Should I buy a resale or new build given the current cost of-living crisis?

SHOULD I BUY A RESALE OR NEW BUILD GIVEN THE CURRENT COST OF LIVING CRISIS?

While the allure of a brand new property

is appealing, given the cost of living crisis and stagnating prices many are switching their search to resales. You pay anything up to 10% on top of the full market value as a new build premium, so in a climate of stagnating prices, there’s a real risk of going into negative equity where the value of your home is less than your mortgage. Buying a new build property is a long-term investment as selling a year or two after you purchase can mean the property has lost value as other new build developments in the area may now command the premium.

A recent survey from YouGov indicated that less than one in five people would like to live in a newly built home. The poll found that just 18% of adults said they would “prefer to live in” a house that was built in the last 10 years. This compares with 24% who wanted to live in a house built between 10 and 50 years ago, 23% in a home built between 50 and 100 years ago and 17% in an older home. The survey did not ask why people wanted to live in an older home, but some of the country’s biggest housebuilders have hit the headlines in recent years for constructing poorly finished properties.

Another benefit of buying a resale shared ownership property is that rents are usually cheaper as they are ordinarily based on 2.75% of the unpurchased share on an annual basis at the point the property is first sold. In model leases this increases annually at RPI+0.5% which recently has been lower than property price increases. We asked industry experts for their opinion.

Bobby Stewart from Arrange My Mortgage

“It is no secret that over the last 12 months the mortgage market has been a changing world. Inflation, mortgage rates and the cost of living have all increased. As mortgage interest rates have increased, monthly mortgage repayments are higher than 12 months ago. However, there are still many mortgage products available, especially on shared ownership. “The benefit of getting a mortgage on a resale shared ownership property over a new build is that you tend to have more lender options available. Most of the competitive high street lenders require you to have a bigger deposit when purchasing a new build, so this may also mean that resale properties are more affordable for you.”

Duncan Hall from Taylor Rose MW

“Buying a property enables stable and long-term ownership with the potential for the capital that you hold in the property to increase over time. In this challenging financial environment, shared ownership can allow you to get on the property ladder where you might otherwise be priced out. “Crucially, as shared ownership purchase prices are lower than those of full market properties, so too will be the deposit and the monthly mortgage commitments. And even with the current increases in mortgage rates, the monthly repayments are still likely to be lower than on private rental properties. What’s more, when a return to lower mortgage rates occurs, your improved financial situation may enable you to then increase your share of ownership by staircasing. Once a property has been staircased to 100% you would own it outright like any other leasehold property.”

Adrian Muttitt from Maxim Financial

“Home prices have seen some large gains in the past couple of years, leaving homebuyers wondering if they should move forward with a home purchase. Property is still in high demand and buyers may need to move quickly to snag their dream home. “To compound the urgency, interest rates that have remained relatively low are on the move, with experts predicting that rates are set to rise by the end of the year. However, it’s not all bad news, even with a predicted interest rate increase, mortgages may still remain affordable. For buyers with a healthy deposit, there are still very favourable terms to be had and there are lenders that offer 5% deposit schemes. “On 23 September 2022, the Government raised the threshold for paying Stamp Duty from £125,000 to £250,000. For first time buyers, this increased from £300,000 to £425,000. So, it is an ideal time to take advantage of this. “Home price increases may rise slowly, but there are indications that mortgage costs will not sustain current low rates. It may be wise for buyers to bite the bullet and move forward with a home purchase before the end of the year, while the cost of borrowing remains low.”

Pros of buying a resale

More affordable – lower values and lower rents making properties more affordable. Character – older properties can have more character and period features. Community – a resale is more likely to have an established community. View the property – new build properties may be sold off-plan. With a resale you can view the actual home personally. Potential – a resale may need cosmetic work which gives you the chance to make it your own, and potentially increase its value.

Cons of buying a resale

Onward chains – a resale is likely to be in a chain which can add delays to a sale. Energy efficiency – homes over 10 years old are unlikely to be as energy efficient as a new build meaning higher energy bills. Renovations – you may want to redecorate or install new kitchens and bathrooms which add costs onto your ownership. Maintenance – there may be maintenance required from day one of moving in.

Pros of buying a new build

Ready to live in – a new home is a blank canvas so there will be little to do. Incentives – some housing providers can offer incentives to sell new build units. Lower energy usage – new build homes are far more energy efficient. Chain-free – meaning fewer complications.

Cons of buying new build

New home premium – there’s a risk of the price falling and you losing money if you are selling in the short term. Snagging – there will always be some snags. Delays – Move in dates can be put back for new builds incurring rent and storage costs and the risk of your mortgage offer expiring. Given the current climate the wiser investment may be a resale property. Just make sure you have all the information before you exchange contracts. urbanmoves.com

DEPOSIT £16,250 £16,250 FMV £650,000 DEPOSIT £11,875 £11,875 FMV £475,000 DEPOSIT £5,375 £5,375 FMV £215,000

THE SADDLER BUILDING

24 Wharf Road, London N1 7GQ

A spacious and well-presented apartment on the ground fl oor of this modern, conveniently located development. The reception room has attractive wood fl ooring and is semi open-plan to the kitchen. There is a generously entrance hallway with storage cupboard, a stylish, high-spec bathroom and the bedroom features a built-in wardrobe. Modern insulation, high performance glazing and a communal heating/ hot water system give it a very good energyeffi ciency rating. The Saddler Building has an attractive courtyard and a roof terrace with good views. Angel and Old Street stations are a short walk away. The apartment benefi ts from secure parking and cycle storage.

urbanmoves.com/properties/229926

PENNY FIELDS HOUSE

Francis Harvey Way, London SE8 4DA

This stylishly presented, second fl oor apartment features a near 23ft reception room with an open-plan kitchen and a door to a south west-facing balcony. There is a large bedroom with en suite, plus a second double bedroom and an attractive main bathroom. The entrance hallway includes useful built-in cupboards and modern insulation, glazing and gas central heating make for a very good energy effi ciency. St Johns is the nearest station and provides a frequent service into London Bridge/Cannon Street. New Cross and Deptford Bridge are within walking distance for London Overground and DLR. Deptford railway station provides additional Thameslink services.

urbanmoves.com/properties/229927

VIRIDIAN SQUARE

Aylesbury, Buckinghamshire HP21 7FX

A smartly presented, raised ground fl oor fl at which is rear (south west) facing with a Juliette balcony in the reception/dining room. Improvements to the property include attractive tiled splashbacks and metal shelving in the kitchen and new fl ooring in the bathroom. The main bedroom has an en suite, plus there is a smaller second bedroom/study. Modern double glazing and well insulated walls make for a good energy-effi ciency rating. Viridian Square is only a short walk from Aylesbury town centre, with its mix of the charming historic architecture and modern facilities. Aylesbury railway station is also within easy reach. The fl at comes with use of a parking space.

urbanmoves.com/properties/231627

DEPOSIT £14,000 £14,000 FMV £350,000 DEPOSIT £12,500 £12,500 FMV £250,000 DEPOSIT £6,875 £6,875 FMV £275,000

FALSTAFF CLOSE

East Malling, Kent ME19 6FX

This modern, two-storey family house enjoys an end-terrace position with several rooms having dual aspect. Inside, there’s a generous entrance hall, a reception room with attractive fl ooring, a central cloakroom and a kitchen/diner opening to the garden. On the fi rst fl oor is an 18ft main bedroom with built-in wardrobe, plus a second large bedroom, a third double bedroom and a naturally lit bathroom with large format tiles. Good insulation and high-performance glazing contribute towards a very good energy effi ciency rating. The house has a parking space and is within easy walking distance of East Malling and West Malling stations.

urbanmoves.com/properties/232016

MUSTANG ROAD

Seamer, Scarborough, N Yorks YO12 4NL

This recently constructed, elegant house has an integral garage which has been divided to create an extra room while retaining useful external storage. The ground fl oor also includes a stylish kitchen, WC and full-width reception/ dining room with attractive herringbone fl ooring. Patio doors open on to a rear garden with lawn and decked seating area. On the fi rst fl oor is a large main bedroom with en suite shower room, plus two further double bedrooms and a smart, naturally lit bathroom. The energy effi ciency rating is very good, thanks to well insulated walls and high performance glazing. A driveway allows for off-street parking.

urbanmoves.com/properties/231371

WILLIAMS GROVE

Cockermouth, Cumbria CA13 0ZJ

This beautifully presented house has an entrance hallway with large-format fl oor tiles and understairs cloakroom, an attractive kitchen/diner with white units and integrated appliances and a reception room that opens onto a good-sized rear garden. On the fi rst fl oor is a main bedroom with dressing area and en suite plus two further double bedrooms and a naturally lit bathroom. The house was built quite recently, and the energy effi ciency rating is very good, thanks to good insulation, high performance glazing and a modern gas central heating system. There is an integral garage plus driveway and front lawn.

urbanmoves.com/properties/224964

THE LURE OF WATERSIDE LIVING AT LEASIDE LOCK

A recent report from Knight Frank reveals a huge surge in demand for waterfront properties since the pandemic, with buyers aspiring to secure a home near a canal, lake or river. Often commanding a significant price premium, these desirable waterside homes are increasingly unattainable for London’s first time buyers

Giving first time buyers the opportunity to purchase a chic Zone 2 apartment near highly desirable blue space,

Guinness Homes is currently marketing its flagship development, Leaside Lock, on the banks of the River Lea. Located in Bromley-by-Bow in east London, Leaside Lock will ultimately deliver 965 stylish studios, one, two and three bedroom homes – with a mix of shared ownership and outright sale homes available.

