In the market for your first property?
One of the many fall-outs from the pandemic is that huge numbers of people had their home-buying hopes dashed last year.
According to a study by Aviva, almost one in three UK adults intended to purchase a property in 2020, but only a third managed to do so.
36% of these would-be buyers stayed put because they didn’t want extra financial commitments, one in five could no longer afford to move due to a household member losing their job or getting furloughed, and 18 per cent saw their sales fall through.
The problem was particularly acute for first-time buyers, with seven in ten having to rethink their plans. The vast majority still intend to buy and with the housebuilding industry very much open for business, new schemes are being launched across the capital and further afield, some boosting affordability through Help to Buy and shared ownership.
So, why not take a look and see if you’re tempted?
The Gade Hemel Hempstead HP1, from £274,950
Help to Buy makes buying one of these Hemel Hempstead apartments even easier
Hill’s latest scheme is part of a £30 million regeneration programme and very convenient for the town’s Tudor high street.
The one and two-bed apartments have fully fitted kitchens, open plan living areas and a terrace or balcony, and Help to Buy’s on offer.
Ascot House, Staines-upon-Thames TW18, from £76,250 for a 25% share of £305,000
Enjoy the view
Studio, one and two-bed shared ownership apartments, all featuring floor to ceiling windows and sliding doors opening out to a terrace or balcony.
The communal roof garden enjoys sweeping views of the Surrey countryside and Windsor Castle.
King’s Court Acton W3, from £375,000
Apartments at King’s Court come with added extras and appliances
A mix of one, two and three-bed apartments and duplexes in the heart of Acton, west London’s best connected postcode with bus, tube, Overground and – eventually – Crossrail services.
Underfloor heating, LED lighting and fitted kitchens with integrated appliances are included.
No 4 Oxford Road, Kilburn NW6, from £190,000 for a 40 per cent share of £475,000
Shared ownership makes this luxurious Kilburn flat affordable (Picture: Mark Sims)
Three one-bed shared ownership apartments have been carved out of a period building just off the normally lively Kilburn High Road.
Combining classic and contemporary features, they’re within easy reach of Bakerloo and Overground stations.
Citypark Gardens, Southall UB2, from £275,000
Up-and-coming Southall will soon have a Crossrail station
Only a seven-minute walk from Southall’s forthcoming Crossrail station, this development is delivering 133 studio, one, two and three-bed apartments and forms part of the ongoing transformation of this up-and-coming area. London Help to Buy’s on offer.
The Switch Wimbledon SW17, from £77,500 for a 25 per cent share of £310,000
Perfect for sport lovers
These one, two and three-bed shared ownership apartments are set around AFC Wimbledon’s new stadium.
Most have outside space and residents have use of communal roof gardens.
Branksome Godalming GU7, from £200,000
Once a private school, Branksome is now a block of luxury apartments
Originally commissioned as a private school, this grandiose Victorian building has been sympathetically converted into 16 one-to-three-bed luxury apartments, alongside a new block containing a further nine homes with allocated parking, and Help to Buy’s available.
The Arches, Watford WD17, from £321,000
Fibre optic broadbands already sorted at The Arches
Help to Buy is available at this gated development, which is next to a supermarket and close to Watford High Street and Bushey stations.
The studio, one and two-bed apartments are kitted out with stone worktops, Bosch appliances, USB sockets and fibre optic broadband.
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