Stamp Duty Savings for First Time Buyers in Kent
Thanks to the Chancellor’s announcement in the Budget, all first-time buyers will now be exempt from paying stamp duty on homes priced £300,000 or less, as well as being abolished on the first £300,000 on homes worth up to £500,000.
For home buyers keen to get on the housing ladder in Kent, Countryside offers a range of developments across the county in popular areas including Chatham, Ebbsfleet and Hawkhurst, all of which come under the new stamp duty thresholds for first-time buyers.
Offering first-time buyers further assistance in order to become home owners, many of Countryside’s Kent developments also offer the Help to Buy scheme. The Government lends up to 20 percent of the cost of the purchasers’ newly built home up to £600,000, meaning only a five percent cash deposit and 75 percent mortgage is required to make up the rest. Purchasers are also not charged loan fees on the 20 percent loan within the first five years of owning the home.
Iain McPherson, Managing Director of Countryside’s New Homes and Communities South region comments: “The news that stamp duty will be abolished on all homes under £300,000 and only payable on £200,000 of any homes priced up to £500,000, is very welcome news to first time buyers and at Countryside we offer a number of developments across Kent which are ideal to take advantage of these savings. With the added assistance of the Help to Buy Scheme, buyers will be able to receive the support they need to take a step onto the housing ladder.”
Countryside offers an excellent range of homes across Kent under £500,000 and applicable to receive stamp duty savings:
Herschel Place, Hawkhurst, Kent
Recently launched, Herschel Place features a charming collection of 62 two, three, four and five-bedroom homes, located in the picturesque village of Hawkhurst and set in the High Weald Area of Outstanding Natural Beauty. Spacious open plan interiors are complemented by traditional architectural detailing, striking the perfect balance between traditional and contemporary, ensuring that these homes are in keeping with their village setting.
Herschel Place benefits from excellent travel connections, with regular bus services to Maidstone and Tunbridge Wells running through Hawkhurst High Street. Residents will also be well served by road, with the A21 just three miles away, providing easy access to the M25. Ideal for commuters, Etchingham train station is just 4.8 miles away, providing a direct and stress-free service to London Charing Cross.
Prices start from £355,000 for a two-bedroom house, with Help to Buy available.
Horsted Park, Chatham, Kent
The Bidborough and Dallington apartments at Horsted Park offer a stylish collection of one and two-bedroom apartments. Contemporary in design, the homes offer flexible, open plan living spaces, ideal for first time buyers. Horsted Park is perfectly located for commuters, less than two miles from Chatham station, providing direct rail services into central London in as little as 42 minutes and serving a range of mainline stations including London St Pancras International, Victoria and Cannon Street.
Prices for a one-bedroom apartment start from £192,500, with Help to Buy available.
The Docks at Azure, St Mary’s Island, Chatham Kent
Located on the former site of the Royal Naval Dockyard, The Docks at Azure features an exclusive selection of one, two and three-bedroom apartments and three, four and five-bedroom houses, with many of the properties featuring impressive river views and views across the Marina.
St Mary’s Island is under 3 miles from Rochester train station, where high-speed services offering journey times of just 38 minutes into London St Pancras. By road, the island is within a short drive of both the A2 and the M2, providing access into London and Dover.
Prices for a one-bedroom apartment start from £222,500 and prices for a three-bedroom home start from £452,500. Help to Buy is available on a selection of properties.
Springhead Park, Ebbsfleet, Kent
Located within the Ebbsfleet Garden City community, Springhead Park’s latest phase offers a collection of 113 new homes, featuring a range of one and two-bedroom apartments, two-bedroom coach houses, and two, three and four-bedroom houses, providing an excellent mix of homes to suit a wide range of buyers.
The development perfectly combines the best of urban and rural living, providing residents with excellent travel connections into central London in only 17 minutes from nearby Ebbsfleet International train station. With Help to Buy available on all homes at Springhead Park, now is the time to make your move. Prices for a one-bedroom apartment start from £220,000, two-bedroom apartments from £260,000 and prices for a three-bedroom house start from £380,000.
For more information on Countryside’s Kent development, visit www.countrysidepartnerships.com/kent.