An unrivalled waterside location, Leaside Lock is set on the banks of the River Lea, meaning residents are within easy reach of east London’s bustling canal network. Stratford and the Olympic Park can be reached by walking east along the towpath, where you’ll find stretches of outdoor space alongside the world-famous London Aquatics Centre and Westfield Stratford. Alternatively, hop on your bike to travel along the Cycle Superhighway or use the towpath where you can make it all the way along the water’s edge to Canary Wharf.

Hellyn Fairbrother, London and South East Regional Sales Manager at Guinness Homes, comments, “We’re thrilled to be able to offer shared ownership on all our homes at Leaside Lock, providing the next generation of homeowners the chance to enjoy canalside living at an affordable price. With a host of amenities, restaurants and green space nearby, while offering a quick commute into the city, Leaside Lock encompasses the very best of east London in one neighbourhood.”

Leaside Lock has been designed with modern convenience in mind, so everything that residents need is right on their doorsteps. Creating a lively new community-focused neighbourhood, there will be a broad range of unbeatable amenities on-site, including plans for a health and fitness studio, a cafe, a gym, a convenience store and co-working space.

Apartments are finished to a high specification throughout. Perfect for whipping up a delicious feast, contemporary kitchens come complete

Recent buyer, David

with integrated Bosch appliances. Bathrooms and en suites are finished with sleek sanitaryware and underfloor electric heating is fitted in all apartments. Recognising the importance of outdoor space in London, private balconies offer spectacular London views, and this space allows residents to create their own outdoor oasis as an extension of their living space.

David, a recent buyer at Leaside Lock, was impressed by his experience of purchasing through shared ownership and comments, “I did a lot of research around shared ownership, and found that I was able to afford somewhere that otherwise would never have been in my price range, with amazing views of the city skyline and the tube right on my doorstep.

“Without the scheme I’d be looking really far outside of London, but with shared ownership I could afford somewhere in Zone 2.” David continues, “There’s so much already on my doorstep at Leaside Lock. The roof terrace with views overlooking the Olympic Park is amazing in the warmer weather, and I’m really looking forward to the co-working space and coffee shop coming soon. Being so close to the canal, and having that nature on your doorstep, as well as the hustle and bustle of the city, is a rare balance in London.”

Shared ownership prices start from £87,500 for a 25% share of a one bedroom apartment (full market value: £350,000) and £113,125 for a 25% share of a two bedroom apartment (full market value: £452,500).*

leasidelock.com

GET ON THE LADDER WITH SO RESI

With the average solo first time buyer deposit sitting at an eye-watering £74,000¹, the average asking price of a property coming to market rising to £367,760² and uncertainty around mortgages, homeownership is increasingly perceived as out of reach. Now, more than ever, affordable alternatives to traditional homeownership must be brought to the forefront of homebuying discussions

Having launched four decades ago,

shared ownership has stood the test of time, proving to be an invaluable pillar within the property market during periods of economic challenge. It has provided buyers, especially those entering the market for the first time, the power to take control of their homeownership journey. While extortionate deposits are currently unattainable for many, the average deposit paid in London by a SO Resi buyer is nearly a third of that paid by those buying outright, reducing the initial block faced by those looking to settle down immediately.

This drive for smaller deposits has been reflected in market uptake at our sites, as we have seen strong demand for shared ownership following the launch of our two highly anticipated developments in Bracknell and Welwyn Garden City.

Instead of renting with no possibility of owning the property at the end of tenancy, shared ownership provides an opportunity for people to invest their monthly payments into their property. Likewise, once in their home, residents can invest payments with the goal of eventually owning 100% of the property through a process known as staircasing. From professionals wanting apartments in central locations such as Ealing to families looking for larger homes outside the capital, including Stanfordle-Hope, our new homes demonstrate that there is no limitation to what can be purchased through shared ownership.

SO Resi Welwyn Garden City, our latest development on the site of the former Shredded Wheat factory, saw almost 1,000 enquiries in the first three weeks of its launch. Situated in landscaped gardens in the “utopia of Hertfordshire”, this development delivers what buyers want most – bridging city and country thanks to a 126-acre park, yet remaining a 29-minute train journey from London King’s Cross.

All apartments benefit from private balconies and terraces overlooking the picturesque surrounds, and are available through shared ownership, with prices starting from £68,750 for a 25% share [full market value: £275,000]. Residents then have the opportunity to purchase more shares through a process known as “staircasing”, which enables them to eventually own 100% of the property.

Likewise, all apartments in phase one at SO Resi Bracknell were reserved on the launch weekend. According to research carried out by 331 local authorities into areas that performed well in previous recessions, Bracknell in Berkshire has been highlighted as an “ultra-resilient property hotspot”.³ SO Resi Bracknell provides a collection of one and two bedroom apartments in an area which is seeing investment of almost a billion pounds into its local community, supporting leisure and education ventures for residents including The Lexicon shopping and leisure centre and a £30m upgrade of Princess Square. Prices start from £71,250 for a 30% share in a one bedroom apartment [full market value: £237,500] with a 5% deposit starting at £3,563.

Both locations are key commuter hotspots, allowing buyers to get on to the property ladder at an accessible cost and maintain a comfortable hybrid work-life balance. With this combination, we expect to continue to see interest from young professionals, especially those who are first time buyers, wanting to get the best of both worlds without breaking the bank.

It is important that we continue to create awareness of the product to ensure those who would like to get on the property ladder feel educated to make that move towards homeownership, quicker than they first thought.

SO Resi Bracknell

SO Resi Welwyn Garden City

To find out more about shared ownership or the new homes with SO Resi, visit sharedownership.co.uk

1 metro.co.uk/2022/06/11/the-average-solo-first-timebuyer-now-needs-a-74000-deposit-16809472/ 2 uk.finance.yahoo.com/news/average-price-tag home-jumped-230100592.html 3 standard.co.uk/homesandproperty/where-to-live/londonrecession-proof-areas-buy-a-house-b1013607.html

TOWN AND COUNTRY LIVING AT ITS BEST! TOP CHOICE ★★★ EDITOR’S

Just imagine living about 20 minutes from central London but surrounded by beautiful parks, abundant green spaces and overlooking a picturesque pond – yes it sounds like the ideal lifestyle. Lynda Clark discovers Beck Gardens, part of the larger Langley Court development from Optivo, and is truly impressed

During the pandemic and endless lockdowns, everyone wanted open air

and green space. Now, even though we are through those dark days, many first time buyers are looking for an affordable home that offers the best of both worlds and is still within easy commuting distance to central London.

Beck Gardens ticks all the boxes and when I recently visited the development I was quite overwhelmed by the setting but also with the quality of the apartments. The rooms are spacious with large windows letting in lots of natural light. The contemporary kitchens come with Electrolux and Zanussi appliances and there are built-in wardrobes in the main bedroom. One thing I always look for is ample storage and I wasn’t disappointed as there are cupboards galore! Each home also comes with an allocated parking space included in the price and a balcony or terrace – ideal to enjoy a morning coffee or a sundowner at the end of a busy day. For those who prefer to travel around on two wheels there is secure cycle storage too.

The second phase has just been released and Trevi House will offer one, two and three bedroom apartments overlooking a pretty pond. These shared ownership homes are not only affordable, they offer a unique lifestyle with the perfect balance of urban and rural.

LOCATION, LOCATION

There are plenty of green spaces to explore nearby including Harvington Park, Beckenham Place Park which is one of the few remaining areas in greater London with ancient woodland, nearby Croydon Road Recreation Ground and the very scenic Kelsey Park, which is a birdwatcher’s dream! Beckenham high street offers a range of boutique shops, independent stores plus several supermarkets and you will be amazed at the selection of bars, restaurants and cafes to suit every taste and budget. If you are looking for a bigger selection of shops, then Bromley is nearby. Sports lovers will be spoilt for choice with golf, tennis and a David Lloyd health club and gym all on the doorstep.

GREAT TRAVEL CONNECTIONS

There are two stations within easy reach of Beck Gardens so the commute to central London is an easy one. From Eden Park, you can reach London Bridge in just 25 minutes and London Charing Cross in 35 minutes. Alternatively, from Beckenham Junction station you can get to London Victoria in 23 minutes, Bromley South in six minutes and London Bridge in 26 minutes. Also from Beckenham Junction station you can pick up the tram, where in 23 minutes you will be in East Croydon and you can reach Wimbledon in 49 minutes.

I live very near this stunning development and so I have watched with great interest how it has progressed. I love the way it has embraced the natural surroundings and creates a very peaceful haven where I am sure the residents will enjoy the perfect lifestyle in a home of their dreams.

