development is well placed for the M1 north and south, while Milton Keynes railway station offers direct services to London Euston in just 40 minutes.
The Oxley Gate showhome and Sales Centre are located at 4 Sinatra Drive, off H6 Childs Way, Oxley Park, Milton Keynes, and are open seven days a week from 11am to 5pm. Alternatively, log on to georgewimpey.co.uk for more information.
