DISCOUNT MARKET VALUE SCHEME

A fantastic opportunity to purchase your first home, available at 80% of the open market value.

A selection of homes at Sherbourne have been released as Discounted Market Value (DMV) properties giving eligible buyers the chance to secure a brand-new home at 80% of the open market price.

This exclusive opportunity makes owning your first home more achievable than ever. Contact us to arrange an appointment to view.

No. 7 is an Alston, a contemporary two-bedroom semi-detached home featuring driveway parking to the front and gated side access to a south-facing enclosed rear garden. The ground floor includes an entrance hall with a W/C off, a fitted shaker-style kitchen, and a spacious lounge/diner with a glazed door opening onto the garden. Upstairs, there are two double bedrooms and a modern family bathroom.

What Is A Discounted Market Value Home? - These homes are available to purchase at 80% of their full open-market value.

They are offered exclusively to buyers who meet the following simple eligibility criteria:
* You must be a first-time buyer
* You must be aged 18 or over
* You must secure a mortgage for at least 50% of the property's value

Under the scheme, eligible first-time buyers can purchase 100% ownership of the home while paying only 80% of its market value. The discount is applied from the outset, meaning:
* You own the property outright from day one
* Your deposit and mortgage are calculated on the reduced price
* You benefit from the full rights of homeownership, but with a significantly lower upfront cost

Radcliffe On Trent - Radcliffe on Trent has a wealth of amenities including a good range of shops, doctors, dentists, schooling for all ages, restaurants and public houses, golf and bowls clubs, regular bus and train services (Nottingham to Grantham line). The village is conveniently located for commuting to the cities of Nottingham (6m) Newark (14m) Grantham (18m) Derby (23m) Leicester (24m) via the A52, A46, with the M1, A1 and East Midlands airport close by.

Spitfire Homes - Spitfire Homes is an award-winning homebuilder with a proven track record for creating design-led, sustainable properties across the Midlands. Whether presenting a deliberate contrast or seamlessly tying in with the local vernacular, the combination of quality materials, striking architectural detail and carefully considered layouts enables Spitfire to create places that people want to call home.

Photography And Cgi's - Photography is taken from already constructed homes of the same house type. Computer generated images (CGI's) are of the relevant house type and not necessarily the specific plot. Roof and brick materials vary per home, please ask for specific plot details.

Read less