The apartments have not sacrificed on quality or style and if you are jumping on the first rung of the property ladder I would really recommend you consider Beck Gardens – it’s something else!

Prices at Beck Garden start from £85,625 for a 25% share of a one bedroom apartment with a full market value of £342,500.

DON’T MISS THE BEAT AT NEW HAYES HOMES

The west London town of Hayes, where every Beatles album from Please Please Me right through to Let It Be was mastered and manufactured, is proud of its rich musical history. With the town centre undergoing a major transformation, driven by the Elizabeth Line and by the extensive Old Vinyl Factory redevelopment, this is an exciting time for buyers looking to get the best out of Hayes, now and in the future. Aspiring homebuyers looking for the chance to be part of the area’s bright future should look to Network Homes’ new collection of 43 shared ownership apartments launching at The Beat, this autumn

Blending style, comfort and space, the one and two bedroom apartments at The Beat have been masterfully crafted.

Open-plan living maximises light and versatility, while creating a harmonious flow throughout.

Every home benefits from a sleek fully fitted bathroom, high-quality integrated kitchen appliances and a private balcony. Complete with neutral decor, residents can easily showcase their own unique style. Available through shared ownership, buyers can purchase a share of at least 25%, paying a subsidised rent on the remaining share, along with a service charge. You may have the option to “staircase” and buy additional shares of the property in the future if you can afford to.

Less than a 20-minute walk from The Beat, The Old Vinyl Factory is bringing 18 acres of office buildings, homes, innovation hubs, education hubs, shops and restaurants to the centre of Hayes, as well as a gym, cinema and live music venue. Already on the radar of those keen to benefit from the major regeneration work taking place, Hayes blends urban convenience with pretty parkland and easy access to London.

Kalumba Musambachime, Head of Sales and Build to Rent at Network Homes, comments, “We’re at an exciting point in Hayes’ regeneration. The arrival of the Elizabeth Line saw improvement work at Hayes & Harlington station, which included a spacious new ticket hall, a redeveloped entrance and facade, a new footbridge, new waiting rooms, extended platform canopies and lifts to every platform. There are also major improvement works underway elsewhere in the town – there’s a real buzz about the future and what it means for local residents.”

Perfect for those hoping to embrace the rhythms of their new lifestyle, local life in Hayes comes with plenty of attractions. Swimming enthusiasts can enjoy the heated 50m outdoor pool at Hillingdon’s 1930s art deco lido, while the brand new Nest indoor climbing centre is perfect for when the weather doesn’t support outdoor activity. Meanwhile, for those who prefer a spot of culture to a workout, Beck Theatre hosts an extensive range of entertainment, with everything from musical theatre and dance spectaculars to comedy shows and film screenings.

For those looking to adopt a slower tempo, it is an easy walk from The Beat to the lush greenery of the 36-hectare Minet Country Park. Hosting the tranquil River Crane and Yeading Brook, the park is also home to a children’s playground, cycle circuit, picnic areas and plenty of opportunities for immersion in nature. Providing further options to explore, Lake Farm Country Park is also nearby, while Barra Hall Park and Stockley Park Golf Club are only a little further afield.

Buyers are just an eight-minute walk from Hayes & Harlington station, from where London Paddington can be reached in as little as 21 minutes, ideal for those looking to beat the stress of a lengthy commute. The M4 is also just a mile away, while the M25 is four miles away and Heathrow airport only five miles, making not only London but Europe and beyond easily accessible.

Priority at The Beat will be given to those currently living or working within the London Borough of Hillingdon. Prices start from £76,250 for a 25% share of a one bedroom home with a full market value of £305,000. Service charge is £128.88 and rent £524.22 each month.

For more information, please visit networkhomessales.co.uk/find-your-new-home/ the-beat-hayes/ or contact Network Homes on sales@networkhomes.org.uk or 020 3376 6455

TACKLE THE COST OF LIVING IN AN ENERGY CONSCIOUS NEW BUILD

It’s such an exciting feeling, the prospect of buying your first home. You’ve saved enough money for a deposit and you’re unsure whether to buy a new or an older property. The great news is, when buying a new build property with Weston Homes, first time buyers could combat the rising cost of living with lower household bills through sustainable living

WESTON HOMES – LEADING THE WAY IN FABRIC FIRST

Housing accounts for 40% of the UK’s energy usage so it is important that this energy is used efficiently. Weston Homes is passionately committed to sustainability and builds Fabric First properties to keep energy bills low and comfort high. So, what is Fabric First? It is the very body of a home – the walls, roof, floors, windows and doors - which must be highly insulated and fit together tightly to cut heat loss which in turn cuts energy use and carbon emissions. You may have heard the term on the TV series Grand Designs, or seen it in architectural articles on the web or in specialist magazines. In the past, self-build projects and one-off architect-designed homes have led the way with this technology, until now.

CUTTING YOUR HOUSEHOLD BILLS

By fine-tuning this Fabric First approach to construction, new builds by Weston Homes achieve a minimum B rating on their Energy Performance Certificates (EPCs) compared to 2.2% of existing properties, according to Government Energy Performance Certificate research and data. First introduced in 2013, EPCs are graded from A – the highest – down to G, and are required by law when property that uses energy is built, sold or rented. The Home Builders Federation* recently reported that with a new build property, you could save an average of just over £2,000 each year, with the average annual running costs for a new build home totalling £1,500 compared to an average of £3,750 for an older property. With better insulation and airtightness, buyers of a new Weston Homes property are making the most of the energy savings offered by buying new and are doing their bit to help the planet. inclusive specification which includes A-rated, energy efficient integrated appliances in the kitchens and quartz stone worktops. State-of-the-art bathrooms have Smart technology and integrated storage, and open-plan living areas are bright and spacious. Luxurious flooring is fitted throughout and you can choose from a wide range of choices at no extra cost and design your new home to your personal style.

GREEN MORTGAGE – A BLOSSOMING TREND

THE BIGGER, GREENER PICTURE

According to the Energy Saving Trust, around one-fifth of the UK’s total carbon emissions come from our homes – mainly from our heating, lighting and household appliances. Weston Homes’ properties all have high performance thermally insulated windows and patio doors, helping to reduce heat loss and preserve natural warmth from solar gain. The thermal windows and doors are double glazed, so unlike in older properties, they don’t need heavy curtains to add insulation and block out draughts. Large amounts of natural daylight decrease the need for artificial lighting which helps to save on electricity bills.

All new Weston Homes properties benefit from their market leading fullyMany lenders offer green mortgages to encourage buyers to purchase energy efficient, environmentally friendly homes because they typically cost less to run than an older property. If you buy a new property from Weston Homes, you could benefit from lower mortgage interest rates or other incentives from the lender.

Weston Homes is an award-winning developer building new and converted one to four bedroom luxurious homes across London and the south east from £199,000.

For more information contact Weston Homes on 01279 873 300, or visit weston-homes.com for development specific information. Marketing Suites and Show Homes are open daily from 10am to 5pm

NEW HOMES AT WILTON PARK AVAILABLE WITH SHARED OWNERSHIP

Rosewood Housing is proud to have launched a new affordable collection of beautiful homes at its Wilton Park development in Buckinghamshire. Nestled in the charming town of Old Beaconsfield, these attractive new homes are now available off-plan through shared ownership. The initial release of a single two bedroom coach house and five two bedroom family homes forms part of the 21 brand new homes being sold through the shared ownership scheme ownership scheme

Life at Wilton Park promises contemporary living in an attractive

parkland setting, with two hectares of parkland and wildflower meadows to enjoy. The development is surrounded by an abundance of woodland and countryside, including the rolling Chiltern Hills where residents can enjoy their weekends walking, cycling, and exploring.

The Government-backed shared ownership scheme allows prospective buyers who match specified criteria to purchase a percentage share of a property, from 25% to 75%. Buyers then pay a mortgage, the sum of which depends on the size of the share purchased, while rent will then be payable on the remaining share of the property owned by Rosewood. A year after the initial share purchase date, buyers can “staircase”, meaning they can purchase a larger share of their home, or buy the remaining share so that they own their home outright.

When larger shares are purchased, the amount retained by Rosewood is reduced, and rent is therefore lessened accordingly. This scheme means that buyers can achieve homeownership gradually, and do not have the large financial outgoings faced when purchasing a property upfront.

Vicki Noon, Sales & Marketing Director at Rosewood Housing, comments, “We are delighted to have launched our new collection of affordable homes at Wilton Park. Shared ownership offers an excellent opportunity for prospective buyers to get on the property ladder and we would advise all interested parties to register as soon as possible to avoid disappointment.”

Properties in this new phase of 21 affordable homes at Wilton Park all come with a high specification and beautiful finishes throughout, for which Rosewood is renowned. The contemporary, open-plan apartment kitchens feature stylish slimline quartz worktops, handleless kitchen units and a range of integrated appliances. All bathrooms benefit from sleek white sanitaryware with chrome accessories, as well as Porcelanosa wall tiling, fully recessed mirrors, and vanity units. Every property in this new collection also benefits from fully fitted wardrobes to the main bedroom, ensuring the best of comfort and modern convenience for residents. Two allocated parking spaces also complement each of these beautiful homes.

