It's the last chance to buy at New Meridian Village in Ramsgate as over 85% of the homes have sold.

Developer, Explore Living believes the success at the development, which was launched in 2009, is mainly due to the range of incentives designed to help buyers get on the property ladder.

Two schemes in particular, have proved extremely popular; Route 85 and Try Before You Buy.

The Route 85 shared equity scheme allows buyers to own 100 per cent of their new home and get 15% free for up to 10 years. The 15% share is funded by Explore Living on an interest-free basis to the buyer.

All new buyers need is a minimum deposit of 5% of the property's value that they are interested in and an additional £1,000 to reserve their home, some terms and conditions do apply and Route 85 is subject to availability.

Try Before You Buy enables buyers to experience life at New Meridian Village by renting an apartment or house before committing to buy. If they decide to buy, tenants will have the opportunity to use the rent paid to the value of up to 5% as part of their purchase.

John Inglis, of Explore Living says: "Over 60% of the sales made at New Meridian Village have been via the Route 85 scheme and since the launch of Try Before You Buy three months ago, we have already had over 15 rentals.

"We are delighted with the sales success and we expect the popularity of New Meridian Village to continue."

Properties have features including under-floor heating in the apartments, optional integrated-sound system with iPod docking station, flat screen TVs and solid concrete floors and staircases to help eliminate squeaking floorboards.

Ramsgate railway station is only a short distance from the development and provides the direct high speed service to London St Pancras in only one hour and 15 minutes.

Prices to buy at New Meridian Village start from £132,995 and rentals from £635 per month. For more information call 0845 8721004.