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Crest Nicholson launches new development in Kegworth, Leicestershire

Award-winning developer, Crest Nicholson, has launched its brand new Kegworth Gate development in Leicestershire, available for buyers from July 11. The development comprises a contemporary collection of 179 three and four bedroom homes, located in the attractive village of Kegworth.

The houses offer a range of flexible layouts to suit the needs of the buyer, making this perfect for an array of interested parties, from first time buyers to families looking to take the next step on the housing ladder. The homes have been thoughtfully designed to reflect the character of the natural surrounds while carrying a modern look with modern specification throughout.

The four-bedroom show home, which is an Avon house type, will be open for bookings to show off the open plan kitchens and spacious living rooms that are a common feature in Kegworth Gate. Potential buyers will be able to envision their future home and get a sense of the location too.

Vanessa MacNee, Sales and Marketing Director at Crest Nicholson Midlands, commented: “We are delighted to be launching Crest Nicholson’s latest development, Kegworth Gate, in Leicestershire. Kegworth is a charming village with plenty of amenities to offer, so we expect the development to be popular with families attracted by the idea of a village lifestyle.

“Our show home offers a great chance for potential buyers to get a feel for the properties, so we highly recommend those who are interested to take a look as soon as they can with interest in the development already high.”

“This is a great time for first-time buyers to get their foot on the property ladder, with mortgage rates at a historical low” said Dean Jacobs, Director at Allegro Mortgages. “Buying a first home can be a daunting process, but a number of schemes and incentives are available to ease some of the difficulties. The government offers the Help to Buy: Equity Loan scheme, allowing first time buyers to secure a mortgage with just a 5% deposit. The government also waives stamp duty for a first home for anything up to £300,000.

“A Help to Buy ISA or Lifetime ISA are both very useful for first time buyers, providing a 25% boost on your savings to use towards the deposit of a first home. It is important to remember that lenders are competing for business too, so buyers should be aware of this and seek out the best incentives – lenders can sometimes offer up to £500 cash back.”

Residents at Kegworth Gate will enjoy the surrounding countryside and open green spaces that make this a particularly picturesque part of the country to take a stroll in. With shops and businesses beginning to reopen, residents will also be able to take advantage of an array of amenities within walking distance, including convenience stores, a bakery, pharmacy, hairdressers, doctor’s surgery and a range of popular pubs and restaurants.

Families are well catered for in the area with Kegworth Primary located on the doorstep, as well as Kegworth Village Hall Pre-School for infants. For students aged 11 – 18, Wilsthorpe School is located in nearby Long Eaton. All three schools are rated “Good” by Ofsted.

Excellent transport connections are another benefit of Kegworth Gate, with neighbouring Loughborough, Nottingham and Derby all within easy reach. East Midlands airport is less than ten minutes away via the M1, perfect for those who enjoy a quick getaway to Europe and beyond. East Midlands Parkway train station is just a short drive away too, providing trains to Derby in less than 20 minutes, Nottingham in under 15 minutes and to London St Pancras in under two hours.  

The government-backed Help to Buy: Equity Loan scheme is available on a selection of properties at the development, allowing home hunters to buy with just a 5% deposit. Under the scheme, which is ending this year, the government offers an interest free equity loan of up to 20% of the cost of the home, meaning that only a 75% mortgage is needed to make up the rest. Selected homes at Kegworth Gate will also be available with Crest Nicholson’s SmoothMove scheme or the Part Exchange scheme. For more information please visit crestnicholson.com/kegworthgate or call 01509 860 077.

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