Wilton Park provides residents with a whole host of leisure facilities and amenities including an on-site community cafe and nursery. Despite the tranquillity of its rural setting, residents remain well connected to amenities including easy access to all the high street stores, restaurants, and independent boutiques that Beaconsfield has to offer.

Beaconsfield is a commuter belt town that is situated just outside of the M25, around 25 miles west of central London. The town’s railway station is in Zone 6 and provides regular direct services to London Marylebone in just over 30 minutes. Road links are also excellent, with junctions of the M25, M40 and M1 nearby leading to the wider motorway network. Heathrow airport, a gateway to domestic and international travel, is only 20 minutes away by car.

Contact the sales team today to register your interest in one of these brand new homes at Wilton Park: 01494 762 450, wiltonpark@rosewoodhousing.co.uk or visit rosewoodhousing.co.uk

A PLACE TO CALL HOME

Tottenham Hale is rapidly developing into one of London’s new property hotspots, particularly for buyers looking for new homes within easy reach of central London

This substantial regeneration project is led by the London Borough of Haringey and the Greater London Authority with

over a thousand new homes, commercial opportunities, new retail and public open spaces. With prices in the area now more affordable than 80%1 of London’s Zone 3, there is no better time to consider Tottenham Hale as a place to call home.

Being built on the site of a former garage, this exciting transformation into a 22-storey residential tower will be one of the first developments to be delivered as part of the Tottenham Hale dynamic masterplan. At the same time, Newlon Living is currently offering a second development adjacent to its headquarters, named Hale Works, in partnership with Anthology.

Millstream Tower is a new collection of attractively designed one, two and three bedroom apartments comprising 117 shared ownership and 11 private sale homes, with a priority to buyers who live or work in Haringey. The new homes are light, with spacious open-plan living areas. The kitchens are modern and well equipped with high-spec appliances included, while the bathrooms are fully tiled and have stylish chrome brassware.

Standing in this new tower’s shadow is Station Square – a unique island site which will be a renewed focal point of the new Tottenham Hale District Centre and the central point in a new complex linking these residential developments. The square will create a social hub for the local community, including plans for a new cinema, restaurants, coffee shops, retail and office space.

Tottenham Hale station provides access to the Victoria Line taking you to King’s Cross in just 10 minutes* or Oxford Street in 15 minutes* and is part of the night tube network. Furthermore, the station is served by National Rail. The station is transforming into a significant piece of this central zone’s regeneration, providing direct travel to London Stansted airport via the Stansted Express. Or head to trendy east London via Greater Anglia trains where you can reach Westfield Stratford in just 12 minutes*.

This developing neighbourhood is a wellconnected part of London with a significant outlay currently being invested in this interchange. Crossrail 2 is planned, further enhancing this location’s growing reputation as a desirable place to live. There is also a bus station opposite with a variety of routes to surrounding areas and beyond.

Tottenham Hale is already home to many parks and wetlands for those who like to explore the great outdoors. The nearby Walthamstow Wetlands is within walking distance, offering everything from fishing to bird watching, with a well-established cafe in a 19th century listed building. You will find a strong presence of local independent businesses set in the vibrant locale. An array of markets, coffee shops, trendy bars, breweries and a thriving nightlife scene has cemented its reputation as one of the pioneering influences behind the contemporary pop-up scene.

Prices for a one bedroom apartment start from £88,750 for a 25% share, with a full market value of £355,000 For further information about the range of homes contact the Newlon Living Sales Team on 0800 058 2544 or visit the Newlon Living website – newlonliving.co.uk

1As reported by City AM. *Travel times research from tfl.gov.uk.

FIND YOUR PERFECT PLACE WITH PEABODY IN 2023

The year 2022 is almost over and it’s safe to say it has been one to remember. But with plenty to look back on and 2023 right around the corner, we wanted to share our top picks of exciting new Peabody homes to look out for in the new year…

Three Waters, Bow Creek Typical Peabody interior

1DISCOVER DEPTFORD AT FRANKHAM WALK, SE8

Preparing to hit the market in 2023 is Frankham Walk – a collection of one, two and three bedroom apartments available through private sale and shared ownership. Fancy brunch with friends, an afternoon coffee with family, or looking for a cosy spot for an impromptu date night? Frankham Walk is a short stroll from the bustling Deptford Market Yard. Homes at Frankham Walk could not be better placed to enjoy all the restaurants, bars and trendy cafes that the local area has to offer. With Deptford Bridge DLR station and Deptford station both close by, London commuters can be whisked to London Bridge, Canary Wharf and the City in a matter of minutes.

2PRIME TIME LIVING AT MACFARLANE PLACE, W12

Showcasing the best of west London living, White City is an unmissable destination for 2023, positioning you at the heart of this popular location with a choice of commuting connections, a rich array of retailers and eateries in Westfield shopping centre and easy access to the tranquillity of Hammersmith Park, perfect for getting those 10,000 steps in! Providing buyers with the opportunity to purchase a shared ownership home in an area rich in culture, Peabody is excitedly anticipating the launch of Macfarlane Place in the autumn. Forming part of the renowned Television Centre redevelopment, Macfarlane Place will offer a stylish collection of charming one and two bedroom apartments that effortlessly offers contemporary interiors within this community. Apartments feature sleek kitchens, private outdoor space as well as the added benefit of a residents’ landscaped podium garden; Macfarlane Place ticks all the boxes.

3AWARD-WINNING HOMES AT THREE WATERS, E3

For those who don’t want to wait for the new year to begin their homeownership journey, Three Waters development at Bow Creek sits within the city’s fastest growing area. Offering a vibrant waterside setting and plenty of things to do locally, homes here enjoy a 24-hour concierge and state-of-the-art screening room. Crafted with wellbeing in mind, raised gardens, a roof terrace and private balconies enjoy direct views across the water and the City. With Three Waters winning both the Best Shared Ownership Home and Best Shared Ownership Development awards at the 2022 Evening Standard Awards in September, buyers can rest assured that these homes are among the best on the market.

Find your place with Peabody and visit: peabodysales.co.uk

Moments from Macfarlane Place

VILLAGE LIVING IN THE HEART OF THE CITY AT GREENWICH MILLENNIUM VILLAGE

Offering buyers the rare opportunity to experience city and village living, Greenwich Millennium Village is fast becoming one of the capital’s most popular addresses, allowing first time buyers to step on to the property ladder in a sought-after location. Ideally located within a mile of North Greenwich station, from where you can be in Canary Wharf in just one stop, Greenwich Millennium Village combines green space, swift transport connections and a plethora of local amenities

VILLAGE LIVING IN THE HEART OF LONDON

With buyers looking to settle down in a location offering the best of both worlds, Greenwich Millennium Village’s tranquil setting offers a village-like lifestyle in the heart of London. Perched on the edge of the city’s thriving commercial and business scene, residents can easily enjoy everything the capital has to offer.

Catering for its growing community, Greenwich Millennium Village is home to a fantastic array of everyday amenities, while for those looking to connect with nature, the on-site four-acre Ecology Park hosts a diverse range of wildlife, with the addition of Southern Park offering an abundance of green space to enjoy. Here, the multitude of lakes, ponds, marshland, meadows and woodland provide a peaceful oasis for residents to escape the hustle and bustle of the city.

Adding to its appeal, Greenwich Millennium Village is located just a short walk from North Greenwich tube station, making it one of the best-connected developments in London. Perfect for commuters, culture enthusiasts and those craving vibrant nightlife and London living, its excellent transport connections mean Canary Wharf, Stratford and London Bridge are all easily accessible by tube within 10 minutes thanks to the Jubilee Line.

THE LATEST OPPORTUNITY TO LIVE AT THIS ICONIC ADDRESS

Boasting a prime position within the development, The Galleria is the latest phase to launch at this landmark address. Once complete, it will comprise a selection of 104 one, two and three bedroom homes and a proposed cafe and nursery within the building.

Many homes within The Galleria will enjoy picturesque views over Southern Park and the city while others within this phase will also overlook a central podium garden. Exclusive to residents of The Galleria, this skilfully landscaped podium garden will be planted with a variety of wildlife-friendly flora and will act as a peaceful retreat for residents to escape the demands of everyday life.

CAREFULLY DESIGNED FOR MODERN LIVING

Thoughtfully designed to capitalise on the development’s prime position, each new home at Greenwich Millennium Village boasts bright and airy interiors, effortlessly combining style and comfort with convenience to enjoy the ease of modernday living.

With a superior specification included with each home, buyers can expect a luxurious lifestyle here. Features include open-plan layouts – ideal for flexible working or entertaining friends – quality stone worktops and fully integrated Bosch appliances, built-in wardrobes, light-filled floor-to-ceiling windows affording fantastic views over London, in addition to fully carpeted bedrooms and underfloor heating.

