Properties at
Concept
2, 3, 4 and 5 bedroom new homes
Address
Concept, Turnpike Road, Red Lodge, Suffolk, IP28 8JZ
About the New Homes
The Concept development Red Lodge is in a unique position, with very close proximity to both the United States Air Force Base at Mildenhall and the Royal Air Force Base at Lakenheath, it offers the ideal opportunity for investors to buy to let at yields of as much as 8%. For those looking for a property of their own the ease of access for both A14 and A11 major access roads those working in Cambridge, Bury St Edmunds, Newmarket and even commuting to london will find this a very convenient location."
The Government backed
FirstBuy
scheme is available to help eligible buyers to purchase a new home on this development.
FirstBuy
is designed to help first time buyers get onto the housing ladder with a smaller
deposit.
With
FirstBuy, you only need a 5%
deposit. You take out an equity loan of up to 20%, which is interest free for 5
years. So you could only need a 75% mortgage, but you own 100% of your new home.
Here’s an example of how it could work:
|
Property price |
£100,000 |
|
Deposit |
£5,000 |
|
Equity loan |
£20,000 |
|
Mortgage required |
£75,000 |
Take a look at our
FirstBuy
page to read full terms and conditions and find out more about how the scheme works.
View
new homes for sale at Concept.