Lantern Fields

Lantern Lane, East Leake, LOUGHBOROUGH, LE12 6QN
  • 2, 3 & 4 bedroom homes
  • From £344,995
  • Help to Buy scheme available

    Help to Buy properties are new builds in England with a value of £600,000 or less. They must be bought as a main home and be fully owned by you.

    [?]
10 year warranty

Get in touch

Our friendly team are here to help you find your ideal home.

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For sales enquiries 08445566166 8am - 9pm Mon-Fri, 8am-8pm Sat-Sun

Images may include optional upgrades at additional cost.

Introducing Lantern Fields

Located in the village of East Leake, Lantern Fields is a beautiful development with green open space that features a mix of 2, 3, 4 and 5 bedroom homes. Situated in a prime position with excellent transport links, this development is the ideal place for growing families and commuters alike.

Sales Centre and Show Home opening hours

Monday, 12.30pm - 5.30pm Thursday to Sunday, 10.00am - 5.30pm

More convenient living
  • 15 minute drive from the M1
  • Rushcliffe Golf Club less than a mile away
  • Primary and secondary schools nearby
Explore in detail
A fantastic location
  • A6 and M1 nearby
  • East Midlands Airport only 8.5 miles away
  • 15 minute drive to East Midlands Parkway
Explore in detail

Development Video

Lantern Fields is a beautiful development with green open space that features a mix of 2, 3, 4 and 5 bedroom homes.

Help to Buy calculator

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. This calculator is provided for guidance only; Barratt Homes does not offer mortgage advice. Subject to full affordability checks, you may qualify for a higher equity loan amount from the government. You should take advice from a suitably qualified adviser before agreeing to a mortgage.

Quality you can trust

When you buy a Barratt home you can be confident you're dealing with one of the nation's most trusted home builders.

5 star builder rating

5 star builder rating

We're the only national home builder to win this prestigious award every year since 2009. Awarded to Barratt Developments Plc Group brands


10 Year Warranty

10 Year Warranty

Peace of mind. All our homes come with a reassuring 10 year NHBC Buildmark Warranty.


Help to Buy

Ask at our Sales Advisers about Help to Buy. With Help to Buy you only need a 5% deposit and the scheme is available to first time buyers and existing home owners.

Full terms & conditions

1.1 This offer is only available on selected new build plots and Developments in England only (excluding London).  The maximum property value for Help to Buy is £600,000.

1.2 Help to buy is only available on capital and interest (or 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 The HCA 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, the HCA will therefore provide an equity loan of up to £120,000.

1.5 The equity loan provided by the HCA 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 the HCA 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 loans 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 the HCA. This means that if the property increases or decreases in value, the purchaser will pay the HCA 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 the HCA 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 loans after the mortgage has been paid the purchaser will lose any deposit paid. The HCA 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 the HCA 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 HCA)

Purchase price

£120,000

 


The equity loan provided by the HCA 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

 

 

Barratt Homes General Terms & Conditions

Any promoted Barratt offer is subject to contract and status. Offers are on selected plots only and are subject to availability. The offers advertised cannot be used in conjunction with any other offer on the same plot unless expressly stated otherwise. Prices and details are correct at time of going to press. All images are typical of Barratt homes and are for illustrative purposes only. Please contact the development in which you are interested for further details.

Barratt reserve the right to withdraw or alter any of these offers at any time prior to the payment of a reservation fee. Contracts must be exchanged within 28 days of reservation of your property. Failure to do so may result in the loss of all or part of your reservation fee.

The current specific offers being advertised in relation to selected Barratt developments are also subject to the specific terms and conditions set out above (N.B. these offers may vary from time to time and you should refer to the development in which you are interested to discover which offers are available on specific plots and developments).

Barratt will not be liable for the refusal of a mortgage based on the borrower’s individual circumstances which leads to the loss of any reservation fee. Barratt will not be responsible for the failure of any deal due to any defects in your existing property which arise as a result of an inspection or survey, whether a part exchange deal has been agreed or not.
These terms and conditions do not affect your statutory rights.