Looking slightly further afield? Then, Countryside’s newly launched development Edge, a collection of fantastic, high specification one to three bedroom apartments in Hainault, is an ideal place to call home. Positioned less than a mile to the Central Line at both Hainault and Grange Hill stations, with connections to central London in under 30 minutes, Edge is also close to two country parks. Prices from £284,995 and first time buyers move fee free.

For further information please visit edge-hainault.com or call 020 3993 0538

Prices at The Galleria start from £449,995. For further information, please visit greenwichmillenniumvillage.co.uk or call 020 3993 0167

LUXURY LIVING FOR EVERY BUDGET AT THE FOUNDRY

It can be difficult to find a home in a location that offers the perfect balance between city and village living, especially one that’s affordable for first time buyers. Gecko Homes has created somewhere with the perfect balance, for both you and your bank – The Foundry

Located in the heart of

Monton, one of the fastest growing property hotspots in the North West, this exclusive new development comprises a collection of new one and two bedroom apartments, unrivalled in their location and design. The Foundry is located on Lansdowne Road, within walking distance of Monton village and just a stone’s throw away from a wealth of exceptional amenities.

With its central location and excellent transport links, The Foundry is the perfect place for a range of buyers. This exciting new four-storey development consists of five different apartment types, due to be ready to move into in 2023. All of the 36 apartments at The Foundry boast an openplan layout that maximises space and natural light.

The Foundry is designed with modern living in mind and each apartment is home to a fully fitted Paula Rosa Manhattan kitchen, LED lighting and a suite of integrated Beko appliances. Bathrooms at The Foundry benefit from Porcelanosa ceramic tiling, an over-bath shower, heated towel rail and LED lighting complete with an illuminated mirror. The Foundry also offers secure cycle storage, parking, and a beautifully landscaped exterior.

The Winsor is a one bedroom, one bathroom apartment that benefits from the same modern finishes and high specification as its two bedroom counterparts. The Hale, The Faraday, The Swann and The Sprengel are all two bedroom apartments with both a bathroom and an en suite. Each of the different designs has a slightly different floorplan, offering a variety of layouts so that your home is as unique as you are!

Shared ownership provides a perfect opportunity for first time buyers to buy their own share in one of The Foundry’s amazing apartments, with shares of 40% to 75% available to purchase. So, you can buy a share in one of these stunning new homes with a mortgage, and pay a subsidised rent on the remainder, with the option to buy more shares in your home in the future if you wish to.

Gecko Homes, part of Southway Housing Trust, is based in Manchester and prides itself on making the buying process as simple and straightforward as possible.

Gecko aims to provide a home for every need with its new, high quality and beautifully designed homes. There are options to rent and buy, including shared ownership, ensuring that luxury living is affordable for every buyer and budget!

To register your interest in The Foundry, or find out more about Gecko Homes and other new properties it has available across Manchester, please email sales@geckohomes.co.uk, call 0330 995 1333, or visit geckohomes.co.uk

A DREAM FIRST HOME IN ATTLEBOROUGH, NORFOLK

At Places for People, we’ve thought of everything you could possibly need… With over 50 years’ experience creating high-quality homes in thriving communities with attractive green space and good local amenities, Places for People is committed to investing in places that work for everyone, including you!

Because everyone’s circumstances are

different, we offer different ways to buy too. They include the Government-backed shared ownership scheme, designed to help you get on the property ladder more quickly than buying your home outright.

If you’re ready to purchase your dream first home, with Places for People you’re in the right place.

HIGH QUALITY, GENEROUS PROPORTIONS

At our new Carvers Meadow development in the market town of Attleborough, Norfolk, you can choose from distinctive one, two, three and four bedroom homes – all thoughtfully designed and with enough space to adapt to your unique lifestyle.

Each home has been built to an exceptional standard and benefits from generous proportions, giving you all the room you need to relax, work or entertain. Private gardens – along with parking areas – come with all of these homes, while attractive landscaping further adds to the appeal of this desirable community.

EVERYTHING YOU NEED CLOSE BY

At Carvers Meadow, you have the best of both worlds – a great choice of shops, cafes, pubs and restaurants in nearby Attleborough along with easy access to Norfolk’s beautiful rural landscape.

Attleborough itself is a thriving town that offers something for everyone – from its weekly market to a rich variety of sporting activities. Locally, there is a good selection of state and independent schools.

The stunning Norfolk countryside has to be seen to be believed, which you can easily do via the many nearby walking and

UNIQUE ONE BEDROOM HOMES

Apartment living tends to be the default option for first time buyers who are looking for a one bedroom home. But what if you could opt to buy a house instead?

At Carvers Meadow, our unique one bedroom homes have been designed to appeal to buyers who only require a main bedroom yet still want to enjoy a sizeable downstairs living area that opens on to its own outdoor space.

These unusual yet attractive properties – which offer the same high specification as our multiple-bedroom homes – not only benefit from a private garden and allocated parking but also generous storage and a downstairs cloakroom – perfect for when visitors are around.

cycle routes, while the county’s coastline is a trove of unspoiled beaches and traditional seaside fun.

You’ll be pleased to know that medieval Norwich, with its lively arts, music and cultural scene, is less than half an hour away by car or train.

WELL CONNECTED

Three local bus services make getting around Attleborough easy, while the town’s excellent rail connections and the dualling of the A11 make it ideally placed for commuting to both London and Cambridge (two hours and one hour away respectively, either by car or rail).

GET ON TO THE PROPERTY LADDER WITH SHARED OWNERSHIP*

One way to buy your new Carvers Meadow home is through the Government-backed shared ownership scheme. With the scheme, you can purchase an initial share of your home between 25% and 75% of the property’s value and pay rent on the rest.

Since you don’t need to save as much for your deposit, you could be getting a foot on the property ladder sooner than you think – and it means your mortgage will be smaller too.

START YOUR HOMEBUYING JOURNEY TODAY

Why wait to enjoy your dream first home? Start your homebuying journey today and book a viewing at Carvers Meadow.

Visit placesforpeople.co.uk/carversmeadow

There’s nothing quite like that new home feeling – a space to call your own, giving you the freedom to make changes and decorate as you please, while also providing an extra sense of security that private renting can’t always provide

GET THAT NEW HOME FEELING WITH LEGAL & GENERAL AFFORDABLE HOMES

Given the shortage of

affordable housing, rising property prices and high deposits that are required to buy outright, we know that many people can’t afford to purchase a home on the open market. And with Help to Buy coming to a close, first time buyers may be left feeling confused about their options to get on the property ladder.

Shared ownership with Legal & General Affordable Homes can make your dream of getting on the property ladder a reality. It’s an alternative route on to the property ladder where you buy an initial share of between 25% and 75% of the home’s full value and pay a subsidised rent on the remainder. You can purchase further shares until you own 100% of the property, should you choose to.

Since you only need a mortgage for the share of the property that you buy, your mortgage is usually a lot less than a traditional mortgage. You could pay less rent compared with private renting, which will decrease over time should you decide to increase your share. This makes getting on the housing ladder much more accessible to those with lower incomes or who are struggling to save up a hefty deposit.

Since all of Legal & General Affordable Homes’ shared ownership properties are new builds, fixtures and fittings will be pristine and your new home will not require as much work or maintenance as an older home. Plus, all homes come with a home warranty to ensure that you’re happy in your new home for the long run.

Purchasing a property that’s move-in ready, with no chain and no costly repairs, makes that new home feeling even more special. It enables you to walk through the door to freshly painted walls, bouncy new carpets and a contemporary interior with modern features to complement your way of living. A blank canvas with endless opportunities to put your own stamp on.

Not only that – new build homes are also typically much more energy efficient compared to older properties and buying through shared ownership may help you tackle some of the recent spikes in energy costs. Legal & General Affordable Homes is supporting a transition to gas-free net zero-carbon homes that help buffer residents from energy price volatility and help protect the environment.

White City Trent Park, Enfield

That new home feeling doesn’t stop at your front door. Legal & General Affordable Homes is committed to creating green, sustainable new communities that promote wellbeing and provide for the changing needs of residents in the future.

We realise that one size doesn’t fit all, which is why Legal & General Affordable Homes offers a huge range of properties available through shared ownership to cater for all lifestyles and needs. These range from luxury studio apartments with fantastic London views at South Quay Plaza in Canary Wharf to family-sized houses in Furlong Park, south Yorkshire – and everything in between.

To find out more about shared ownership and how you can get that new home feeling with Legal & General Affordable Homes, visit landgah.com

2023 INTERIOR TRENDS WITH CATALYST

The start of a new year often marks the start of new styles, patterns and colour palettes, with fresh trends emerging as 2023 commences. Research by Livingetc, the global online resource for the style-minded, has revealed some of the top predicted trends for the new year, declaring that positivity, wellbeing, luxe living and joy are at the forefront of the majority of interior designer’s minds

With a portfolio of stylish

new homes, ranging from one bedroom apartments in north London through to three bedroom houses in Buckinghamshire, Catalyst, part of the Peabody Group, understands that different buyers have different interior preferences, and highlights this through its varying, professionally designed show homes. With that in mind, the team has compiled four of its favourite ways to present some of 2023’s top interior trends.

