A dream home at Vista is worth the in­vest­ment

I

Harefield Gazette - - UXBRIDGE PROPERTY -

A‘20% dis­count on your first home’ was the at­ten­tion-grab­bing head­line when the gov­ern­ment an­nounced a ‘new scheme on the block’ for first­time buy­ers.

The scheme, the Star ter Home Ini­tia­tive, of­fers first-time buy­ers who are un­der 40 the op­por tu­nity to buy a new home with a min­i­mum 20% dis­count off the mar­ket price.

With av­er­age house prices for first-time buy­ers in Eng­land stand­ing at around £218k, ob­vi­ously depend­ing on where you are, a new star ter home could save those el­i­gi­ble across the countr y an av­er­age of £43k while help­ing to get them onto the hous­ing lad­der.

One of the rea­sons that this move is pos­si­ble is due to changes in plan­ning pol­icy, es­sen­tially mean­ing that builders who de­velop com­mer­cial and industrial land – which is ei­ther un­us­able or sur­plus – for the new star ter homes will be able to save on costs by free­ing them from the re­quire­ment to pro­vide af­ford­able hous­ing. In re­turn, de­vel­op­ers will have to of­fer the homes at the dis­counted price.

A main is­sue with proper ty has never been the de­mand but un­doubt­edly the lack of sup­ply, and the knock-on ef­fect of this planned hous­ing in­crease is that it not only helps first-timers to get into the proper ty mar­ket, it also helps fam­i­lies to move as ‘sec­ond plus time buy­ers’ and brings great in­vest­ment op­por tu­ni­ties too.

A con­sul­ta­tion is cur­rently un­der way and the con­clu­sions are ex­pected in the spring. In the mean­time,The Home Builders Fed­er­a­tion, via NewHomes.co.uk, has agreed to com­pile a data­base of peo­ple in­ter­ested in re­ceiv­ing up­dates on the scheme and as­pir­ing home­own­ers can reg­is­ter their in­ter­est now on a web­site at www.star ter-home.co.uk.

De­vel­op­ers and coun­cils are be­ing asked to re­spond to the pro­pos­als to en­sure the changes will make a range of sites across the countr y avail­able.

Many of the countr y’s lead­ing house builders and coun­cils are al­ready look­ing at op­tions that could be used for new homes – and a long list of house builders, in­clud­ing the main play­ers, have al­ready pledged their sup­por t to the idea and build­ing on the first proper ties is ex­pected to star t within months. F YOU dream of a home you can profit from both phys­i­cally and fi­nan­cially, look no fur­ther than In­land Homes’ Vista at Dray­ton Gar­den Vil­lage,West Dray­ton. The prop­er­ties at Vista are mod­ern, spa­cious and adapt­able, of­fer­ing room to grow for house hun­ters crav­ing more space, and with ‘Help to Buy’ avail­able, and the com­mu­nity all set to ben­e­fit from the Cross­rail ‘ef­fect’ in 2019, there are so many ways to gain from in­vest­ing at this multi award­win­ning devel­op­ment.

The three and four bed­room ‘Ar­ling­ton’ and ‘Ch­ester­ton’ townhouses cur­rently avail­able are part of a sweep­ing cres­cent of homes over­look­ing Au­tumn Green, one of sev­eral open, out­door spa­ces at Dray­ton Gar­den Vil­lage in­clud­ing vil­lage greens, av­enues land­scaped by trees and chil­dren’s play ar­eas.

The Ar­ling­ton is a three bed­room townhouse with a gen­er­ous open-plan kitchen, dining and fam­ily room on the ground floor. On the first floor there’s a fam­ily bath­room and a large living room with a bal­cony over­look­ing the green and a large sec­ond bed­room. The sec­ond floor con­tains a sub­stan­tial mas­ter bed­room, with a fit­ted wardrobe and en-suite shower room, along with a size­able third bed­room.

The Ch­ester­ton is a sub­stan­tial four bed­room townhouse which in­cludes on the ground floor a study, wash­room and a vast kitchen/fam­ily room.The first floor has a gen­er­ous living room with both a full bal­cony and a Juliet bal­cony over­look­ing the green, and a fam­ily bath­room and size­able sec­ond bed­room. On the sec­ond floor there is a large mas­ter bed­room with fit­ted wardrobes and an en-suite shower room and two fur­ther good-sized bed­rooms.

Dray­ton Gar­den Vil­lage is a pi­o­neer­ing 779-home com­mu­nity be­ing cre­ated by In­land Homes on a 31-acre site, for­merly RAF West Dray­ton, Mid­dle­sex.

The com­mu­nity will ben­e­fit from a Cross­rail link at nearby West Dray­ton sta­tion in late 2019, mean­ing those who in­vest early should ben­e­fit from house price rises, widely ex­pected due to the ‘Cross­rail ef­fect’, in the longer term.

The open-plan living/dining area in the show home at Vista (above) and right a CGI of the sweep­ing cres­cent of townhouses over­look­ing a vil­lage green

There are now just 10 townhouses left at Vista, and they are sell­ing fast. Many buy­ers are tak­ing ad­van­tage of the gov­ern­ment’s ‘Help to Buy’ eq­uity loan, en­abling them to se­cure a prop­erty with just a 5% de­posit, with the gov­ern­ment lend­ing up to 20% of the cost of the home and a 75% mort­gage mak­ing up the rest.

The townhouses at Vista, Dray­ton Gar­den Vil­lage are priced from £489,950 to £529,950. Both house types will be ready to move into dur­ing win­ter 2015.

The mar­ket­ing suite and show home at Vista are open daily from 10am to 5pm. For fur­ther in­for­ma­tion please call 01895 431901 or email the agents mar­ket­ing the devel­op­ment, Cameron at vista@cameron-group. co.uk

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.