Barratt Homes is trading names of BDW Trading Limited (Registered Number 03018173) which is a subsidiary of Barratt Developments PLC (Registered Number 00604574) both with registered offices at Barratt House, Cartwright Way, Forest Business Park, Bardon Hill, Coalville, Leicestershire, LE67 1UF.

If you require a mortgage, you are strongly advised to obtain advice from a regulated adviser. Barratt Homes recommends from a panel of new build mortgage advisers who have extensive knowledge of the new build mortgage market, though you may, of course, seek such advice from your own mortgage adviser.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Event

We are proud to have been awarded Homebuilder of the Year at The Sunday Times Home Awards. This accolade is awarded to the homebuilder or developer with the most impressive portfolio that demonstrates:

  • Sustainable regeneration
  • The establishment of new communities 
  • Strong architectural design and landscaping
  • Innovative construction methods
  • Environmental initiatives

This is an honour that recognises the thousands of high quality homes we build every year across the country. It is no wonder that over 90% of our customers recommend us.*

*The 90% percentage is based on the number of valid responses received. The HBF Star Rating Scheme is open to HBF members who typically build more than 300 homes per year. It is a voluntary scheme so only those builders who opt to participate will be star rated.

Get the latest news and offers for Lantern Fields

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Show homes

Why not come and visit us at Lantern Fields to see the high quality finish of a Barratt home for yourself? Below are the show homes we have open for viewings.

If you really like what you see, our show homes are often available to buy. Call our friendly Sales Advisers on 08445 566 166 to find out more.

Four+bedroom+Alnwick+home+

ALNWICK

  • 4 bed
Available to view

This home is available for visits, but is not currently for sale. Book your viewing today

[?]
Cambridge%2c+4+bedroom+home

CAMBRIDGE

  • 4 bed
Available to view

This home is available for visits, but is not currently for sale. Book your viewing today

[?]
Chesham

CHESHAM

  • 4 bed
Available to view

This home is available for visits, but is not currently for sale. Book your viewing today

[?]

Essentials on your doorstep

All your essential amenities are located within a 10-minute walk of each other on Main Street and Gotham Road, including a Co-Operative, Post Office, local butcher's, fruit and veg shop, dentist and doctor’s surgery.

For families with children of all ages, there's a pre-school, primary and secondary school opposite the development. East Leake Leisure Centre is also across the road, which has a fitness suite, swimming pool, as well as running regular exercise classes.

Efficient, modern design

We are committed to making our homes the most energy efficient they can be. High levels of insulation, double glazing, energy efficient central heating and modern construction methods all combine to save you hundreds of pounds in bills when compared to an older house.

Lantern Fields will feature plenty of green open space, mature trees and lagoons for attracting wildlife. There will also be a childrens play area.

Find out how Barratt Homes are delivering a sustainable future for housing.

The build so far

We were granted planning permission in August 2014 and began construction in the November. Since then, the development has started to take shape, with many families now proud to call Lantern Fields 'home'. Lantern Fields will have a total of 119 new homes once the build is complete. 

We're now over 50% sold but have a wide range of homes still available. Register your details today to find out more about Lantern Fields and visit our beautiful four bedroom Cambridge, four bedroom Alnwick and four bedroom Chesham Show Homes to see what could be yours.

Meet the team

Tracy

Sales Advisers
Moving home isn't something you do every day, so at Lantern Fields our Sales Adviser Tracy will be on hand to help you every step of the way. With great local knowledge and an in depth understanding of the site, Tracy takes great pride in making your move as easy as possible.

Construction
Joe is the Site Manager here at Lantern Fields and can't wait to show the residents around the various build stages of their new home.