PLANTS AND GREENERY AT THE SWITCH

and dining area, both of which immediately promote a sense of comfort and wellbeing throughout the interior.

Now over 80% sold, The Switch in Wimbledon has a selection of two and three bedroom apartments remaining through shared ownership.

Prices from £141,250 for a 25% share (FMV: £565,000).

GOLDEN TONES AT KITE MEADOWS

Kite Meadows

The Switch

Livening up a space and creating a fresh atmosphere within a home can be achieved almost instantly through the use of foliage and plants.

With multiple shades of green seen as a timeless trend, the addition of some leafy succulents is a sure way to create a stylish interior set-up. Catalyst’s show home at The Switch features a variety of foliage, including a tall standing plant in the corner of the main bedroom to bring the outdoors in, as well as an abundance of leafy additions in the living Associated with luxury living, incorporating golden tones into any space can instantly bring a sense of indulgence to a room. These can be dressed up or down to fit the purpose of each room, like the show home at Kite Meadows that features multiple golden shades to produce a soothing opulence in the living room. The wallpaper, paired with the chair and lampshade, sets the tone for a relaxing, high-quality space where homeowners can unwind.

Catalyst is marketing a collection of two and three bedroom homes at Kite Meadows in Princes Risborough.

Prices from £98,750 for a 25% share (FMV: £395,000).

The Folium

HIDEAWAY HOME OFFICE AT THE FOLIUM

The requirement for a home office is showing no signs of slowing down, and with many homeowners still remote working, creating a separate office area is an essential when it comes to 2023 trends.

For those who don’t have a dedicated office room, Catalyst’s show home at The Folium presents the perfect way to introduce a partition to a room and divide one space into two. Set away from the dining table, this remote working zone features a simple desk, shelves and chair set-up – and provides all the work from home necessities that a buyer might be looking for.

There are a few last remaining one bedroom homes at The Folium, Catalyst’s award-winning north London development in Muswell Hill.

Prices from £104,375 for a 25% share (FMV: £417,500).

ARCHES AND CURVES AT NEWMAN PLACE

A simple yet effective addition of arches can instantly create a sense of relaxation, with gentle curves to soften hard edges being incorporated into many bedroom set-ups. A sanctuary from the rest of the house, the main bedroom at Newman Place features a headboard of arched shapes, showing homeowners a tranquil way to style a bedroom and ensure a serene atmosphere. Experts are predicting that arches will be prominent in a host of interior design styles.

Set in Littlemore, Oxfordshire, Newman Place is a collection of one to four bedroom homes available through shared ownership.

Prices from £85,000 for a 25% share (FMV: £340,000).

Newman Place

GET THE BEST OF BOTH WORLDS AT STONECROSS VALE

If you love the buzz of being close to a city centre but want a more relaxed way of life, then a property located on an urbanrural fringe could be the perfect place to call home

There is a whole range of shared ownership properties

built away from more built-up urban areas and none is more idyllic than Snugg Homes’ latest scheme, Stonecross Vale, which has just launched.

Set within the sought-after town of Winsford, only 17 miles from Chester and with both Manchester and Liverpool 30 miles away, this development will give you access to city life and the natural beauty of the Cheshire countryside.

STUNNING HOMES

Stonecross Vale has a range of 38 two, three and four bedroom beautiful, energy-efficient homes. With an open-plan kitchen/diner, perfect for entertaining, a separate lounge to get cosy in, spacious bedrooms and contemporary bathroom suite, each home also comes with a private garden and off-road parking.

LOCATION, LOCATION, LOCATION

Winsford offers easy access across the North West either by train, road or local bus routes, making commuting and travelling further afield a breeze.

Cycle tracks, hiking routes and an abundance of green spaces also make this a perfect spot for winter walks with the Whitegate Way, The River Weaver and the spectacular Delamere Forest – Cheshire’s largest area of woodland – on your doorstep.

Wharton Road itself has an established residential community and a host of local amenities, with Winsford town centre less than a mile away. There are several supermarkets, plus a selection of restaurants, bars, takeaways and local stores, all of which are within walking distance.

There are also a number of primary schools and a local high school all rated either Good or Outstanding by Ofsted, making these properties ideal for a growing family.

AM I ELIGIBLE FOR SHARED OWNERSHIP?

This is a very common question, and you are eligible (in England) if your household: 9 Earns £80,000 a year or less (outside London) 9 You are a first time buyer, you used to own a home and now have an agreed sale on your property or have now sold your property and can’t afford to buy another one without assistance 9 You are an existing shared owner looking to move.

Some developments do have additional qualifying criteria, such as a local connection to the area, so please check with the individual scheme.

HERE TO HELP

The Snugg Homes team is on hand to answer any questions and support you every step of the way as you take the road to homeownership, whether that’s about Stonecross Vale or any of our other stunning schemes.

To register your interest in shared ownership, please pay a visit to our website snugghomes.co.uk. You can also follow us on @SnuggHomes on Twitter or @snugghomes on Instagram and TikTok

SHARING THE LOVE

“My partner and I had been living with my mum, but we decided it was time that we moved into our own place. We were fortunate enough to find a property that we loved, which was affordable because it was available through shared ownership.

“Our lives have changed dramatically since moving in; it honestly all feels like a dream. It’s just amazing to have our own space and to be able to do our own thing – and the dogs love it as much as we do. The house and development are stunning; the quality is insanely good. And I never imagined it would be so beautiful!

“Snugg Homes has been exceptional throughout. I suffer with anxiety and I made the company aware of this at the very beginning. I really appreciated that they always made the time to reassure me and were available on the phone for any questions I had; it really meant a lot.

“The team made what could have been an extra stressful time, into a much easier one!”

New homeowner Abi, who lives with her partner and two dogs in Crewe.

FINDING YOUR NEW HOME ‘ZEN’ IN LONDON

Let’s face it, buying a stylish modern new home in London is very much at a premium these days. With escalating property prices, mortgage shortfalls and hefty deposits, first time buyers are being priced out of the market. Or so we thought...

Chiswick Green

Zen Housing was founded to address the clear shortfall in affordable accommodation across the UK,

specifically in London and the South East. As a registered provider of social housing, Zen’s mission is to deliver much-needed new homes that transform neighbourhoods and set a new benchmark within the sector. Zen’s plan is to deliver 500 new affordable homes in the next five years through a collaborative and accountable approach, ensuring the needs of buyers and communities always come first and without compromise.

Zen provides homes and builds communities for people who need them most. Its stylish modern developments reflect a focus on quality, service, sustainability and design, setting new standards in the sector, with affordable purchasing options that meet the needs of the first time buyer.

CHISWICK GREEN in W4 is one such development consisting of 16 stunning new apartments. Aptly named as a testament to its desirable surroundings, bringing a breath of fresh air into London’s affordable housing market. This inner-city suburb is the perfect blend of modern city living and village life, designed to enjoy all of London’s best amenities. Chiswick Green has access to private outdoor spaces, with many parks and riverside walkways to explore. You can choose from a wide range of one, two and three bedroom executive apartments from as little as £126,250 through shared ownership with just a £6,312 deposit, based on a 25% share.

THE MEWS AT HOLDERS HILL in leafy Mill Hill East NW7, is a short walk from peaceful woodlands, parks, meadows and nature reserves. You can live a relaxed lifestyle with rural landscapes and village life close by, yet you can be in the beating heart of London in less than half an hour. The development is a new community of spacious, energy-efficient apartments and houses just a seven-minute walk from Mill Hill East tube station in Zone 4. They’re available to buy on a shared ownership basis, which makes living in this popular suburb more affordable, with one bedroom apartments starting at just £98,750 for a 25% share.

The Mews at Holders Hill

Understandably both developments are in high demand. You can find out more about the plans and register your interest at zenhousing.co.uk

Open Market: east London

FACT FILE

Property: One bedroom apartment Price paid: £372,500 Deposit: £56,000

Before buying at Notting Hill Genesis’ Royal Albert Wharf, Nate spent six years renting across London. He said, “Starting in central, I moved north then east, and then most recently south of the river – I’ve pretty much experienced it all! I decided my last rental experience would be the last – I’ve rented in shared flats and on my own, and it’s never really an easy process.” Nate made the move to buy his own home with an apartment at Royal Albert Wharf, joined by his partner Bianca

Nate works in cybersecurity at Canary Wharf, and Bianca has a career in events in Woolwich. The two made the decision to put down permanent roots in east London, which gave them the benefit of an easier commute to work alongside outdoor space, a riverside location and a tranquil setting away from the busyness of the city while still being a stone’s throw from central London. He added, “We looked at quite a lot of properties but struggled to find a home that ticked all of our boxes. We wanted to find somewhere that gave us access to open space, fresh air and was close to the Thames, as well as giving us shorter journeys to work. Royal Albert Wharf was the perfect fit.” The ease of a short commute was one of Royal Albert Wharf’s biggest draws, particularly for Nate, who benefits from the development’s proximity to Gallions Reach DLR Station, just a five-minute walk away. “I used to travel an hour and 15 minutes to Canary Wharf, and now it only takes me 25 minutes door-to-door. I also fly frequently for work – travelling to Heathrow or Gatwick was such a pain and added hours on to each journey, but now City airport is very convenient and perfect for business travel. Knowing you’re half an hour from your front door when you land makes a big difference.” London City airport can be reached in 26 minutes via the DLR from Royal Albert Wharf, while stations including London Waterloo and Liverpool Street can be reached in half an hour.

