Owning a Zone 2 Home by The Age of 25, How Shared Ownership is Full of Possibilities. The rapid increase of house prices and stagnating wages have meant that UK millennials have struggled to get on onto the property ladder. According to a recent study conducted by HSBC, only 31 per cent of young people surveyed said there were able to purchase a home. There are however a number of alternatives open to First Time Buyers, such as the Shared Ownership scheme, meaning that, more young adults are able to consider buying a property. Such a case is Events Manager, Ellie Wyburd, who purchased a new build two-bedroom flat at Woods Road, Peckham, a Shared Ownership development by Hyde New Homes.
The challenge of finding a home with just the right amount of space and with absolutely no need for DIY is driving many buyers to new-build properties in West Sussex.
Increasingly, newer homes are designed to provide flexible space that fits a wide variety of lifestyles, providing those who may previously have opted to downsize with the luxury of rooms that are perfect suited to their requirements.
Would-be buyers more willing to sacrifice holidays than cigarettes when saving to buy a home. Holidays are the first things to be cut among those keen to buy a home, according to a survey from Barratt Homes. The five star housebuilder, which is building homes in Plymouth, asked 2,000 people which luxuries they would cut back on in order to save the money needed to make their dream move.
More than a third of those asked (35 per cent) said they would forgo that special trip away, closely followed by 32 per cent, who were brave enough to sacrifice time in the pub, eating out, or visiting the cinema.
On 24 February at their show home at Royal Wells Park, Crofton, WDH is aiming to make home ownership affordable for first time buyers.
On offer is WDH’s affordable Shared Ownership scheme, a way for many to take their first steps on the property ladder.
Affordable housing schemes are more desirable than ever as recent research revealed the importance of owning a home for young adults. A Yorkshire Building Society study showed that on average, young people consider owning a property more important than career success, academic achievements, and even marriage.
Benefits of the scheme include smaller deposits, a quality modern home which is likely to increase in value, and the opportunity to purchase the full property when financially ready.
Work at The Brook in Chatham is an outstanding example of urban regeneration combining three sites to form one community.
Since 2014, we’ve invested £11 million transforming the area by redeveloping three sites: Cross Street (due to be finished this Spring), Eldon Street and Cavalier Place.
The development was shortlisted last year for an Inside Housing Award as Best Regeneration Project outside London.
We demolished a sheltered housing block and office building to make way for one five-storey and three four-storey residential buildings with car parking and landscaping. The unified brick facade has been designed in reference to proportions and materials found in the historic buildings of Chatham.
A housing association in Wakefield has responded to its tenants’ increasing need for instant access, by undertaking The Key Safe Company’s accredited key safe installer scheme.
The installer program has helped the WDH team install their P500 and C500 KeySafesTM to allow caregivers unrestricted access at any time of the day to their tenants.
Alana Stanley, senior pest control officer for WDH, arranged the training for herself and eight team members from the Repairs and Maintenance service. She commented: “We’ve always had two dedicated members of the team who have carried out all our key safe installations, but as we’re seeing more of a need for care at home we wanted other members of the team to understand how to install them correctly too.
Helping more first-time buyers get their foot on the property ladder, Bellway Homes is giving house hunters the chance to secure a brand-new home before they go on general release at their upcoming Help to Buy event. A selection of Bellway sites across London and Essex will be available to purchase off-plan, at an event that is being held at The Grange St Paul’s Hotel in London on Thursday 15th March from 12pm to 8pm.
First time home-buyers have a lot to think about when it comes to choosing a new home. There’s the property itself, price bracket, size and history, not to mention the geographical location and all the implications of that. Is the home in a nice area, what are the crime statistics, how close is it to transport links and schools, where’s the nearest chip shop? However there are other things that play a part that often go overlooked. One of these factors is whether or not the new home is in a hard water or a soft water area. Many people don’t realise there’s even a difference until they’ve lived there for some time and start to notice the negative effects of living in a hard water area. Some people don’t even realise these negative implications are happening because of their hard water.
Westleigh Homes has invited multi-trade students from a further education college for an informative site visit at its Melton Fields development in Melton Mowbray to get a taste for the construction industry.
The group of 11 pupils, aged between 16 and 17, and five teachers from Brooksby Melton College, were given an exclusive tour of the collection of two, three and four-bedroom homes, where they gained an insight into the building process and got the opportunity to meet the experienced on-site team.
Site Manager Lee Connors was on hand to give the students a health and safety induction before personally escorting them around the development, which once complete will provide almost 100 new homes for property-seekers in the area.
HAPPILY EVER AFTER FOR SCHOOL AS HOUSEBUILDER DONATES £200 TO LIBRARY FOR NATIONAL STORYTELLING WEEK
Five star housebuilder Barratt Homes has donated £200 to a local primary school library to help celebrate National Storytelling Week.
The housebuilder, which has a development in East Leake named Lantern Fields, kindly donated the funds to the nearby Long Whatton C of E Primary School to spend on books for the pupils.
Field Sales Manager for Barratt Homes Jenna Hardy attended the school to celebrate and show her support for the awareness week.