A fantastic location

Lantern Fields offers the best of both worlds; it is located in the traditional village of East Leake, surrounded by open fields whilst not being too far away from Nottingham and Loughborough. The bustling local high street holds all of the shops you would expect to find, not to mention the dining out options like The Nag’s Head pub/restaurant. Meadow Park is a great place to take the children to play with open fields and children’s play areas to enjoy.

By Rail
East Midlands Parkway train station is less than 7 miles away (just a 15 minute drive from the development) offering direct trains to Nottingham, Derby, Leicester and London, as well as a park and ride facilities to East Midlands Airport.

By Road
Lantern Fields is minutes away from the M1 which takes you directly to Nottingham and Leicester, the A52 is a 10 minute drive away where you can get to Derby.

Location Distance Time by car
Loughborough 6 miles 15 minutes
East Midlands Airport 8.5 miles 18 minutes
Nottingham 12 miles 23 minutes
Leicester 17 miles 32 minutes

By Air
Living at Lantern Fields means you are only an 18 minute drive away from East Midlands airport offering flights across the UK and Europe.

School Name Information

No. of pupils

[?]
English

Percentage achieving English Level 4 at Key Stage 2.

[?]
Maths

Percentage achieving Maths Level 4 at Key Stage 2.

[?]
Science

Percentage achieving Science Level 4 at Key Stage 2.

[?]
Agg

Aggregate score of English, Maths & Science results.

[?]
KS2VA

Pupil progress against national average (100). 100+ is above national average; under 100 is below national average.

[?]
Local Average N/A 90.4% 84.0% 93.8% 268.4 100.0
Lantern Lane Primary and Nursery School

Pupils: 390

86.50% 79.50% 93.00% 259 100.3
Harry Carlton Comprehensive School

Pupils: 1104

N/A N/A N/A N/A N/A
Brookside Primary School

Pupils: 223

92.00% 92.00% 96.00% 280 100.2
Costock CofE Primary School

Pupils: 52

N/A% N/A% N/A% N/A N/A
Bunny CofE Primary School

Pupils: 89

N/A% N/A% N/A% N/A N/A
Gotham Primary School

Pupils: 128

85.50% 81.00% 86.00% 253 100
Normanton-on-Soar Primary School

Pupils: 61

N/A% N/A% N/A% N/A N/A
Sutton Bonington Primary School

Pupils: 186

94.00% 85.50% 100.00% 280 99.3
Wymeswold Church of England Primary School

Pupils: 102

94.00% 82.00% 94.00% 270 100.4
James Peacock Infant & Nursery School

Pupils: 163

N/A N/A N/A N/A N/A

Evenings and weekends

The Arts - East Leake has an amateur theatre group for anyone keen to tread the boards.

Museums and Galleries – Loughborough has four museums, the largest being the centrally located Charnwood Museum, which houses a range of exhibits reflecting the history of the area.

The great outdoors - Ruddington Country Park is a wonderful place, south of Nottingham and handy for East Leake residents. With a network of over eight kilometres of footpaths, grassland, conservation and landscaped areas, the park is excellent for walking, jogging and spotting wildlife.

Live the life


Rushcliffe Golf Course is just a short walk away from Lantern Fields. It is home to 18 holes and offers some stunning views across the South Nottinghamshire countryside. Following your game, the clubhouse provides a relaxing environment where you can enjoy quality food and drink throughout the day.

Nottingham is just 12 miles away, where you will find a superb range of shops, from high street stores to designer boutiques. After shopping you can visit one of many bars/restaurants on offer with an impressive choice of places to eat at.


Investing in a Barratt home

Financial Advice

Our team can introduce you to new build mortgage advisers who will offer expert advice specific to your needs. They’ll help find the best buy-to-let investment mortgages, as well as offering guidance on tax and portfolio planning. Most can also meet you at a time and place that’s convenient for you.

Letting Agents

The right agent can make investing much easier. We have strong relationships with reliable local letting agents who will help you achieve the best rental rates for your property. We can also help negotiate management fees and commission rates so you get the best deal.