Along with convenient travel connections, working from home was also a requirement for the couple. “We’re working much more flexibly now and so it was important to have a nice home environment for work as well as access to the office. This is the best of both – we have lovely views over the river and peace and quiet when needed, but can also pop into the office at short notice. At one point we were both working from home, and there was plenty of space for us to do that without stepping on each other’s toes. “The apartment is really spacious, light, and bright – the layout is one of the things that encouraged us to buy here. We’d looked at quite a lot of properties within our budget and this floorplan was by far the best use of space we’d come across. It felt so much bigger than homes of a similar size.” For Bianca, large rooms and storage were a dealbreaker. “We were adamant about having enough space in the bedroom, which always tends to be the smallest room in a London flat. There’s also so much cabinet and wardrobe space.”

Bianca said, “When we first came to view the property, we walked in the door and it was by far the best place that we’d seen. I could picture us living in here immediately and planned out where everything was going to go – it was such an easy decision to make.”

While choosing a home to live in longterm, the couple were conscious of investing their money in an area with a growing community and plenty to offer. “Normally in London there’s a trade-off between price, commuting distance and neighbourhood, but at Royal Albert Wharf, we didn’t need to compromise like we would have needed to do in other areas. There’s a lovely pub, cafes and supermarkets close by already and plans for more. We’ve started seeing new things around the development like farmers’ markets, community events and independent stores and restaurants moving in. It feels like an exciting time to be moving here.”

At the weekend, as well as making the most of the development’s increasing amenities, the couple enjoy the waterside location. “We have friends in Brixton, and we’ve invited them over to our new corner of London to show them around – they were so impressed! The pub is in such a great place right next to the river and the Thames path is also a lovely place for Bianca to go rollerblading or jogging.”

Final homes are available at Royal Albert Wharf, with two bedroom shared ownership homes starting from £110,000 for a 25% share. One, two, and three bedroom homes will also be available in future phases.

Nate and Bianca moved into their one bedroom apartment at Notting Hill Genesis’ Royal Albert Wharf in April 2021. As first time buyers, the couple were drawn to the riverside development due to its contemporary and spacious apartments and the opportunity to belong to a growing community with outdoor space, arts and culture on their doorstep, and easy transport connections into central London and beyond

“I’VE PRETTY MUCH EXPERIENCED IT ALL! I DECIDED MY LAST RENTAL EXPERIENCE WOULD BE THE LAST”

For more information visit nhgsales.com or speak to the sales team on 020 3733 3571

FOR SALE

THE CREAM OF THE CROP

Each month, FTB goes scours the market for the best starter homes for rst time buyers. So, whether you’re making your rst step on the ladder with a modest budget, or craving convenience, we hope you enjoy our selection.

REAL LIFE

Open market p70

BUSHEY HEATH, HERTFORDSHIRE CREWE, CHESHIRE

LANDSCAPED GROUNDS ★★★ FIRST CHOICE

Affordable homes p72-73 NEW NEIGHBOURHOOD ★★★ FIRST CHOICE

Kings of convenience p74-75

AFFORDABLE HOMES

BUSHEY HEATH, HERTFORDSHIRE

LANDSCAPED GROUNDS ★★★ FIRST CHOICE

FROM £93,750*

Heathbourne Village

There are just four apartments available through shared ownership at this pretty new development in Hertforshire. Surrounded by landscaped grounds and within walking distance of Bushey Heath, the one and two bedroom homes here form part of a wider collection of properties that sit within a private, gated community. The properties have been thoughtfully designed to maximise space and feature stylish tted kitchens and open-plan living areas. Residents can make the most of the peaceful surrounds while local shops can be reached in less than ve minutes by car. Good road links, including the M1, make travel into the capital or Luton and beyond super easy.

St Arthur Homes 020 3859 7017 starthurhomes.com

RUGBY, WARWICKSHIRE

FROM £98,000*

PEACEHAVEN, EAST SUSSEX

FROM £233,995

Ashlawn Rise

Named as one of the UK’s best places to live, Warwickshire offers bustling towns and popular attractions combined with beautiful countryside, parks and outstanding architecture. The two bedroom houses at Ashlawn Rise are moments from Rugby town centre, which has plenty of amenities and great rail links to Birmingham, Coventry and London (trains reach Euston is under an hour). Homes are bright and contemporary, with living/dining space and a WC on the ground oor and two good-sized bedrooms and family bathroom upstairs.

L&Q 0333 321 1778 lqhomes.com

*Based on a 40% share of the full market value of £245,000

STEVENAGE, HERTFORDSHIRE

FROM £239,950

Chalkers Rise

On the edge of the South Downs, these homes enjoy a green and serene position. The one and two bedroom apartments are a short walk from Peacehaven’s town centre, while Brighton is around a 20-minute drive – meaning town, country and city life are perfectly balanced. The new homes feature spacious open-plan living/dining areas, plenty of built-in storage and a separate utility room. The larger homes have an en suite from the main bedroom. Outdoor life is so easy to enjoy here, with a multitude of spectacular hiking and cycling trails right on the doorstep.

Barratt 0330 127 8321 barratthomes.co.uk

WANDSWORTH, SOUTH WEST LONDON

FROM £130,000*

Aspects

This new development close to Stevenage town centre has a leafy setting and is close to local amenities, while great travel links make it a savvy choice for commuters. The properties range from one and two bedroom apartments to two and three bedroom houses. The terraced family homes feature kitchen/ diners that lead to the garden, while there’s a downstairs WC, plus an en suite from the main bedroom upstairs. Trains from Stevenage station (a 10-minute drive) take as little as 22 minutes to reach London King’s Cross.

Hill 01438 902 540 hill.co.uk

Willow Walk

Nestled between the River Wandle and the River Thames in the south west London borough of Wandsworth, these new homes are close to a fabulous range of eateries, bars and beautiful green space. The one, two and three bedroom apartments mark the nal stage in the transformation of the Wandsworth Riverside Quarter that sees a great deal of renewal, new homes and businesses boosting the local area. The properties all bene t from a private balcony along with attractive communal gardens, while two riversides and plenty of opportunities for exploration are just a short walk away.

Peabody 020 7021 4842 peabodysales.co.uk

KINGS OF CONVENIENCE

CREWE, CHESHIRE

FROM £TBC*

NEW NEIGHBOURHOOD ★★★ FIRST CHOICE

Signaller’s Croft

The 400 properties being created at Signaller’s Croft make up part of the ambitious regeneration project that will see 850 new homes created in this part of Cheshire. The plans also include a new primary school, independent shops and community centre – so a whole new neighbourhood lies right on the doorstep. Located on the edge of Weston village and just a 10-minute drive from Crewe, there’s plenty within easy reach too. There is a range of two, three and four bedroom homes on offer through both private sale and shared ownership. Crewe is a thriving town with a lively music and entertainment scene, a great selection of shops and restaurants and good cross-country rail links.

Onward Living 0300 555 0130 signallerscroft.co.uk

CLAPHAM, SOUTH WEST LONDON

FROM £450,000

HOUNSLOW, MIDDLESEX

FROM £353,000

The Post House

Clapham’s former post and sorting of ce has been tastefully transformed into a boutique collection of 14 apartments. The one and two bedroom properties are located on the rst to fourth oors of the refurbished building and feature full-height windows and energy ef cient features, including a Smart Grid system. Clapham’s famous common is seconds from the front door, along with a plethora of dining and entertainment options. Train, Overground and bus links connect to central and east London.

Portobello Homes 020 7840 3700 or 020 8125 3040 theposthouseclapham.com

SLOUGH, BERKSHIRE

FROM £114,000*

High Street Quarter

This new collection of one, two and three bedroom apartments forms part of the wider regeneration programme that’s transforming Hounslow. The developments sits at the centre of the new lifestyle hub that comprises homes, a cinema, coffee shops and restaurants. The high street, supermarket and tube stations are all within a short walk. Inside, the properties are bright and spacious with oor-to-ceiling windows providing maximum natural light. Balconies from the living spaces provide private outdoor space along with some great views.

Barratt 0330 134 5170 barrattlondon.com

HOUGHTON REGIS, MILTON KEYNES

FROM £399,950

Horlick’s Quarter

Situated on the site of the former Horlick’s drink factory, this major new development is part of the ongoing regeneration of Slough. A total of 1,300 new homes will sit within landscaped grounds, with a central square for community activities, gardens and a water feature, as well as a nursery and cafe. The local area has a lot to offer, including a busy town centre and pretty Salt Hill park. The new Elizabeth Line ensures speedy rail travel, with trains reaching London Paddington in around 15 minutes from nearby Slough station.

