Last night saw the launch of The Fisheries, a brand new development in the heart of London Fields. This stylish collection of 31 one, two and three bedroom apartments are finished to a high specification with a stunning contemporary design from award winning Guy Holloway architects. The development is built on the former site of fish wholesalers R. Green Fisheries.

 

Each flat is unique, with beautifully designed kitchens, exposed brick walls, and floor to ceiling windows. The design aesthetic combines both the modern and traditional, and reflects the semi-industrial, warehouse heritage of the site.

The ground and basement floors of the development will house a cafe and vibrant co-working community of small, entrepreneurial and creative industries.

The Fisheries is ideally located, just a stone’s throw from all the great amenities London Fields has to offer, such as the Lido, The Institute of Light restaurant, bar and cinema, Hackney Picturehouse, and the numerous bars and restaurants in Broadway Market.

It’s well connected to the rest of the city, with London Fields Overground just 50m away, offering regular seven minute journeys to Liverpool Street.

Prices start from £500,000.

London Mayor Sadiq Khan announced yesterday plans to earmark £250m for City Hall to use for the purchase and preparation of land for new and affordable housing.

The funds will be used alongside the £3.15bn affordable housing budget announced in last year’s Autumn Statement.

The money raised from selling this land to housebuilders will be reinvested to buy new land for affordable homes.  This will aid the Mayor and City Hall in delivering their target of approximately 90,000 new affordable homes by 2021.

The move has been cautiously welcomed by commentators, who say that any additional government funds invested into housebuilding is helpful, however they are skeptical that the Mayor and City Hall will be able to deliver the 90,000 projected homes. This is on the basis that private housebuilders will only choose to build homes if the returns are attractive enough.

In addition, the Mayor will shortly announce plans to bring together London’s private tenants and landlords to develop a new “London model” of renting, the end aim being better rights and more security for tenants.

The Mayor is also lobbying central government to provide a comprehensive and urgent devolution of powers to City Hall so that his ambitious targets can be met.

In an appeal to Whitehall the Mayor said ‘I will use my power and resources to their fullest, but government needs to play its part too by giving London the powers and resources we need to see an even greater step-change in the number of homes being built

Yesterday’s announcement marks the start of a three-month consultation. Subscribe to the Currell blog (see right) for further updates.

With September fast approaching, it’s time to start thinking about the new school year – and maybe about finding somewhere new to live. Whether you’ve got little ones or teenagers, we’ve got a property within walking distance of a good school for them. Here’s our pick of the best:

Hemingford Road, N1

This beautiful five bedroom, Grade II listed Victorian house makes a perfect family home, and is just a five minute walk from Thornhill Primary School. Thornhill is a popular co-educational primary school rated as ‘good’ by Ofsted, and has a local community and charity focus.

Arrange a viewing or find out more here

College Cross, N1

A stylish two bedroom apartment just off Upper Street in the heart of Islington, a mere four minute walk from the highly sought after William Tyndale Primary School, rated as ‘outstanding’ by Ofsted. The school has excellent facilities and numerous extra- curricular activities.

Arrange a viewing or find out more here

Devonia Road, N1

This four bedroom period house on Devonia Road is in a prime Islington location, and also very close to Hanover School, a co-educational primary school for children aged 3-11. Rated as ‘good’ by Ofsted, it is recognised for high-quality teaching, and for a broad and balanced curriculum, including the provision of STEM, the arts, music and PE.

Arrange a viewing or find out more here.

Pedley Street, E1

Available to buy through shared ownership is this 2 bed flat in Bethnal Green, near Swanlea School, rated as ‘outstanding’ by Ofsted. This apartment is a perfect choice for city living; close to exciting Shoreditch and also open green spaces, with the bonus of being near a good school.

Arrange a viewing or find out more here.

Greenwood Road, E8

This stunning four bedroom home is perfectly situated on the end of a Victorian terrace in London Fields, and within walking distance of popular Gayhurst Primary School. Gayhurst is a co-educational school, for ages 3-11, and has a reported 97% happiness rating amongst parents according to an Ofsted survey.

Arrange a viewing or find out more here

Winkley Street, E2

A four bedroom, mid terrace period property in Bethnal Green, in walking distance of both Cambridge Heath Overground station and Oaklands School. Oaklands is a mixed community secondary school and sixth form, with a ‘good’ Ofsted rating and is in some areas rated ‘outstanding’.

Arrange a viewing or find out more here

Skipworth Road, E9

Positioned on a popular street just by Victoria Park is this bright and spacious three double bedroom, first floor apartment on the popular Crown Estate. The property also sits just a four minute walk from Lauriston Primary School, a co-educational community primary school scoring either ‘good’ or ‘outstanding’ across all the Ofsted review categories. The property is also close to the new Mossbourne Victoria Park Academy, a co-educational secondary school rated as ‘good’ by Ofsted.

