A step in the right direction
buyers, enabling those with smaller deposits to take a step onto the housing ladder.
“Nationwide is a long- term supporter of those seeking to buy their own home and our new choice of 95 per cent loan- to- value mortgages is an extension to the range of small deposit products we offer for first time buyers.”
As well as free advice, support and guidance for first- time buyers, a range of properties will also be exhibited, demonstrating what can be bought on a variety of budgets.
For young professionals looking to buy a more compact high specification property, Inspired Homes will be available to discuss its various apartments and starter homes in Croydon, Epsom and Sutton where prices start from as little as £ 239,995. Their unique properties include access to a superb range of communal facilities and services.
Green Dragon House in Croydon is Inspired Homes’ flagship development. A former office building, Green Dragon House has been cleverly brought back to life as 119 individual one and two bedroom apartments, all built to the same high level of specification and design that you would expect from all Inspired Homes.
The development is located close to excellent transport links which offer services into London Bridge or Victoria in less than 15 minutes. Apartments in Green Dragon House are already selling fast off- plan and are expected to be ready in spring 2016.
Martin Skinner from Inspired Homes says: “Buying your own property in London has been out of reach for most young professionals, as salaries have failed to keep up with the capital’s booming housing market. Renting has become the only viable option for those who want to live a certain lifestyle but can’t afford the price tag.
“Inspired Homes is all about bridging that gap by creating an innovative, high spec/ high tech yet affordable solution which enables people to live brilliantly whilst owning their own property.”
For those who are able to afford a share of a new home, a number of housing associations will be present on the day. An example is Riverside Apartments in Tottenham where Newlon Housing Trust has a stylish collection of apartments available to buy on a shared ownership basis.
Prices start at £ 68,475 for a 30 per cent share of a one bedroom apartment with a full market value of £ 228,250. A process called staircasing means that homebuyers can eventually own the property outright as they continue to buy shares in their home.
Of course, Help to Buy is a well- known route to home ownership and private developers including Countryside, Barratt London and Fairview will be present on the day to offer a range of properties available with the popular 5 per cent homebuying scheme. As well as exhibiting some of their more central schemes, those looking for a family home within easy commuting distance of the capital may find this useful.
For example, an ideal commuter home may be The Lanes at Wickhurst Green in the West Sussex village of Broadbridge Heath by housebuilder Countryside. Available with the Help to Buy scheme, a fourbedroom, three- storey family home offers over 1,500 sq. ft of spacious living in a picturesque village style development.
Available from £ 445,000 and a deposit of £ 22,250, the family home offers great value for money and is ideal for families looking to enjoy countryside living and benefit from just under an hour’s commute to London. Clark adds: “By coming to the show, hopeful home buyers with a range of budgets will be able discuss their own financial situation and find out what is the best and most cost efficient route to home ownership.” INFORMATION: For those who register for the First Time Buyer Home Show and attend on the day, there will also be a chance to win £ 5,000 towards the cost of getting onto the housing ladder. For further details visit www. ftbhomeshow. com