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Rent or buy site proving popular with prospective residents

Published: Friday, 2 December 2016

Rental homes at The Oaklands are being snapped up like hot cakes – with home buyers also taking advantage of a rare opportunity to buy brand new homes in Dawley.

Our site in Matlock Avenue is unique in Telford in that it offers a mix of both private rental properties through Nuplace and houses for sale through the council’s development partner Lovell.
Already 30 per cent of the rental properties have been let and there has been plenty of interest in the properties which are for sale.
Councillor Richard Overton, Telford & Wrekin Council’s cabinet member for Housing, said: “The Oaklands development is ideally located and offers something for everyone. It is close to schools, shops and leisure facilities and within easy reach of Telford Town Park and Telford Town Centre.
“When the development was first launched, Nuplace had 47 two and three bedroom homes available for rent but these are going fast.”
“In addition, Lovell have 44 new homes available for sale on the open market with the first houses to be released in the Spring of 2017. Lovell will be offering “Help to Buy” on a number of properties and as one of the first new build developments in Dawley for some time I have no doubt that these quality new homes will be hugely popular.

Michelle Barnsley, Field Sales Manager of Lovell says: “’We’re already getting plenty of enquiries about our new two- and three-bedroom homes for sale and very much look forward to releasing the first properties. 
“These are extremely versatile, contemporary homes which will work brilliantly for a range of buyers, from single people and couples to families and retirees. As well as great location, the availability of the Government-backed Help to Buy: Equity Loan scheme is another major attraction. 
“This initiative enables homebuyers to secure a brand-new home with a deposit of just five per cent and 75 per cent mortgage by accessing a 20 per cent equity loan (which is interest-free for the first five years) from the Government.”