Arrange a viewing or find out more here

Sharon Gardens, E9

Also close to Lauriston Primary and Mossbourne is this semi-detached, five bedroom house on a quiet, tree-lined street next to Victoria Park. This property is just a six minute walk from Lauriston Primary School, and enjoys a stunning loft conversion and rear garden space.

Arrange a viewing or find out more here

Colvestone Crescent, E8

This two bedroom apartment in a period building is ideally situated just round the corner from both Ridley Road Market and Colvestone Primary School. The school is just a one minute walk round the corner from the property, and is a co-educational community school for pupils aged 3-11. It is rated ‘good’ by Ofsted.

Arrange a viewing or find out more here.

 

Source: Financial Reporter

Virgin Money has launched a brand new range of shared ownership mortgages to help people looking to get onto the property ladder.

Two-year fixed rate shared ownership products are available from 1.84% up to 85% Loan to Value with a £995 product fee. Fee-free rates are also available from 2.44% up to 85% LTV and 3.69% up to 90% LTV.

Five-year fixed rates start up to 85% LTV, and are available at 2.34% with a £995 product fee or 2.89% fee-free, rising to 4.29% at 90% LTV.

All shared ownership products also offer £300 cashback to purchasers – and a little extra cash is always helpful when nearing completion. This product will initially be only available through specialist partners for properties in London, the South East and the South West. The scheme will hopefully be rolled out nationwide later in the year, but this is dependent on uptake.

To further celebrate the product, Virgin Money will also donate £100 to Crisis, the national charity for homeless people, for every shared ownership mortgage completion.

Peter Rogerson, Virgin Money’s Director of Mortgages, said:

“Virgin Money is committed to getting Britain building and helping more people achieve their dream of home ownership. Our new shared ownership range will support customers with a more affordable route into home ownership, giving people access to property who might otherwise be excluded.”

Alok Sharma, Housing and Planning Minister, added:

“This Government is determined to make housing more affordable, increase housing supply and help more people get onto the housing ladder. Shared ownership plays a crucial role in this, helping to deliver the homes people want and supporting first time buyers. That is why it’s great to see Virgin Money launching a new range of mortgage products to support those wishing to buy through shared ownership.”

For further information on shared ownership properties available through Currell please visit our website or call 020 7704 5618 to speak to a member of the team.

Getting on the property ladder is tough. For buyers in London you are paying rent and saving for a deposit, and it can feel like an uphill struggle at times.

There are however certain schemes available to first time buyers, which we’ve outlined below:

Help to Buy ISA

This product is available from a range of banks, building societies and credit unions.  You save money into a Help to Buy ISA and the government will boost your savings by 25%.  So, for every £200 you save, you receive £50 in a government bonus.  The maximum government bonus you can receive is £3000.  The accounts are available to each first-time buyer and not each household.  This means a couple could get £6000 towards their first home.  Your solicitor will apply for the government bonus on your behalf and use the funds at the completion of the property transaction.  You cannot use the funds for the deposit at exchange of contracts. Further details here.

Shared Ownership

If you cannot afford the mortgage on 100% of a home, you can buy a percentage of one (normally 25-75%) and rent the part you don’t own.  As and when your income allows you can purchase more shares in the property (there are costs involved with this and you purchase at the current market value).  To be eligible your household needs to earn £80000 or less outside of London and £90000 or less in London. Further details here.

Help to Buy Equity Loan

Under this scheme the buyer needs a 5% deposit, the government offers a 20% interest free loan (first five years only) and the remaining 75% is funded by a standard mortgage.  Be aware though that from year 6 interest becomes payable on the 20% and starts at 1.75%.  Every year after it increases by RPI (Retail Price Index) plus 1%. This scheme is available for all new-build properties in England worth up to £600,000.  Further details here.

Help to Buy London

In an extension to the above scheme, the London Help to Buy was launched on 1st February 2016.  Specifically to help buyers in London, the amount will grant an equity loan of up to 40% of the purchase price. Buyers can proceed with a deposit as little as 5%. Subject to qualifying you would need a mortgage on the remaining 55%.  You won’t be charged any fees on the 40% for the first 5 years of owning your property.  You cannot sublet this home and you are not allowed to own any other property at the time you buy your new home with Help to Buy London.  From year 6 interest becomes payable on the equity loan and follows the formula in the Help to Buy Equity Loan scheme above. Further details here.

Starter Homes

If you are a first-time buyer (under 40 years old) the Starter Homes scheme could help you buy a new-build home with a 20% discount.  The maximum cost of a home offered via the Starter Homes scheme will be £250,000 outside London and £450,000 inside London.  The scheme isn’t up and running yet but planning is well underway.  Aspiring homeowners can register their interest online now here.

