Help to Buy arrives at Knights Wood

    Knights Wood Tunbridge Wells

    Knights Wood is a stunning collection of two, three and four-bedroom family homes from award-winning developer Dandara, situated in tranquil Kentish woodland on the edge of Royal Tunbridge Wells.

    Since its launch last year, Knights Wood has proved extremely popular with a diverse range of buyers, from young couples searching for their first home together, to commuters eager to take advantage of the town’s rail links to three different mainline stations in the capital.

    For anyone who dreams of owning a new-build property in Tunbridge Wells but only has a small deposit, now is a great time to buy at Knights Wood, thanks to the Government’s Help to Buy scheme.

    Traditionally, a deposit of around 20% of the purchase price has been required to obtain a mortgage for a new-build home.  Saving such an amount can be extremely difficult – especially for first time buyers – and in recognition of this, the scheme is designed to help those with a deposit of at least 5%.

    Help to Buy allows buyers to borrow 20% of the purchase price interest-free for the first five years of the mortgage, as long as they have a 5% deposit and the property price does not exceed £600,000. This ‘equity loan’ agreement makes new-build homes much more affordable to buyers who would have previously been unable to raise the considerable deposit required.

    At Knights Wood, there are currently a number of stylish house-types available below the £600,000 Help to Buy threshold, including the much sought-after Victoria.  This attractive and traditionally designed two-bedroom, semi-detached home offers the benefit of allocated off-road parking and features a kitchen/dining room and separate living room, with double-doors to the garden.

    Also available within the Help to Buy price bracket is the three bedroom Sunburst, with semi-detached and detached versions currently still available, as well as the four-bedroom, semi-detached Golding.

    Speaking of the arrival of Help to Buy at Knights Wood, Susie Bennett, Dandara’s UK Sales Director for the South East said, “Setting foot inside your very first new home is a fantastic feeling and I really hope that being able to offer Help to Buy at Knights Wood, we are able to welcome buyers who may have previously thought a new home here was out of their reach.

    “With the brand new Skinners’ Kent Primary School opening earlier this month and a vibrant town square planned to open soon, this is truly an exciting time at Knights Wood.”

    Two, three and four-bedroom homes at Knights Wood are available now, with prices from £360,000.

    For further information or to make an appointment to see the new View Home, visit www.knightswood.co.uk or call 01892 800580.  Alternatively, please visit the Marketing Suite at Knights Wood, which is open daily from 10.00am to 5.00pm.