Fernwood Village

Phoenix Lane, Fernwood, NEWARK, NOTTINGHAMSHIRE, NG24 3UA

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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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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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Join us for our Sales Centre launch on the 9th November from 11am. Reserve your new home at our event and receive a £1,000 John Lewis & Partners Gift Card. 

Situated in the Nottinghamshire village of Fernwood is the exciting new collection of 2, 3 and 4 bedroom homes brought to you by quality award winning homebuilder Barratt Homes.

With lots of green open space to enjoy, fantastic transport links by road and rail, plus the quaint market town of Newark-on-Trent on your doorstep there is something here for everyone.

Click here to receive the latest offers and updates from Fernwood Village 

Visit us at our temporary Sales Centre in Bingham - Romans' Quarter, Dunsmore Avenue, Bingham NG13 7AB

  • Act fast, reserve your new home today at our pre-show home prices
  • 5 star homebuilder for 10 years
  • Multi-award winning Site Manager
  • Reserve your new home with just a 5% deposit with Help to Buy - available to first time buyers and existing homeowners
  • Quick links to the A1, travelling in both directions
  • 12 minute drive to Newark town centre
  • Direct train services to London Kings Cross
  • Number of schooling options close-by
Images include optional upgrades at additional cost

Why not come and visit? Our opening hours are... Monday 12.30pm to 5.30pm Thursday to Sunday 10.00am to 5.30pm

Events and offers

Just a 5% deposit with Help to Buy

HTB Logo

With Help to Buy, you could buy a brand-new home sooner than you think.

  • You only need a 5% deposit.
  • The Government lends you up to 20% of the value of the property.
  • The loan is interest-free for 5 years, making your dream home more affordable.
  • You then need to secure a 75% mortgage.

There are a range of competitive mortgage rates available with this scheme, so it’s worth comparing lenders to find the best deal. We can introduce you to a New Home Mortgage Adviser who’ll search the market to find you a great deal.

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

 

 

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 a brand name 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 Home 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

Home of the week

Kingsville

The Kingsville | Plot 33 | From £214,995

Reserve our home of the week and receive an upgraded kitchen with integrated appliances* worth over £4,000.

Terms & Conditions

*Terms and conditions apply. Offer available on plot 33 only. 

Site and location

Site plan
Local area map

About the area

A fantastic location

Greater Fernwood is the ideal place for you and your family to call home. Newark Town centre is just a 12-minute drive away where you will find a number of shops, cafés, wine bars and restaurants. You’re only 35 minutes from Lincoln city centre, or if you’re looking to shop till you drop, Nottingham city centre is a 45 minute drive where you will find INTU shopping centre.

Explore your new surroundings with ease thanks to the fantastic transport links close by, including the A1 and A46 linking to the A52.

Essentials on your doorstop

At Greater Fernwood, you'll have all you need for day to day living nearby. Here's a list of the places we think will be handy for you:

• Chuter Ede Primary School (Situated next to the development)
• Sainsbury’s (1.4 miles)
• Well Pharmacy (1.6 miles)
• Tesco Express (1.7 miles)
• The Newark Academy (2.2 miles)
• Code Fitness Gym (2.8 miles)
• Newark Hospital (3.7 miles)

Efficient, modern design  

We have placed a great deal of thought and emphasis on our homes at this development, with each home having been individually designed both internally and externally to provide a unique and contemporary feel. Fernwood Village will feature green open spaces and energy efficient homes with fantastic open-plan layouts covered by our 2 year fixtures and fittings warranty. 

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

Disclaimers

Please note that all images are for illustrative purposes only. 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.