[L]ovell’s New Acres development in Carlisle has been Highly Commended at the prestigious First Time Buyer Readers’ award 2018 which took place last week.
The national awards, which are one of the most acclaimed in the industry, are a celebration of the initiatives and developments helping aspirational buyers get onto the housing ladder. New Acres, from Lovell Homes, was one of just three developments, out of 28 entries, to make the final shortlist in the ‘Best New Development in the North’ category. The three finalists went head to head in a public vote on the First Time Buyer Readers’ award website, with the results announced at a gala event at The Waldorf Hilton Hotel in London on April 20th.
Situated in an established residential area of Carlisle, the first phase of New Acres has sold out completely, with the next phase of the development coming soon. Potential purchasers are encouraged to register their interest now to receive information on the release date.
Homes at New Acres offer an excellent opportunity for first time buyers to get onto the property ladder, with just a 5% deposit required if using the government-backed Help to Buy: Equity Loan scheme. This means a typical home priced at £116,500 can be purchased with a deposit of £5,825, which is £27,175 lower than the national average of £33,000, according to the 2017 Halifax First-Time Buyer Review. The homeowner then requires a mortgage for 75% of the property value with the government providing an equity loan to cover the remaining 20%, which is interest free for five years. And with no stamp duty to pay for purchasers who have not previously owned a home, these homes can become a reality in 2018 for buyers who may previously have thought they were out of their reach.
The contemporary layout of the homes at New Acres has proved particularly popular with first time buyers, alongside the inclusion of ovens and white goods which further reduces initial costs, and the opportunity to personalise their home before they move in, avoiding the later hassle and expense of DIY.
Clare Noakes, regional sales director for Lovell North West said: “To have been shortlisted out of 28 entries was fantastic and to then be Highly Commended is truly demonstrative of how successful New Acres has been in providing first time buyers with an opportunity to get that vital first step on the ladder.
“These homes really do offer excellent value for money and are in a great location, close to a fantastic selection of local shops, schools and parks so we’d encourage anyone interested in moving to New Acres to register their interest as soon as possible.”
New Acres isn’t Lovell’s only development in Cumbria. In Cockermouth, The Laureates offers a collection of 217 luxury two, three, four and five bedroom homes, located in close proximity to the town centre. Homes at The Laureates, which is proving attractive to couples, families and those looking to downsize, range from £174,950 for a two bedroom home, to £449,995 for a five bedroom home. All these homes are available with Help to Buy.
To experience the specification and build quality first hand visit the New Acres show homes.
For all sales enquiries, call 01228 371 670. For more information on how you could buy a brand new home at The Laureates, visit the marketing suite on Low Road, Cockermouth. Or, alternatively, call 01900 358645 or visit www.livelaureates.com