L and Q: Housing demand soars at Saxon Reach in Milton Keynes
Buyers can save more than £15,000 on four bedroom homes in Buckinghamshire
Seeing the UKs highest increase in demand following the stamp duty holiday announcement, Milton Keynes has led the commuter belt property boom over the past month. While UK-wide enquiries for homes costing between the £400,000 to £500,000 have increased by 49%, the thriving town of Milton Keynes has recorded a 136% increase in buyer enquiries – demonstrating the growing popularity of the town.
Saving the average house buyer more than £4,500, the stamp duty cut has led to a surge in enquiries and sales at L&Q’s Saxon Reach development in Milton Keynes. Further helping house hunters secure their dream home in the popular hotspot, L&Q has a number of incentives available on individual plots at the development, contributing toward the significant influx of viewings and reservations made at Saxon Reach.
These incentives are giving potential buyers the rare opportunity to save more than £15,000 when purchasing a four bedroom home, with a reduced reservation cost of £99, fully furnished homes available and legal fees, removal costs and two years of service charge paid by L&Q.
Christine Osborne, Sales and Customer Services Director (Counties) at L&Q, comments, “At L&Q, our priority is helping buyers purchase their dream home at an affordable price, from first time buyers and second steppers to growing families and downsizers. The stamp duty holiday is an extremely important initiative, especially at this time, and will allow thousands of buyers to take their next step on the property ladder. With Help to Buy also available at Saxon Reach, buyers can look to take advantage of the scheme before the new changes are introduced next April. It’s no surprise to see interest levels in Milton Keynes soaring above the national average; with more and more buyers searching to move out to a larger home in the countryside whilst enjoying a swift journey into the town centre and central London, Saxon Reach is perfectly positioned for a wide range of buyers.”
Saxon Reach will ultimately deliver 225 high quality homes in the form of one to five bedroom homes available through Shared Ownership and Help to Buy, creating a thriving new district on the outskirts of Milton Keynes. Part of the wider Glebe Farm development area, the site will deliver new retail and commercial facilities, and an extension of the Milton Keynes Redway system – a 200-mile network of shared use paths for cyclists and pedestrians. Perfect for families, the site will also be home to two new schools – a primary and a secondary school.
With Assisted Move and Part Exchange also both available on private sale homes at Saxon Reach, the wide variety of home ownership schemes ensure that buyers can purchase their new home without the hassle of managing the sale of their previous home. L&Q’s Assisted Move scheme, which can be used in conjunction with Help to Buy, benefits current homeowners hoping to sell their current property quickly, with L&Q handling the chain and expenses of the process, while with Part Exchange, L&Q will purchase your current property, giving homeowners a guaranteed sale with a quick offer.
The development is one of the first developments forming part of L&Q’s New-Build Homes: Quality Standard promise, a commitment to delivering premium fixtures, fittings and appliances as standard; at no additional cost to the buyer. The stylish homes all offer high-quality interior specification throughout; Nobilia kitchens are complete with integrated appliances, while bathrooms feature sleek sanitaryware and chrome fixtures. Underfoot, all homes are fitted with premium Amtico flooring, plush carpet and gloss porcelain tiling. Master bedrooms are fitted with mirrored sliding wardrobes and the majority will have an en-suite.
Private Sale prices start from £367,750 for a three bedroom house available with Help to Buy and £460,000 for a four bedroom house with Help to Buy. Find out more about Saxon Reach on lqhomes.com.
Available through Help to Buy, Part Exchange, Assisted Move and Shared Ownership, contact our sales team on 01908 031197 to book a viewing of our brand new show homes.
Help to Buy Equity Loan is available for both first time buyers and existing homeowners, and our Part Exchange and Assisted Move schemes can help you sell your existing property.
Share to Buy is a one stop shop for affordable homes. On our website, you can search for properties, compare mortgages and find out all you need to know about alternative home buying schemes such as Shared Ownership and Help to Buy via our FAQs and guides.