LoginSubscribe to Alerts

Help To Buy Event In Silsoe This Weekend

Posted 3 March 2021 by Keith Osborne

Hayfield invites first-time buyers to come to its Bedfordshire development to find out more about the equity loan scheme...

WhatHouse? Award winner Hayfield will be holding a Help to Buy weekend at Hayfield Place in the Bedfordshire village of Silsoe between 10.00am and 5.00pm on Saturday 6 and Sunday 7 March, to enable first-time buyers to find out about the government initiative.

Kelly Sharman, sales and marketing director for Hayfield, said: “The government’s Help to Buy initiative means that first-time buyers only need to secure a mortgage for 75% of the asking price. A 5% deposit is required, with the remaining 20% able to be funded by a government loan. This initiative ensures that our smaller house designs are within reach of more buyers. However, with only four of these homes available at Hayfield Place, we are encouraging people to secure their appointment slot for our Help to Buy weekend as soon as possible.”

Featuring 105 homes, Hayfield Place – situated close to English Heritage’s 92-acre Wrest Park Estate in the sought-after village of Silsoe – is well over 60% sold. Newly released two-bedroom ‘Lulsley’ homes and three-bedroom ‘Buckland’ designs are priced at £335,000 and £395,000 respectively, placing them well within the government’s new East of England price cap for Help to Buy.

David Spencer, new build mortgage specialist at Just Mortgages, said: “We need to get the message out there that Help to Buy is still available for first-time buyers and that the price cap for this area offers the opportunity to secure a beautiful new home. The Bedfordshire Help to Buy price cap is £407,400, while in the neighbouring county of Northamptonshire, the price cap is only £261,900.

“A handful of the top lenders are currently offering rates under 2% for purchasers considering a five-year fixed-rate mortgage, if you use Help to Buy. Given the advantages of only needing to put down as little as a 5% deposit, this is a much more affordable option than buying a home on the second-hand market, as the deposit requirements are much higher.

“I deal with a lot of Help to Buy applications and would like to reassure those who may be interested that the timescales are also very reasonable. What’s more, the Hayfield team and I will help you every step of the way.”

‘Buckland’The ‘Buckland’ house type

A number of four-bedroom executive ‘Hallow’ and ‘Harcourt’ homes are also available at Hayfield Place, priced at £660,000 and £670,000. In addition, there are also newly released ‘Hatton’ homes priced at £475,000, which feature three double bedrooms and an integral garage.

Hayfield Place has been designed to reflect architectural styles from the historic village, weaving in local materials and detailing. The new homes are being constructed in red and buff brick and the specification features include underfloor heating, designer Laufen bathrooms, Minoli ceramic tiles, Hammonds fitted wardrobes, Farrow & Ball paint, heritage bronze door furniture and bi-fold doors. The bespoke kitchens designed by Manor Interiors include a range of integrated Bosch appliances, such as multifunctional ovens, an induction hob, dishwasher and an instant hot tap.

New public footpaths, a balancing pond, a biodiversity corridor that will run across the site, and a new section of bridleway and cycle route are all being created to connect Hayfield Place into the local Bedfordshire footpath network.

The nearby towns of Milton Keynes, Luton and Bedford offer a wealth of shopping, restaurants, entertainment and sporting facilities. Luton airport is 12 miles away, and Flitwick station is four miles away, making it an ideal location for those wishing to travel for pleasure or commute.

Hayfield Place is open seven days a week from 10.00am to 5.00pm. Find out more at www.hayfieldhomes.co.uk or [email protected]

 

Find retirement homes in Bedfordshire
Find Help to Buy homes in Bedfordshire
Find new homes in Bedfordshire

 

Adrian Anderson (Anderson Harris)
26 January 2022
Adrian Anderson, director of Anderson Harris, has shared his thoughts and predictions on the shape of the UK mortgages market in 2022…Read more
How to manage rising interest rates
21 December 2021
Brian Murphy, head of lending at Mortgage Advice Bureau, shares his top tips homeowners should consider to help manage an interest rate rise…Read more
Preston Square (Barratt Homes)
14 December 2021
WhatHouse? Award-winner Barratt Developments continues its work on delivering eco-friendly homes...Read more
Sign up for email alertsGet the latest properties and updates sent directly to your inbox daily, weekly or immediately you are in control.
Subscribe to Alerts
New Homebuyers Guide
Together with Redrow, we’ve created a guide to take you through the whole process, step-by-step; from house-hunting to past moving-in day. There are handy tips on how to anticipate and avoid complications, and some advice on ways you can successfully purchase your ideal new home.

Click here to see your activities