Legal Advice

If you need it, we can provide you with a list of fully independent solicitors. Offering fast, effective service at competitive rates, the firms we recommend have handled thousands of transactions for Barratt and are familiar with the entire process – meaning less hassle for you.

Quality

Our homes appeal to potential tenants, not just because they look great, but also because we design them to be energy efficient and low maintenance to live in. Our homes have won some of the industry’s most coveted awards for design and quality, and we’re the only major national housebuilder to be awarded a Five Star Housebuilder Award by the Homebuilders Federation, every year since 2009.

Great locations

Decades of UK building experience means we really understand the market – creating homes people desire, in places they want to live. Our properties offer great local amenities and facilities, and are close to major transport links. People like living in Barratt homes – which makes them great investments.

We could help you buy

Please contact a sales adviser to find out which specific offers are available on this development and how they could help you buy your new home.

  • Help to Buy

    Buy a new home with just a 5% deposit with the government-backed Help to Buy scheme.

  • Movemaker

    Buy a new Barratt home and we'll help you arrange to sell your existing home with no estate agent fees to pay.

A more straightforward move

Reserving your home

  1. Like this development? Browse the different homes we have, find the one you're interested in and register your interest.
  2. Once you get in touch our helpful team will be happy to answer your questions and show you round.
  3. When you visit the development, we'll meet you in our show home before guiding you around the home you're interested in.
  4. If you're keen, you'll be able to reserve your home there and then - and we'll take it straight off the market.
To find out more or visit the development, just give us a call:
0844 556 6166

The buying process

Once you’ve reserved your home, you can set the process in motion. Buying a home follows a set process. Here’s a quick overview, but don’t worry if it seems complicated – our team will be happy to answer any questions you have.

Find a solicitor
Find a solicitor

You’ll need a solicitor that specialises in conveyance to look after all the paperwork. We can put you in touch with one if needs be.

Arrange your mortgage
Arrange your mortgage

There are plenty of options to consider when it comes to a mortgage. Once you’ve done your research (or spoken to a mortgage adviser – again, we can put you in touch if you like), you should seek an agreement in principle.

Get a valuation and survey
Get a valuation and survey

Your mortgage lender will want confirmation the home is worth what you’re paying for it. They’ll organise the valuation for you – this will involve a fee.

Complete legal work
Complete legal work

You solicitor will look after this for you. It’s all about formally transferring ownership from us to you, and checking there are no legal obstacles in the way.

Exchange contracts
Exchange contracts

Once the legal work is complete, your solicitor will exchange contracts with us. This is when you pay your deposit and commit to the deal taking place.

Complete and move in
Complete and move in

On the date of completion, you become the legal owner of your new home. Collect the keys and make yourself comfy!

The buying process in Scotland

Once you’ve reserved your home, you can set the process in motion. Buying a home follows a set process. Here’s a quick overview, but don’t worry if it seems complicated – our team will be happy to answer any questions you have.

Find a solicitor
Find a solicitor

You’ll need a solicitor that specialises in conveyance to look after all the paperwork. We can put you in touch with one if needs be.

Arrange your mortgage
Arrange your mortgage

There are plenty of options to consider when it comes to a mortgage. Once you’ve done your research (or spoken to a mortgage adviser – again, we can put you in touch if you like), you should seek an agreement in principle.

Get a valuation and survey
Get a valuation and survey

Your mortgage lender will want confirmation the home is worth what you’re paying for it. They’ll organise the valuation for you – this will involve a fee.

Complete legal work
Complete legal work

You solicitor will look after this for you. It’s all about formally transferring ownership from us to you, and checking there are no legal obstacles in the way.

Exchange contracts
Exchange contracts

Once the legal work is complete, your solicitor will exchange contracts with us. This is when you pay your deposit and commit to the deal taking place.

Complete and move in
Complete and move in

On the date of completion, you become the legal owner of your new home. Collect the keys and make yourself comfy!

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