An opportunity is awaiting first-time buyers at David Wilson Homes’ Lapwing Green development in Speen, helping them to secure a property at a reduced cost through the Government-backed First Homes scheme.
At the development on Bath Road, a selection of one and two bedroom apartments are available under the scheme, combining modern design with everyday comfort, while offering aspiring homeowners an affordable way to take their first step onto the property ladder.
Exclusive to brand-new properties, the First Homes scheme is designed to help first-time buyers and key workers purchase a home with a minimum 30% discount compared to market value, with some areas offering a discount of up to 50% of the property price. These homes remain discounted for future eligible buyers, ensuring long-term affordability.
To be eligible for the First Homes scheme, buyers must be first-time purchasers aged 18 or older, be able to get a mortgage for at least half the price of the home and have a combined household income of less than £80,000 (or £90,000 in London). Buyers must also meet a criterion determined by the local authority.
New homes cannot cost more than £250,000 (or £420,000 in London) after the discount has been applied.
At Lapwing Green, the one bedroom Redwing and Robin and two bedroom Old Waterworks apartments are available under the First Homes scheme, offering young professionals and couples a stylish yet manageable property to start their homeownership journey.
Emma Hawkins, Sales Director at David Wilson Homes Southern, said: “The First Homes scheme presents a fantastic opportunity for first-time purchasers looking to start their home buying journey and we are pleased to offer a collection of eligible homes at Lapwing Green.
“We recommend any house hunters interested in our brand-new properties to visit our friendly sales team to discuss availability and eligibility.”
Positioned on the outskirts of Newbury and surrounded by more than 10 acres of open space, Lapwing Green combines a peaceful countryside setting with convenient access to everyday amenities.
Newbury town centre lies just over two miles from the development, offering a wide selection of shops, restaurants and bars, as well as cultural attractions and a popular weekly farmers’ market.
For commuters, the A34 is approximately two miles away, providing direct connections to major destinations including Oxford and Winchester.
For more information about the homes at Lapwing Green, call the David Wilson Homes sales team on 033 3355 8487 or visit the website at www.dwh.co.uk.
First Time Buyer is an exciting bi-monthly glossy which takes a stylish and comprehensive look at all the options available, setting them out in an entertaining and informative way, and helping potential customers navigate their way through what is often a daunting and complex process. We dispel the myths, reinforce the facts and arm the reader with the tools necessary to make their homeownership dreams a reality.
