New homes for sale in Pegswood, Northumberland
Located on a small hill close to the River Wansbeck and the river Brocks Burn, Pegswood is a popular charming village in the Northumberland area.
Our developments in Pegswood are ideal for those looking for a new home in and around Northumberland. Start your journey on the road to homeownership in Pegswood.
Find your home in Pegswood
Pegswood is a sought-after village in the Northumberland area with stylish homes for sale and local shops, cafes, restaurants and greens spaces.
There are plenty of nearby attractions, such as Bothal Castle and the Whitehouse Farm Centre. While the famed architecture and landscapes of Northumberland surround the town.
Living in Pegswood means you’re just a few miles from the coast, so you can enjoy days out with walks along the beach during the warmer months. There’s also lots of Northumberland countryside to discover.
Pegswood has many restaurants catering to a variety of tastes. Pegswood Pizzas is popular with lovers of Italian foods, while nearby Morpeth has Niko’s Greek Taberna, which serves up traditional dishes from the heart of Greece.
As a small village, there isn’t a bustling nightlife scene in Pegswood. Instead, you can expect to find local pubs where you can stop by and enjoy a drink while getting to know your new neighbours. Nearby Morpeth also has a range of pubs and bars.
You’re spoilt for choice when it comes to outdoor activities in Pegswood. Newbiggin-by-the-Sea is just six miles away and has access to the coast, while Plessey Woods Country Park is somewhere to walk the dog and discover hiking trails and local nature.
Help to Buy: Equity Loan
The town of Pegswood has a population of around 3,2000 and is a sought-after place to live for professionals and young families. Using Help to Buy: Equity Loan, you can move into your dream home in Pegswood.
Help to Buy: Equity Loan is a Government-backed scheme enabling first-time buyers to get the keys to a new-build home. You only need a deposit of 5%, with the government providing an equity loan of up to 20% of the purchase price. The remaining 75% is covered by a mortgage. Subject to eligibility, terms and conditions.
You must buy your home from a homebuilder registered for Help to Buy: Equity Loan. After selecting the plot of your choice, you’ll pay a £200 reservation fee at which point you will receive free mortgage advice. A specialist will then help you through your application.
You only need a 5% minimum deposit to buy your home in Pegswood with the Help to Buy: Equity Loan. The Government then provides an equity loan of up to 20%.
You don’t pay interest on a Help to Buy: Equity Loan for the first five years. You start to pay interest in year six, on the equity loan amount you borrowed. You can repay all or part of your equity loan at any time – a part-payment must be at least 10% of your home’s worth at the time of repayment.