Leading developer David Wilson Homes reminds Bedfordshire buyers of the benefits of Help to Buy and Forces Help to Buy schemes at its Marston Fields development in Marston Moretaine.
The Government-backed Help to Buy scheme is open to both first-time buyers and existing homeowners on properties up to the value of £600,000. The scheme helps you to buy a home with an equity loan of up to 20% of the full price of the property and just a 5% deposit. You won't have to pay any interest charges on this loan for the first five years.
The scheme is set to change in April 2021 and the new incentive will be exclusively for first-time buyers. This also includes regional property price caps to ensure the scheme reaches people who need it most.
In 2014 the Government launched Forces Help to Buy, a deposit loan scheme from the Ministry of Defence (MOD) for regular Armed Forces members to use along with Help to Buy.
The scheme aims to make it easier for Britain’s regular Armed Forces personnel to borrow their 5% deposit from the MOD. They could also take advantage of Help to Buy – the very popular scheme that has already helped so many onto the property ladder.
The Forces Help to Buy incentive also provides the necessary boost to secure a 75% mortgage with a 20% Help to Buy equity loan funded by Government. This scheme is only available until 31st December 2019.
Jason Hearn, Sales Director at David Wilson Homes South Midlands, said: “Help to Buy is a great solution for those looking to take their first or next step on the property ladder. It’s one of our most popular schemes and one which is beneficial for both first time buyers and second steppers.
“We have a great selection of homes available to reserve at Marston Fields and we would advise anyone interested to visit the development to see the beautiful properties available and to speak to our friendly Sales Advisers about our wonderful schemes and incentives.”
Marston Fields has the perfect mix of rural and village life; residents can be at the lovely Millennium Country park in just five minutes or travel 20 minutes and discover the Kingston Shopping Centre in Milton Keynes.
The Torry Orchard development is located in the village of Marston Moretaine where residents can find an abundance of amenities such as a doctor’s surgery, co-op store and family butchers.
For families, there is also a range of great schools nearby including Church End Lower School and Kimberly Sixth Form College, both under five minutes away.
To register an interest in any of the properties at Marston Fields, visit the marketing suite on Monday from 12:30pm until 5:30pm or from Tuesday to Sunday between 10am and 5:30pm.
For more information about Marston Fields, visit the website at www.dwh.co.uk/new-homes/bedfordshire/h734001-marston-fields or call the sales line on 033 3355 8486.
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