L&Q: First time buyer homes launching in Buckinghamshire

Shared Ownership available at brand new development in Milton Keynes

House prices in Milton Keynes increased by 1.7% at the start of 2022, outstripping the average for the South East, where prices increased by 0.5%, and outperforming the 0.4% rise across the UK as a whole.

Recognising an acute need for homes for first time buyers in Milton Keynes, L&Q will launch three new spring collections of Shared Ownership homes in the area this April – at Saxon Reach, L&Q at Wavendon Chase and L&Q at Wavendon View.

On April 2nd, L&Q released seven new homes at Saxon Reach, a growing new neighbourhood which is now over 70% sold. On April 9th, first time buyers will have the opportunity to secure one of the final two units at L&Q at Wavendon Chase, whilst seven further two bedroom Shared Ownership homes will launch at L&Q at Wavendon View on April 23rd.

The new homes form part of the wider Glebe Farm development area, a brand-new residential district that will ultimately deliver shops, sport facilities and green spaces alongside 2,900 homes.

Internal photography of a livingroom at L&Q's Saxon Reach - Shared Ownership homes available on Share to Buy

Claire Brenlund, Sales and Marketing Director for L&Q comments; “Shared Ownership homes at Glebe Farm remain hugely popular, and with property prices in Milton Keynes continuing to surpass that of the local and national average, we’re expecting interest for our spring launches to be similarly high.

“With two and three bedroom homes available, the new launches cater for single purchasers, couples and families alike. The homes are perfect for local first time buyers eager to step onto the property ladder in a community spirited neighbourhood surrounded by green spaces, close to a buzzing town centre and well serviced by nearby transport links.”

All homes are built to a high specification. Contemporary kitchens are complete with integrated appliances whilst Amtico flooring and neutral carpets are fitted throughout, allowing buyers to move straight in.

Internal photography of a bedroom at L&Q's Saxon Reach - Shared Ownership homes available on Share to Buy

In the surrounding area, residents enjoy a whole host of leisure, entertainment and fitness facilities nearby, including Milton Keynes’ vibrant town centre with its wide array of shops and restaurants. Closer to home, The Stables Theatre is an intimate venue that hosts big names in jazz, classical, and rock music, whilst local favourite The Wavendon Arms is a charming pub and restaurant rolled into one.

For outdoor pursuits, The Parks Trust maintains over 6,000 acres of green space across Milton Keynes, with Willen Lake and Kents Hill Park both nearby. L&Q’s residents at Glebe Farm also enjoy easy routes into Milton Keynes via the Redway system, a network of walking and cycling paths which extends out to the development.

Conveniently located for commuters, Milton Keynes Central railway station is an 11 minute drive away, with direct trains to London Euston taking 33 minutes. Nearby, Woburn Sands railway station is reachable in five minutes by car, from which journeys to Bletchley and Bedford take 11 and 31 minutes respectively. Meanwhile, the M1 is easily accessible by car, with journeys into London taking just over an hour.

External photography at L&Q at Wavendon View - Shared Ownership homes available on Share to Buy

Shared Ownership prices at Saxon Reach start from £164,998 for a 50% share of a two bedroom home (FMV: £329,995).

Shared Ownership prices at L&Q at Wavendon Chase start from £162,500 for a 50% share of a two bedroom home (FMV: £325,000) and £182,500 for a 50% share of a three bedroom home (FMV: £365,000).

Shared Ownership prices at L&Q at Wavendon View start from £160,000 for a 50% share of a two bedroom home (FMV: £320,000).

Find out more at: lqhomes.com

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