Now, to meet the further need for high-quality housing in the area – especially for first-time buyers – Larkfleet has launched phase three of the development. This comprises nine more two, three and four-bedroom properties.
Properties at The Coppice are very popular with homebuyers. In fact, some of the new-build homes launched as part of the third phase (such as those in the artist’s impression, above) have already been reserved off-plan.
The government’s Help to Buy scheme is available on homes at The Coppice, including the phase three properties recently released. Under the scheme, homebuyers can potentially own 100 per cent of their new home with just a 75 per cent mortgage and a five per cent deposit.
Homebuyers using Help to Buy receive an equity loan from the government for the 20 per cent of the property value not covered by their deposit and mortgage. The equity loan is interest-free for five years and can be repaid at any time or on the sale of the home.
Larkfleet CEO Karl Hick (pictured) said: “The addition of these properties to The Coppice development will provide quality homes that are also energy-efficient, meeting the demand for housing in the local area.
“Deeping St James is an extremely sought-after location and the popularity of the development has demonstrated this. I would urge any first-time buyers looking for that first step on to the housing ladder to visit our sales office at The Coppice – they may find they could own their own home for less than they expect.”
The Coppice is ideally situated between Peterborough, Stamford and Spalding – just a 20-minute drive in each direction.
Click here for more information on The Coppice or call 07826 914344.