Home Group has launched its fantastic new development of affordable two and three bedroom family homes in Burton Latimer, Northamptonshire. The Mayor of Burton Latimer officially opened the show home at the new development named The Wheatfields, accompanied by local councillors and dignitaries.
The Wheatfields is a stunning selection of two and three bedroom new homes, available for sale through shared ownership, whereby buyers can purchase a home for as little as £51,000 for a 40% share based on a full market value of £127,500.
Mayor of Burton Latimer, Councillor Roger Knight comments: “I would like to thank Home Group for inviting myself and the town council to this delightful event. With many re-developments taking place in Burton Latimer, I am impressed that Home Group are delivering the much needed properties for people that wish to own their own homes who would otherwise be unable to. Burton Latimer is a strong community, and we are looking forward to welcoming newcomers to be the life of the town. We hope the future residents of The Wheatfields will enjoy living in these superb homes.”
Sophia Arain, Head of Sales and Marketing comments: “We are delighted The Mayor, Councillor Roger Knight visited The Wheatfields to open the show home. Burton Latimer is a pleasant small town bordered by the beautiful Northamptonshire countryside, and in need of affordable housing for locals. Our development provides quality affordable new homes for first time buyers who are struggling to raise large deposits to get onto the property ladder.”
John Conway, Head of Housing, Kettering Borough Council also comments: "Kettering Borough Council has consistently managed to deliver new homes with our partners, despite the challenging economic climate. We look forward to working with Home Group again in the near future to deliver more affordable housing of a high quality for local people."
Buyers can start by purchasing as little as 40% and increase their share if they wish at any time up to 100% and outright ownership. A subsidised rent is paid on the remaining share of the property. To be considered for the shared ownership scheme, household incomes must be less than £60,000.
An example of the high specification at The Wheatfields is the two bedroom property which features a large lounge area, with a downstairs cloakroom and an open plan kitchen/diner towards the rear of the property, which opens out onto the turfed garden with a shed. On the first floor are the master bedroom, second bedroom and bathroom.
All properties feature an integrated oven, hob and extractor hood, fridge freezer and a washer/dryer. Fitted carpet is standard throughout, except wet areas which have vinyl flooring. The properties also feature a contemporary white bathroom suite with a thermostatically controlled shower over the bath, double glazed lockable windows, gas central heating and allocated parking.
The Wheatfields is located just 3 miles from Kettering and 15 miles from Northampton. The homes are easily accessible for commuters, with access to East Anglia via the A14. There are quick links to London and the North via the M1 and M6. Train services from Kettering to St Pancras provide quick journeys into central London in just under 60 minutes.
Out of the 11 properties that Home Group are taking handover of this year, 6 have been successfully reserved. Prices for a 40% share of a two bedroom property start from £51,000 based on a full market value of £127,500. For further sales information about this development, please contact Home Group on 01189 777 606.