ONLY A HANDFUL OF HOMES AVAILABLE TO BUY AT NEW ACRES

01 November 2017

A flurry of sales at Lovell Homes’ New Acres development means there are only a handful of properties now available to buy.

Situated in a popular residential area of Carlisle, this current phase of 50 homes offers a great selection of local shops, schools and parks, all within easy walking distance.

The last few remaining homes include The Yorkley, a detached three-bedroom home priced at £154,500 and a three-bedroom semi-detached Berkley at £132,500. With the government-backed Help to Buy: Equity Loan scheme available exclusively on new build properties, prospective buyers only require a 5% deposit, meaning the semi-detached Berkley is available with a deposit of just £6,625. 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.

There are also a couple of homes still available for Low Cost Home Ownership, including the two-bedroom semi-detached Hampton, which allows purchasers to buy at 30% discount off market value. Priced from £81,550 these homes present an excellent opportunity for eligible buyers who meet criteria set by Carlisle City Council to get a foot on the property ladder. Application forms for these properties are available from the New Acres Marketing Suite.

All available properties feature the same high quality finishes that come as standard in Lovell Homes at New Acres, including spacious kitchen layouts, luxury en-suite bathrooms, off-road parking and numerous integrated appliances.
Clare Noakes, regional sales director for Lovell North West said: “New Acres has been a really popular scheme in Carlisle, particularly for first time buyers, young professionals and families who have utilised the government’s Help to Buy: Equity Loan scheme. Given the price, spec and location, we don’t expect these last few properties to be on the market for long!”

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