RENT, SAVE, BUY
BARRATT HOMES AND DAVID WILSON HOMES First time buyers often tell us they can’t save for a deposit because they are already paying “their landlord’s mortgage”. With the average deposit for a first time buyer rising to £54,116, while rents are skyrocketing, it’s no wonder that the younger generation are struggling to get their foot on the ladder, says Marc Woolfe, Director of Sales and Marketing at Barratt David Wilson North Thames
moment and lock in the home of their choice now. Instead of paying private rent that eats up all their savings, the money can be put to good use as part of their deposit, all while enjoying living in their new home. The Rent then Buy scheme is on offer at a range of developments at Barratt David Wilson North Thames. To find out more about the Barratt Homes properties available call 0333 355 8500 and for David Wilson Homes properties available call 0333 355 8501, barratthomes.co.uk or dwh.co.uk
home while their monthly payments build their deposit up to 5%. At the end of the six-month rental period, the money they have paid in rent is counted as the remaining 2.5% of their deposit, meaning they can then draw down a 95% mortgage and complete the purchase of their brand new home. The scheme provides a lifeline to speed up the saving process, allowing homebuyers to get started on their new life without delay. With saving for a deposit becoming increasingly difficult and with rents rising fast, Rent then Buy offers homebuyers a chance to seize the
However, innovative new schemes are providing a glimmer of hope for "Generation Rent" by turning renters into buyers. Our recently launched Rent then Buy scheme, for example, helps aspiring homeowners build the deposit they need, while they are living in their dream Barratt David Wilson home. This provides much-needed support for qualifying first time buyers, enabling them to put down just a 2.5% deposit, exchange contracts and move into their new home straight away. Using the scheme, buyers can spend six months renting their chosen new
LEIGHTON BUZZARD Clipstone Park
AYLESBURY Orchard Green @ Kingsbrook
Located in Leighton Buzzard, this is a highly sought-after, thriving community. Residents can enjoy beautiful countryside on their doorstep, as well as an array of schools within walking distance and plenty of new amenities to come. Reach London within 30 minutes via Leighton Buzzard station, and M1 junction 11A in 10 minutes. Three and four bedroom homes from Barratt Homes start at £390,000, and three and four bedroom homes available from David Wilson Homes start at £535,000.
This large, multi-phase development near Aylesbury in Buckinghamshire comprises 2,450 new homes, three new schools and community
infrastructure. Partnering with the RSPB, sustainability is at the heart of this development, with a 250-acre area of wildlife-rich space, and more than 100 allotments. One bedroom Barratt Homes apartments start from £230,000, and three and four bedroom David Wilson Homes from £380,000.
HOUGHTON REGIS Linmere
BUCKINGHAM St Rumbold’s Fields
Linmere in Houghton Regis will have over 5,000
Located in Buckingham, these two and three bedroom properties from Barratt Homes start from £255,000. There are
homes, schools, parks and a community cafe. Located within five minutes of the M1, the nearest stations are Leighton Buzzard, Leagrave and Luton Airport Parkway. It offers 90 acres of public open space, 17 play areas for the community, electric car charging points and new community allotments. Three bedroom Barratt Homes start from £362,500 and £355,000 for a David Wilson Home.
children's equipped play areas and a large public open space feature within the development. The Royal Latin Grammar school is located within walking distance of the development. Located between the M1 and M40, you’ll be within easy access of Milton Keynes, Bicester and Aylesbury. You can reach London in under 40 minutes from Milton Keynes or Bletchley railway stations.
34 First Time Buyer February/March 2024
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