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Help to Buy means Bovey Tracey house hunters could be in a new home sooner than they think

5 March 2018

Local independent house builder, Devonshire Homes, are enabling house hunters to use the Help to Buy scheme across a range of homes at its popular Bovey Tracey site, The Tors. 

Now in its final phase, The Tors is a collection of two, three, four and five bedroom homes located on the edge of Dartmoor National Park. The government Help to Buy scheme is available across a range of new homes at The Tors, allowing house seekers to purchase their dream home with just a 5% deposit. 

Devonshire Homes is currently offering Help to Buy at The Tors on stylish three, four and five bedroom houses so both first time buyers and existing home owners can receive a helping hand by using the scheme. 

The Webb is a charming three bedroom freehold house and is currently available on plots 40 and 51 using the Help to Buy scheme. First time buyers will be impressed by how the Webb has made use of every square foot. With an open-plan living / dining room and three bedrooms, including a luxury master bedroom, the Webb makes for the perfect first home for a couple or small family.

For house hunters looking for more space, The Tors also has a range of beautiful four and five bedroom homes available through the Help to Buy scheme. For potential home owners looking for four bedrooms, the Morris house type could be the perfect fit. Available on plots 46 and 48, the Morris boasts beautiful features including a study, large living room and generous en-suite in the master bedroom. 
The five bedroom Cromwell house type can also be discovered at The Tors and purchased using Help to Buy. Offering flexible living over three floors, the Cromwell features an open plan kitchen/dining/living room on the ground floor. Upstairs, house seekers will discover five bedrooms including a master bedroom which benefits from an en-suite and fitted wardrobes in a dressing area.  

Once Bovey Tracey house seekers have found their ideal home, they need to put down a 5% deposit. The Government will then provide an equity loan for up to 20% of the value of the property. The loan is interest free for the first five years and can be re-paid at any time within 25 years or on the sale of the property. A mortgage is then secured for the remaining 75%.  

Jane Pearce, Sales and Marketing Director at Devonshire Homes, commented: 

“By using the Help to Buy scheme, house hunters can be living in a new home sooner than they think. This government scheme is great for first time buyers as it gives them a helping hand onto the property ladder, but it’s also ideal for existing home owners too who may be looking for a larger property. You only need to put down a 5% deposit with Help to Buy which for many is a lot more achievable than paying the full deposit.” 

Jane continued: “Help to Buy is available across a range of homes at our Bovey Tracey development, The Tors, including the lovely three bedroom Webb, the stylish four bedroom Morris and the impressive five bedroom Cromwell house types. I encourage house hunters to visit our Marketing Suite and speak to our friendly Sales Executives Sue and Tracey who will be able to give you more information on the Help to Buy scheme and the properties available.” 

The Tors is located in the bustling town of Bovey Tracey which has a close-knit community and plenty of amenities as well as being conveniently close to the major commuter routes of the A38 and the M5. Prices currently start from £230,000 for a freehold two bedroom house.