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New homes in Dunstable from just £76,965

22nd October 2010 Print
Example of new homes at The Edge, Dunstable

Leading developer Bloor Homes has recently made owning a property in Dunstable, Bedfordshire more achievable with a collection of new homes at The Edge, priced from just £76,965.

Under the ‘Kickstart’ HomeBuy initiative, buyers can move into one of the stunning one, two, three or four bedroom homes for just 70% of the original purchase price. The remaining 30% is paid by a shared equity loan funded by Bloor Homes and the Homes and Communities Agency.

Vanessa Macnee, Sales Director at Bloor Homes comments: “This initiative represents an exceptional opportunity for a range of purchasers to access the property market in a premier new homes development. The Edge is an impressive new project which offers a wide range of properties that are perfect for modern living and suitable for a variety of buyers. Those looking to secure a two bedroom property can do so from just £87,465 and three bedrooms start from £174,965.”

“This is the first opportunity to purchase through this initiative at The Edge and with limited properties available, interested buyers should contact us as soon as possible.”

To be eligible, the applicant’s household must earn less than £60,000 per year and be unable to finance a property in the area where they currently live or work. An equity loan of up to 30% of the property price will be provided meaning the purchaser only needs to arrange finance for the remaining 70%, which can be done by arranging a regular market rate mortgage. The buyer can then purchase up to 100% equity of the property in instalments after they have moved in, or proportionally share the remaining equity of the house when it is sold at the current market rate.

Located just outside of Luton, Dunstable is bordered by the Dunstable Downs which are very popular for kite flying, although for the more adventurous there is always hand gliding or paragliding! Set within 510 acres of grassland and farmland, the Downs are a wonderful area to walk, combining a wealth of wildlife with fantastic views of the Vale of Aylesbury and Chiltern Ridge.

Dunstable is very well connected by major roads and motorways. The A5 is the town’s main road, heading North West to Birmingham. The M1 is the nearest motorway providing access to London in the South and Leeds in the North. Nearby Luton mainline station offers regular services to London St Pancras in just 24 minutes, where you are able to get Eurostar connections to Paris and Brussels. Luton Airport also flies to a wide range of international destinations from Marrakech to Kiev to Istanbul.

Apartments at The Edge available through ‘Kickstart’ HomeBuy start from £76,965, based on a full value price of £109,950. For further information visit: bloor-homes.co.uk

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Example of new homes at The Edge, Dunstable