Sovereign Housing Association 0300 330 0718 sovereignliving.org.uk

*Based on a 40% share of the full market value of £285,000

Bidwell Mews

Located between the historic town of Houghton Regis and the new community of Bidwell, the two, three, four and ve bedroom homes here aren’t short on convenience. The new development will include a local centre, primary school and sports facilities. The traditionally designed family homes are available in a range of styles, and come complete with off-street parking or garages. The four bedroom properties feature separate kitchen/dining and living rooms, downstairs study and WC, as well as spacious private gardens.

Storey Homes 07917 871 741 storey-homes.co.uk

FTB’S FESTIVE FAST FOOD

Christmas is always a rapid flurry of activity and we can’t believe there are only 24 days in December to set up the tree, find the perfect presents for family and friends, and do all the baking and food prep needed to have the best Christmas! This season, let us help take some of the stress off your plate with this tempting list of tried and tested goodies to make your Christmas feast memorable. Here are our top picks that we think are worth adding to your festive spread

BEST PLANT- BASED CENTREPIECE BEST DESSERTS

SAINSBURY'S Taste the Difference no turkey crown; £7 For a ready-to-roast plant-based main, this succulent turkey-style crown from Sainsbury's is nished with smoky vegan rashers, sage and onion stuf ng and a zesty sage, thyme and onion melt.

TESCO nest* Free From chocolate yule log; £5.50

Yule be driving home for this gluten-free Christmas yule log. Perfect as a festive gluten-free treat for all. BEST FREE FROM

MORRISONS Chocolate orange panettone; £7

Chocolate orange panettone is indulgent and buttery, with milk chocolate chunks and an orange liqueur-infused mascarpone lling.

BEST CHAMPAGNE BEST PANETTONE

CO-OP Irresistible Les Pionniers NV Champagne; £19

A mistle-toast to the holiday season! The perfect tipple to add to your Christmas shopping list this season. SAINSBURY'S Taste the Difference festive Belgian chocolate & salted caramel wreath; £12

Wow your guests with this sophisticated choux wreath centrepiece. Piped with salted caramel cream, topped with salted caramel sauce and Belgian chocolate.

SAINSBURY'S Taste the Difference caramelised biscuit pudding; £15

Move over traditional Christmas pudding and make way for this moist and fruity sponge to please every palate. Adorned with juicy vine fruits and laced with a hint of brandy for a boozy hit.

SAINSBURY'S Taste the Difference triple chocolate praline winter forest; £12

An indulgent chocolate centrepiece that tastes as good as it looks. This festive dessert layers Belgian white chocolate mousse over rich Belgian milk and dark chocolate mousse.

WAITROSE No.1 Whisky smoked salmon; £6.25

Every Christmas menu needs a smoked salmon, so why not try this succulent salmon smoked over a whisky barrel?

BEST SIDE DISH BEST SMOKED SALMON

WAITROSE No.1 cauli ower, leek & Brussels sprout truf e gratin; £4

Liven up your sprouts this year and give them the very best chance to jump off everyone’s plates. This side dish adds a luxurious twist with its creamy truf e sauce topped with a parsley crumb.

BEST BOXING DAY PUDDINGS BEST PARTY FOOD

TESCO nest* chocolate winter village cake; £17

This is truly a showstopping chocolate cake with rich chocolate ganache. It amazes with uffy chocolate buttercream and edible festive decorations, perfect for that Boxing Day get- together as it serves 16. M&S Helter skelter cake; £25

Looking for something different? Then this cake is for you. It's topped with a white chocolate dome and edible snowballs that swoosh down from the top. Shatter and share the lid and reveal the chocolate winter wonders inside. SAINSBURY'S Taste the Difference 8 sticky teriyaki chicken skewers; £4.50

British chicken thigh skewers marinated in aromatic ginger, garlic and ve spice.

SAINSBURY'S Taste the Difference 10 croquette monsieur; £4.50

Enjoy a tasty croque monsieur in one miniature mouthful!

M&S Reindeer-shaped steamed buns; £7

This novel festive reindeer shape will be a talking point this Christmas. A soft and uffy steamed bao bun lled with vegetables and a sticky plum and hoisin sauce.

BEST VEGAN CANAPE

WAITROSE Vegan mini no beef empanadas; £5.50

Indulge your guests on arrival this Christmas with these crisp pastry treats lled with soya mince, red pepper, carrot and many more avours – a treat that everyone can enjoy to get the party started.

BEST CANAPE

BEST CHRISTMAS CRACKERS

WILKO Festive Joy crackers; £7

Celebrate with a bang with these family fun crackers. Each cracker contains a gift, hat, snap and motto, something for all the family to enjoy. SAINSBURY'S Taste the Difference 10 crab thermidor crumpets; £5.50

A twist on classic comfort food, these uffy mini crumpets are topped with rich brown crab and a luxurious thermidor-style sauce.

SAINSBURY'S Taste the Difference 6 mini pulled beef Yorkshire puddings; £5.50

A roast in one punchy bite, these mini Yorkshire puddings are packed with a rich pulled British beef in a red wine gravy.

BEST VEGETARIAN OPTION

SAINSBURY'S Taste the Difference 12 molten triple cheese fondue bites; £4.50

Bring the iconic avours of a retro fondue to your table, combining a blend of Barber’s cheddar, stringy mozzarella and sweet con t onions.

M&S Plant Kitchen roast butternut squash pie; £7

What is not to like? This veganfriendly pie has butternut squash, carrot and spinach encased in shortcrust pastry and topped with lo pastry.

SAINSBURY'S £14 each BEST SHARER

M&S Garlic butter brioche and Camembert wreath; £14

A delicious brioche tear‘n’share wreath with swirls of garlic and parsley butter. Tear off and dunk in the perfect Camembert centre – a great one to share with family and friends.

BEST FESTIVE GINS

Treat your elf this season with this selection of Taste the Difference gin liqueurs. Give the winter bramble and mandarin gin liqueurs a shake to "wake up" the shimmering silver edible akes and watch them come alive. The cranberry blush has whole cranberries to naturally infuse avour and colour.

Lights, camera, take action

The winter months are the perfect time to spruce up the home in preparation for the festive season. But, with the darker nights also making the perfect conditions for burglars to move around an area undetected, it’s also a good time of year to start thinking about upgrading your home security

HOW TO ENTER

Answer the following question:

What decibel is the builtin siren for Yale’s new Floodlight Camera? a) 90 dB b) 100 dB c) 110 dB

Send your answer with your full name, address and telephone number to: lynda@ rsttimebuyermag.co.uk

Closing date: 11 January 2023

THE PRIZE… A YALE FLOODLIGHT CAMERA WITH PROFESSIONAL INSTALLATION WITH AN APPROVED YALE INSTALLER WORTH £369.98

T&Cs

• Installation will be arranged after the delivery of the prize to the winner’s address.

• The prize is non-transferrable, and no cash alternative can be given.

• The competition is open to UK residents only. With the colder months seeing an increase in domestic burglaries each year, it’s worrying to hear statistics from Yale suggesting that 62% of British people are no more concerned about their home security in the winter than they are in the summer.1

Alongside the cooler months ahead, statistically you’re nearly twice as likely to be burgled in the rst 12 months after moving into a new property, according to Home Of ce statistics. This means that new homeowners should be even more proactive in protecting their homes as winter rolls around.

So, to help ensure your home is fully prepared for these vulnerable months ahead, the experts at Yale have launched their brand new Floodlight Camera.

Yale’s Floodlight Camera gives homeowners the ability to monitor the outside of their home easily and conveniently at any time of the day or night via a smartphone in clear, crisp video quality.

And we’re offering one lucky homeowner the opportunity to upgrade the protection of their home by giving away Yale’s new Floodlight Camera, alongside professional installation, to get the kit up and running in no time.

Alongside the high de nition video quality and smartphone control of Yale’s new Floodlight Camera, it also utilises the bene ts of light and sound to deter unwanted criminals.

When the winter nights draw in, it makes it much more dif cult for us homeowners to monitor our properties and protect our possessions. But with adjustable motion regions, the Floodlight Camera is fully customisable to ensure every inch of your home and garden is covered.

In the unfortunate event of an opportunist getting close to your home, Yale’s new addition noti es you immediately of any motion detected through alerts via your smartphone. This ensures you’re always "in the know" over your home security in real time. And with a range of lighting modes available, the homeowner can keep an eye on their home at any time of the day or night, even in very low light conditions.

And what’s more, a built-in siren will be quick to scare away any brazen intruders scoping out your home, with a 110 dB alarm sounding to startle and warn off these opportunists.

With the harsh, cold weather sure to put a great deal of pressure on our gardens, the Floodlight Camera even has the ability to protect in the rainiest of British winters with an IP65 weather rating.

So, with the cooler months now in full swing, ensure your home and garden security is up to scratch with the help of Yale and its new Floodlight Camera. WIN! A YALE FLOODLIGHT CAMERA WITH PROFESSIONAL INSTALLATION WORTH £369.98

For more advice and top tips on how to improve the security of your home this winter, visit yalehome.co.uk

1 A poll of 2,000 UK Adults (nationally representative) run by OnePoll, commissioned by Yale UK, 2022