Lovell Homes Launches Support Schemes for Armed Forces at Drummond Park Development in Ludgershall
Lovell Homes has launched support schemes for Armed Forces members and key workers at its Drummond Park development in Ludgershall, offering a £500 discount for every £25,000 spent on homes. The initiative, aimed at promoting homeownership within a military-connected community, also allows eligible military buyers to access the Government-backed Forces Help to Buy scheme. The development will feature 412 homes, including 309 open market and 103 affordable units in partnership with Stonewater.
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Lovell Homes is implementing support schemes for Armed Forces members and key workers at its Drummond Park development in Ludgershall. Armed forces personnel can receive a £500 discount for every £25,000 spent on a home, applicable to the Army, Royal Navy, RAF, and Ministry of Defence.
The development, located on the former Defence Medical Equipment Depot, aims to promote homeownership within a community with military ties. Eligible military buyers may also utilize the Government-backed Forces Help to Buy scheme, allowing them to borrow up to 50% of their annual salary, up to £25,000, for deposits or moving costs.
Key workers, including NHS and emergency service employees, can access a similar scheme. Drummond Park will deliver 412 homes, comprising 309 open market properties and 103 affordable homes, with affordable units developed in partnership with Stonewater.
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