L&Q: Shared Ownership homes launched in Buckinghamshire
Contemporary first time buyer homes available at Glebe Farm, Milton Keynes
On December 12th and 13th, L&Q launched the final phase of homes at L&Q at The Fairways, and a small collection of homes in the first phase of its Shared Ownership properties at L&Q at Glebe Meadows, in the growing Glebe Farm development in Buckinghamshire, Milton Keynes. These L&Q Shared Ownership collections are made up of two, three and four bedroom homes, which will provide bright and open spaces in the bustling community just minutes away from the centre of Milton Keynes, ideal for couples and growing families.
L&Q at The Fairways and L&Q at Glebe Meadows is part of the wider Glebe Farm development area, a growing new residential quarter for Milton Keynes. Glebe Farm will deliver new retail and commercial facilities, a doctor’s surgery and sports and leisure facilities, as well as 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.
L&Q at The Fairways will be offering the final five high-quality specification homes at affordable prices for first time buyers, growing families and young professionals with a unique opportunity to own their very own home. Starting prices from £87,500 at 35% share with a low deposit of £4,375 for a two bedroom house.
Over at L&Q Glebe Meadows, the four contemporary two and four bedroom homes – perfect for growing families and first time buyers – will be available from £106,750 at 35% share with a deposit of £5,338 for a two bedroom house, and £127,750 at 35% share with a deposit of £6,388 for a four bedroom house.
Shared Ownership makes it possible to own your home – even if you feel priced out of the property market. It’s an affordable home ownership scheme designed as a stepping-stone to outright ownership if you can’t afford to buy a home on the open market. Under the Shared Ownership scheme, you part-own and part-rent your home, making it possible for first time buyers and families to get on the property ladder.
Christine Osborne, Sales and Customer Services Director L&Q (Counties Region), comments: “We’ve seen a significant demand for Shared Ownership in and around Milton Keynes over the past year and have many happy and satisfied homebuyers who have brought their first homes through L&Q Shared Ownership scheme in the area.
“With its prime location set along the Cambridge-Milton Keynes-Oxford corridor, Milton Keynes is a growing city and a base for a number of leading national and international companies, the city has seen significant population and employment growth over recent years. With the rise in remote and agile working, buying a home further afield to take advantage of the spacious homes and countryside living is the ideal solution for many people. We are pleased to be delivering a range of homes for single people, couples and families looking to put down roots in this flourishing area.”
Residents will enjoy close access to the town centre and local village Wavendon, whilst being nestled amongst some of the most scenic parks and local attractions. As well as direct links to Oxford and Cambridge, Glebe Farm is well-connected to both London and the North, close to the M1 via the A421. The development is also a short drive from Milton Keynes train station, providing regular half an hour journeys to London Euston.
New homes at The Fairways are complete with integrated BEKO appliances in the kitchen. Bathrooms feature contemporary white sanitaryware and chrome finishes, while the master bedroom is fitted with built-in wardrobes. Each home will have allocated parking spaces, external lighting and come inclusive of shed, paving and turf to the rear.
Prices start from £87,500 for a 35% share of a two bedroom house (full market value £250,000), £119,000 for a 35% share of a three bedroom house (full market value £340,000), and £129,500 for a 35% share of a four bedroom house (full market value £370,000).
L&Q at Glebe Meadows is available from £106,750 for a 35% share of a two bedroom house (full market value £305,000), and £127,750 for a 35% share of a four bedroom house (full market value £365,000).
Register interest at lqhomes.com/milton-keynes, or contact our sales team on 0333 003 2316 for L&Q at The Fairways, and 0333 003 2346 for L&Q at Glebe Meadows
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.