Inglewhite Meadow, Longridge
Inglewhite Road, Longridge, PRESTON, LANCASHIRE, PR3 2NA
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Inglewhite Meadow is an elegant collection of 2, 3 and 4 bedroom homes in the sought after area of Longridge, Preston. These beautiful homes have been designed with modern family life in mind and feature open-plan living spaces.
A home here offers you all the convenience of the nearby city with the luxury of countryside all around. With a choice of excellent schools nearby your children will love it too.
- Quick access to Ribble Valley walks
- 30 minutes from Preston city centre
- Local shops less than 10 minutes away
- Easy commuting via the M6
- Excellent schools in the surrounding area
- Longridge Golf Club less than 20 minutes away
Events and offers
Help to Buy
Looking for more space in your home but only have a small deposit saved?
With Help to Buy you can benefit from:
- Moving with just a 5% deposit
- Access to cheaper mortgage rates
- An interest free loan for five years
- We can help you sell your home and pay your estate agents fees
1.1 This offer is only available on selected new build plots and Developments in England only (excluding London). Under the current scheme, the maximum property value for Help to Buy is £600,000.
1.2 Help to Buy is only available on repayment loans with interest and capital paid every month and on properties which are occupied by the individual or individuals taking out the mortgage.
1.3 Purchasers will be required to raise funding (including a mortgage and a deposit) of not less than 80% of the property purchase price (excluding any mortgage fees). The property will be subject to a first charge in favour of the mortgage company. Purchaser deposit must be a minimum of 5% after the equity loan has been applied. Mortgage lender's criteria may affect any deposit percentage and whether it applies before or after the equity loan is deducted from the purchase price.
1.4 Homes England will provide an equity loan to eligible purchasers of not less than 10% and not more than 20% of the purchase price subject to the terms of the equity loan agreement. Based on the maximum purchase price of £600,000, Homes England will therefore provide an equity loan of up to £120,000.
1.5 The equity loan provided by Homes England will be secured by a second charge on the property behind the first charge referred to in paragraph 1.3.
1.6 The equity loan provided by Homes England will not incur any loan fees for the first 5 years. From the beginning of year 6, loan fees will be payable by the purchaser at an annual gross rate of 1.75% of the loan’s value, rising at the Retail Prices Index (published by the Office for National Statistics) plus 1% per year thereafter. Fees don’t count towards paying back the equity loan.
1.7 The equity loan must be repaid within 25 years of legal completion of the purchase of the property whether the property is sold or not.
1.8 The equity loan will be repayable on the basis of the greater of the price of the property or its market value at the time of future sale or mortgage repayment as opposed to the original purchase price but disregarding additions or improvements made to the property by the purchaser with the consent of Homes England. This means that if the property increases or decreases in value, the purchaser will pay Homes England the same percentage of the new price of the property as the percentage the equity loan was of the original price. This may result in Homes England being paid more or less than the original loan value.
1.9 If, on the sale of the property, the price of the property has fallen and there is insufficient money from the sale to repay the equity loan after the mortgage has been paid the purchaser will lose any deposit paid. Homes England will not however seek to recover the balance of their equity, not otherwise paid out of the proceeds of sale, from the purchaser.
1.10 The purchaser may repay the equity loan to Homes England at any time following legal completion. Repayment whether in full or by instalments will be based on the market value of the property at the time of the repayment(s) and the purchaser will have to arrange and pay for the valuation of the property at that time. The minimum instalment value is 10% of the total of the market value of your home.
1.11 Detailed terms and conditions apply to the equity loan which will be made available to the purchaser via their legal advisors as part of the conveyancing process.
|
Mortgage |
£90,000 |
(75%) |
|
Deposit |
£6,000 |
(5% of purchase price) |
|
Equity loan |
£24,000 |
(20% provided byHomes England) |
|
Purchase price |
£120,000 |
The equity loan provided by Homes England will not incur any loan fees for the first 5 years. From the beginning of year 6, loan fees will be payable by the purchaser at an annual gross rate of 1.75% of the loan’s value, rising at the Retail Prices Index (published by the Office for National Statistics) plus 1% per year thereafter.
|
Open market value |
£150,000 |
(a 25% uplift in value) |
|
Mortgage repayment |
£90,000 |
(assuming no repayment of capital) |
|
Equity loan |
£30,000 |
(20% of the open market value) |
|
Remainder available to purchaser |
£30,000 |
5 Star Builder
We're thrilled to announce that once again we've been awarded a 5 Star customer satisfaction rating by the Home Builders Federation.
It means that over 90% of our customers would recommend us to their friends and family. What's more, it makes us the UK's most recommended housebuilder for the 11th consecutive year*.
*Based on HBF star rating scheme from 2010 to 2020 derived from the NHBC national new homes survey at eight weeks (https://www.hbf.co.uk/policy/policy-and-wider-work-program/customer-satisfaction-survey/#tab-downloads) over 90% of Barratt Developments PLC group customers would recommend our brands to a friend. Barratt Development brands include Barratt London, Barratt Homes and David Wilson.
Site and location
About the area
A fantastic location
Longridge is a pretty town sitting at the foot of Longridge Fell that offers an amazing variety of walks including the Ribble Way – stretching from The Dales all the way down to the estuary. There’s also a great range of shops just 5 minutes away and you’re only half an hour from the centre of Preston, making this an ideal place to live.
Essentials on your doorstep
You’ll find almost a dozen pubs in Longridge, fantastic restaurants and a number of competitive primary and secondary schools, making this an enviable location to say the least.
Add to that the excellent transport links, the convenience of Preston less than half an hour away and the breathtaking views of the surrounding countryside and you’ll soon see why Longridge is so popular.
Superior design
Inglewhite Meadow is a collection of uniquely designed homes, each with their own individual style. The welcoming interiors are fresh, contemporary and finished with high spec German designed kitchens, AEG appliances and Amtico Spacia flooring making a home here one to feel proud of.
Disclaimers
Please note that all images are for illustrative purposes only. Final elevations of the property purchased may differ from those shown. Images include optional upgrades at additional cost. Please see our Image Disclaimer for further details.
Super fast broadband is available on selected plots only. Broadband speeds may vary, which may be affected by various factors including distance from the exchange, time of day and internal home wiring. Actual installation time will be dependent on the broadband provider.
Square footage is the total internal floor area of the home, measured from the internal face of blockwork, excluding the garage (if applicable) and any area with less than 1.5m clear headroom under sloping ceilings. The area taken by stairs is included in both floors that the flight serves.
Gross annual projected rental yield figures are based on the projected yields of at least two independent valuations supplied. Figures do not represent guaranteed rental return and are based on the property being continually rented.
'5 Star Housebuilder' awarded to Barratt Developments Plc Group brands
Following withdrawal or termination of any offer, we reserve the right to extend, reintroduce or amend any such offer as we see fit at any time.