Lucerne Fields

Godwell Lane, Ivybridge, IVYBRIDGE, DEVON, PL21 0LT

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Arranging to speak to a Sales Adviser at Lucerne Fields is easy. Use our booking tool to choose the date and time that suits you. Please be aware that all appointments are currently by phone only.  We'll need your phone number and email address to arrange, confirm and carry out your phone appointment. Once you've sent them through we'll be in touch. 

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We look forward to speaking to you. To make any changes to your appointment booking, call us on 03333558491

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Don't miss out on your ideal home

How will Barratt use my data?

We'll only ever contact you in ways you've agreed to, keep your data safe, and will never sell it on to a 3rd party.

To find out more about what we do - and don't do - with your data, read our privacy policy.

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By confirming this callback request you have agreed that we can contact you.

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To find out more about Lucerne Fields, please enter your details below so we can email you a brochure.

Don't miss out on your ideal home

How will Barratt use my data?

We'll only ever contact you in ways you've agreed to, keep your data safe, and will never sell it on to a 3rd party.

To find out more about what we do - and don't do - with your data, read our privacy policy.

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How will Barratt use my data?

We'll only ever contact you in ways you've agreed to, keep your data safe, and will never sell it on to a 3rd party.

To find out more about what we do - and don't do - with your data, read our privacy policy.

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We will be in touch with updates on this development and others close by based on the details you have shared with us.

Lucerne Fields 6 Months Mortgage Paid. Offer available on selected homes only.

Lucerne Fields is a collection of 2, 3 and 4 bedroom homes on the outskirts of Ivybridge. The development is only a stone’s throw from the Devon Expressway with fantastic transport links nearby, giving easy access to Plymouth and Exeter. You can also enjoy beautiful moorland walks that are just a short drive away.

  • 6 months mortgage paid
  • Great links to Plymouth and Exeter
  • Walking distance to local shops and facilities
  • Local parks and moorland walks
  • Excellent schools, leisure centres and transport links
  • Close to the Devon Expressway
  • Countryside on your doorstep
Images include optional upgrades at additional cost

Why not phone us? Our opening hours are... Mon 12.30 - 5.30pm, Tues - Sun 10am - 5.30pm

Events and offers

6 Months Mortgage Paid

Barratt Logo

We could pay your mortgage for 6 months, when you reserve selected homes at Lucerne Fields.

Speak to one of our Sales Advisers for details.

Terms & Conditions

6 Months Mortgage Paid offer is available on selected plots only.

Mortgage subsidy amount is up to a maximum of £10,000 dependent on monthly mortgage repayments.

Speak to Sales Adviser for further details.

Help to Buy is changing

Event Module Help to Buy

From 1st April 2021, the Government's Help to Buy scheme in England will only be available for first-time buyers

If you're a current homeowner and would like to move using the Help to Buy scheme, with just a 5% deposit, you could still be eligible if you complete on  your new home by 31st March 2021.

Terms & Conditions

1.1 This offer is only available on selected new build plots and Developments in England only (excluding London). Under the current scheme until March 2021, the maximum property value for Help to Buy is £600,000.

1.2 Help to Buy is only available on repayment mortgages 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 equity loans.

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.

An example of how Help to Buy works is as follows:

 

Mortgage

£90,000

(75%)

Deposit

£6,000

(5% of purchase price)

Equity loan

£24,000

(20% provided by Homes 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 invalue)

Mortgage repayment

£90,000

(assuming norepayment ofcapital)

Equity loan

£30,000

(20% of the openmarket value)

Remainder available to purchaser

£30,000

 

 

Site and location

Interactive site plan
Site plan
Local area map

About the area

A fantastic location

If you're looking for a strong community spirit then Lucerne Fields is the place for you. With excellent schools and a range of facilities to offer all age groups, Ivybridge has something for everyone.

The A38 is only a short drive away, providing fantastic connections to Cornwall, Plymouth and Exeter. Regular buses run to Plymouth and the South Hams. Exeter airport is only a 45 minute drive, perfect for short haul holidays and business trips.

Essentials on your doorstep

In Ivybridge, you will have everything you need on your doorstep:

  • Local shops, pubs and facilities within walking distance
  • Access to the leisure centre, parks and beautiful countryside
  • Oftsed rated 'Outstanding' Manor Primary School close by
  • Easily travel to Exeter and Plymouth via the A380 and M5

Efficient, modern design

You could save money on your energy bills when you buy a new Barratt home as we use clever features designed to reduce your energy consumption:

  • Enhanced insulation to keep heat in and noise out
  • Argon gas-filled double glazing to minimise heat loss
  • Highest efficiency-rated boilers available
  • Water saving taps, showers and toilets

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.