Summer of Opportunity: Get onto the property ladder now with Catalyst
Shared Ownership and Help to Buy homes in London and the South East
Since the announcement of the Spring Budget and the government’s commitment to transform ‘Generation Rent’ into ‘Generation Buy’, demand from first time buyers has been rising. The staggered stamp duty savings, combined with the return of low deposit mortgages to the market, has seen a rush of first time buyers keen to get on to the property ladder.
Leading housing association, Catalyst, has witnessed a similar surge, with a record year for sales over the past 12 months, and demand for their new homes at an all-time high.
With a range of properties across London and South East England, from modern city apartments to family houses in the countryside, Catalyst has a development to suit every buyer. Plus with many homes available through Shared Ownership and Help to Buy, purchasers can easily find a property available through the right buying scheme for them.
Markus Kendall-Young, Director of Sales and Marketing at Catalyst comments:
“The demand from first time buyers at the moment is terrific. The past year has clearly prompted a re-evaluation of people’s priorities, and an increasing number of first time buyers have realised the importance of having a home they love.
“For purchasers who have managed to stow away a bit more cash than usual over the past year, they may be surprised how far this goes towards a deposit for a Shared Ownership or Help to Buy home. Developments like ARRO in Southall require deposits well under £5,000.”
ARRO is a collection of studio, one and two bedroom apartments available through Shared Ownership. The development offers one of the earliest opportunities to buy in one of London’s most ambitious regeneration projects – The Green Quarter. The Green Quarter will become home to 3,700 new homes and 13 acres of green space, including a new park that will stretch over 500m in length and feature over 250 trees, right in the heart of the development.
Homes at ARRO feature flexible, open-plan layouts and top-of-the-range kitchens and bathrooms. All homes, including studio apartments, are complete with a balcony or terrace – providing residents sought-after access to private outdoor space. Convenient for commuting, the development is only a 10 minute walk from Southall station, where journeys into London Paddington take from 16 minutes. Prices start from £66,875 for a 25% share (full market value £267,500).
Tucked away in the nearby leafy urban village of Hanwell, Aspire at St Bernard’s Gate is a heritage-rich development built around the Grade II Listed North House, St Bernard’s Chapel and gatehouse arch. Just a handful of one and two bedroom apartments remain, available through Help to Buy. Inside, high specification finishes include spacious open-plan layouts that flow into private balconies or terraces, high specification kitchens and bathrooms, and video entrance phone systems for added peace of mind. Hanwell is well-known for its lush green spaces, variety of good schools, and thriving high street only a 10 minute walk away. Prices start from £365,000 with Help to Buy available.
Offering a rare chance to step onto Oxford’s competitive property ladder through Shared Ownership, Newman Place is a collection of high specification one and two bedroom apartments, less than four miles outside of the historic city. The development has been designed to reflect the character of its natural landscape, with gently curving roads and rich landscaping. A raised walkway stretches the perimeter of the site and weaves through trees, bringing residents closer to nature. Featuring Catalyst’s customary high quality finish throughout, the apartments feature open-plan living areas, generous private balconies and large windows creating bright and airy homes. Prices start from £68,750 for a 25% share (full market value £275,000).
Join Catalyst for a webinar on Wednesday 5th July 2021, where they host experts from across the property sphere to discuss the ‘Summer of Opportunity: why now is the time to buy.’ Register for a place here.
Share to Buy is a one stop shop for affordable homes. On our website, you can search for properties, compare mortgages and find out all you need to know about alternative home buying schemes such as Shared Ownership and Help to Buy.