New homes with furniture package at Holborough Lakes
On Saturday 29th October, Berkeley is offering first time buyers at its’ Holborough Lakes development in Kent, ME6, an amazing opportunity to buy one of their FirstBuy properties complete with a John Lewis furniture pack to furnish their new home!
Tina Dedman, Sales and Marketing Director of Berkeley comments: “Berkeley understands first time buyers often use all their savings on the deposit for their new home and may not have much left for furnishings. To help, on Saturday 29th October, Berkeley is offering all buyers who secure a FirstBuy property at Holborough Lakes, with a great furniture package from John Lewis. As the properties already offer an excellent specification, including a fully fitted kitchen with integrated appliances, buyers will only need to bring their suitcase when they move in!”
During the event, buyers can talk to experienced Sales Advisers and an independent Mortgage Adviser, who will be on hand to offer all the advice and information they need to purchase their first property.
FirstBuy provides a loan of up to 20% of the purchase price of a new property and the buyer funds the remaining 80% themselves. To be eligible for a FirstBuy loan, 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 20% of the property price will be provided, paid for by a shared-equity loan funded by Berkeley and the Homes and Communities Agency*. The purchaser needs to arrange finance for the remaining 80% of the purchase price, which can be done by arranging a market-rate mortgage and providing a 5% deposit.
This means, properties at Holborough Lakes can be secured for as little as £107,960 for a one bedroom apartment based on the full market value of £134,950.
Holborough Lakes is a new community comprising of one and two bedroom apartments and two, three, four and five bedroom houses in an exquisite lakeside setting. Ideal for families, it is setting high standards for new communities in the county: its crèche, village hall, village green and ‘trim trail’ for fitness enthusiasts not to mention a diving and watersports academy and residents-only gym – provide genuine infrastructure as well as a truly aspirational lifestyle, while its natural waterside location is the perfect backdrop to family life.
FirstBuy is available on properties with a full market value of up to £280,000, which includes a great selection of apartments and houses at Holborough Lakes. This includes a range of contemporary New England style homes designed in a range of pastel shaded weatherboarding, with balconies or gardens, and a selection of properties within the Nightingales. This recently released collection of one and two bedroom apartments and two, three, four and five bedroom houses has been designed to capture the essence of Kentish design. Exterior features include tile-hung elevations, tiled roofs and pitched wooden porches.
All properties are ideal for contemporary living and feature an excellent specification including a fully fitted kitchen complete with a stainless steel sink unit, Bosch oven, dishwasher, fridge/freezer and ceramic floor tiling. The master bedroom suites include walk-in shower rooms featuring Hansgrohe mixer taps and thermostatically controlled shower mixer, white Vitra wash basin, wood effect vanity shelf and full height ceramic wall tiling. The main bathroom comes complete with stylish sanitary ware, ceramic wall and floor tiling and heated ladder style chrome towel rail.
All new homes are equipped to accommodate today’s high tech requirements. Each property has a communal TV aerial and satellite dish. Living areas and bedrooms are wired for Sky Plus and Sky High Definition television and have broadband connection from all telephone points.
To be eligible for a FirstBuy loan, 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 20% of the property price will be provided, paid for by a shared-equity loan funded by Berkeley and the Homes and Communities Agency*. The purchaser needs to arrange finance for the remaining 80% of the purchase price, which can be done by arranging a market-rate mortgage and providing a 5% deposit.
*The FirstBuy loan is interest-free for the first five years. In the sixth year it attracts interest of just 1.75%; thereafter the rate will increase each year by the Retail Price Index plus 1% per annum.
For further information on Holborough Lakes, visit holboroughlakes.co.uk.
