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No deposit? Not a problem in Dunstable!

14th December 2011 Print
The Edge

Wanting to get onto that property ladder but don’t have enough money for the 5% deposit? Always dreamed of owning a 3 or 4 bedroom house? Then look no further than The Edge, in Dunstable where Bloor Homes is able to offer purchasers the opportunity to secure a fantastic new home without a deposit through its Homebuy Direct initiative.

This government-backed scheme is making it so much easier for first time buyers to move onto the property ladder and with Bloor’s assistance they don’t even have to have the money for a deposit!

With a mortgage of just 80% of the property value, the remaining 20% is supplied as an equity loan from the Government and Bloor Homes. To qualify purchasers need to have a joint household earning of less than £60,000. So with no deposit to be paid, you could be the proud owner of lovely new home!

There are just five 3 bedroom and one 4 bedroom houses remaining at The Edge so this opportunity will soon disappear.

The Warwick a fabulous 3 bedroom townhouse is currently priced at £220,000 but can be purchased on the Homebuyer Direct Scheme at £176,000. On the ground floor there is a lounge, open plan kitchen/dining room and WC, whilst on the first floor there are 2 bedrooms and a family bathroom and an impressive master bedroom with dressing area, fitted wardrobes and en-suite on the top floor.

The other spacious 3 bedroom townhouse, The Dover, can be purchased on the Homebuyer Direct Scheme from just £182,360 and includes an integral garage. With open plan kitchen/dining room and WC on the ground floor, whilst on the first floor are the lounge and bedroom 3 plus a further WC. The master bedroom with en-suite and fitted wardrobes, bedroom 2 and the family bathroom can be located on the second floor.

Whilst the one remaining 4 bedroom detached family home, The Edinburgh, with lounge, separate dining room, fitted kitchen, utility room and downstairs WC can be bought on the Homebuyer Direct Scheme for just £199,960 (usually £249,950). Upstairs there are 4 bedrooms, a family bathroom and a master bedroom with fitted wardrobes and en-suite. Externally The Edinburgh has a garage and driveway.

Located close to the historic market town of Dunstable you have everything you need for an active and well-balanced lifestyle. The town centre itself offers an abundance of shops, restaurants and theatre complex, whilst the 188 acres of parkland, gardens, open spaces and pretty scenery of the East Chilterns are all on your doorstep.

For commuting, nearby Luton provides fast rail links to London and Luton Airport is close at hand, whilst there are good transport links to the A5, M1 and A421.

For more information, visit bloorhomes.com.

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The Edge