Lakeview Court, Keinton Mandeville, Somerset
Galion has recently released the next phase of residential homes within their ‘Lakeview’ landscape at Keinton Mandeville with the launch of ‘Lakeview Court’ – a stunning collection of ten semi-detached/detached houses that combine local heritage with contemporary and sustainable living, as well as the opportunity to work from home following Covid-19. Help to buy is available for all owners of primary residences, whilst the developer is also contributing up to £1,000 in conveyancing costs to first time buyers and keyworkers.
However, with the recent announcement that applications for the current Help to Buy Equity Loan scheme need to be completed by 15th December 2020, combined with the stamp duty holiday deadline looming, Galion warns time is running out for buyers to purchase their dream new build home with dual financial support from the Government.
Victoria Creber, Sales and Marketing Director at Galion explains: “Now couldn’t be a better time for both first time buyers and non first time buyers to purchase their dream new build home in the Somerset countryside, as they can take advantage of the current help to buy scheme which allows them to borrow up to £600,000, pay no stamp duty on our starter homes as they fall under the threshold, plus receive a contribution towards their conveyancing costs if they are a first time buyer or a key worker. That’s a hugely attractive package!
“However, with buyers needing to have completed their sale by the 31st March deadlines, it has put increased pressure on the property industry as a whole to get sales through on time as buyers flood the market. This is why the help to buy applications have to be in by 15th December – to help ease sales along – but with only a few weeks left, it’s time to start getting yourself organised if you wish to apply. Also, although there will be another new help to buy scheme from April next year, it will only be available to first time buyers – at a reduced borrowing cap of £349,000 for the south west. This means if you’re not buying your first home, the next few weeks are your last chance to receive financial help through the help to buy scheme. We’re receiving lots of enquiries now as a result.”
Previously a former shallow quarry for Somerset’s local Blue Lias stone during the 18th and 19th Centuries, Lakeview Court has been built with the stone on which it sits, and is located adjacent to the main development, Lakeview, which has already become Keinton Mandeville’s most sought after address.
Sharing the same on-site amenities, countryside walks and local craftsmanship, Lakeview Court comprises three two-bedroom and seven three-bedroom houses all boasting large outdoor space and private parking, whilst at the same time being surrounded by miles of beautiful undulating Somerset countryside. Internally, the interior designers have ensured a modern and homely feel with a traditional country twist to provide a combination of warm styling, deluxe finishes and fittings as well as well-appointed aesthetics – all with an understated luxury to complement the spacious rooms, flagstone terrace and large private gardens.
Residents also benefit from:
Superfast fibreoptic cables installed into each property – a work hub offering meeting rooms, work space and café – a new village green designed to bring the local community together with picnics, open air theatre and fetes – blossoming wildflower meadows with landscaped walkways; open green spaces – an orchard and community allotments.
Keinton Mandeville sits midway between the market towns of Somerton and Castle Cary, offering easy access to London and the South West. The village has a local store, village pub and other amenities as well as Keinton Mandeville Primary School which achieves some of the highest academic standards in the area. The village hall is the hub of the community and regularly hosts adult education classes, Pilates, short mat bowling, Sea Scouts, Brownies and a daily doctor’s surgery. There are also playing fields with children’s play area, tennis court, a skateboard park and two popular farm shops.
Creber adds: “Our family homes at the main LakeView site sold exceptionally well during the pandemic as their size, quality, craftsmanship and amenities plus beautiful surroundings attracted those seeking rural life, more space inside and out, the ability to work from home and good commuter options. The popularity of our ten homes at LakeView Court has been no different, with two sold within two weeks of launch. Although smaller and more affordable, we have not compromised on quality for the residents at all. They share exactly the same amenities as the family houses and there is already a lovely community growing here as more and more residents move in across the entire site. With everything Keinton Mandeville has to offer, it makes a wonderful and vibrant place to live.”