Now that summer is here, it’s time to head outside. Whether you’re meeting friends for a picnic or looking to top up your tan, living close to a green space in London is always ideal. Here’s our pick of our top properties for sale near a park:

Rufford Street, N1

The last property remaining at the boutique Rufford Mews development is this unique two bedroom penthouse. It overlooks Bingfield Park, which has plenty of green space to relax on as well as a football/basketball court for getting active. Arrange a viewing here.

Bow Wharf, E3

Bow Wharf is a new build residential development overlooking the Hertford Union Canal, on the other side of which is Victoria Park. The park borders Bethnal Green, South Hackney, Cambridge Heath, and Old Ford, and holds two cafes, two playgrounds, sporting facilities, a skatepark, a bathing pond, and over 80 hectares of space. Arrange a viewing here.

Green Lanes, N16

This stunning three bedroom maisonette on Green Lanes is just down the road from the popular Clissold Park in Stoke Newington. Recently renovated in 2011, Clissold Park holds a children’s play area, aviary and animal enclosures, fountains, a multi-use games area, a refreshment kiosk and moreArrange a viewing here.

De Beauvoir Square, N1

As well as having a fabulous garden of its own, this five bedroom, grade II listed property sits on De Beauvoir Square, which is filled with beautiful rose beds, lawn areas, and a children’s play area. Lots of neighbourhood events also take part on the square. The park holds a Green Flag award. The awards are given to the best green spaces in the country and are awarded each year to make sure the quality of the green space remains high. Arrange a viewing here.

Quadra, E8

Quadra is a new development, overlooking London Fields in Hackney. London Fields is a popular spot whatever the weather with people out jogging, barbecuing and relaxing. Every Sunday there is a farmer’s market from 10am to 2pm with an array of produce on offer. Arrange a viewing here.

Poets Road, N5

This charming three bedroom maisonette is a stone’s throw from Islington Green, which straddles the border between Islington and Hackney, and is used like a village green. Community groups hold fairs there, and there is plenty of lawn space to sit and relax, as well as a café and a children’s play area. Arrange a viewing here.

Get on the housing ladder with a deposit of only £9,975

A fantastic opportunity for first time buyers to get on to the housing ladder in this leafy corner of Surrey. There are 45 one and two bedroom apartments available with prices starting at £99,750 for a 35% share of the property.

The apartments come with a contemporary interior specification and all benefit from an allocated parking space.

The developments unique location gives residents access to a wide variety of green spaces and local amenities.  Kingston-upon-Thames is an 18 minute drive and offers outstanding shopping with a healthy mix of high street brands and independent retailers.  There are no less than 6 primary schools located within a mile, two being private and the remaining four receiving Good and Outstanding results from OFSTED at last inspection.

Transport links are excellent – Walton-on-Thames railway station is just 0.5 miles away with frequent services to Basingstoke, Woking, Guildford and London Waterloo.  Road links are superb with the A3, M3 and M25 all easily accessible.

Priority will be given to those living/working in the borough of Walton-on-Thames.

Please contact Currell shared ownership team on 01932 807 418 or sharedownership@currell.com to register your interest.

The Platinum Apartments at Kilburn Quarter comprises 8 three and four bedroom duplexes set over approx. 1631 and 1427 sq. ft. respectively. All have their own private outdoor space and include secure underground parking. Kilburn Quarter is a brand new mixed tenure development in one of London’s most vibrant areas, NW6. Situated on a leafy tree-lined street, the apartments at the Kilburn Quarter development have been designed by award winning architects Lifschutz Davidson Sandilands and Alison Brooks.

These eight duplex apartments offer light and space, contemporary design and luxury finishes, making them great family homes. Floor-to-ceiling windows open onto private terraces through double glazed patio doors. All flats include fitted kitchens, en-suite bathrooms and built in storage. Benefitting from the south Kilburn regeneration scheme, the development offers purchasers an opportunity to be part of a new neighbourhood renaissance.

Residents have access to a private central courtyard garden, or the facilities of Paddington Recreation Ground, which is a short walk to the east of the development. Transport links are excellent – Kilburn Park (Bakerloo line) is a seven minute walk from the complex and Kilburn High Road (London Overground) around ten minutes. Kilburn High Road offers frequent bus services to Camden, Shepherds Bush and Oxford Circus.

There are only 3 three bedroom apartments remaining. To book a viewing call 020 3846 8500 or email newhomes@currell.com

Book your viewing for this Saturday 8th July.

Prices from £515,000.

The Shoe Factory is a collection of newly converted, warehouse lofts situated in a former Clarks shoe factory on Tudor Road, E9.

The developer ensured this conversion would preserve all the original features of loft living and because of this attention to detail the building retains a genuine industrial feel throughout. Each loft consists of a large open-plan reception room with brushed timber flooring to all rooms.  All kitchens are open/island kitchens with a selection of Neff integrated appliances and handmade concrete kitchen worktops.

Bathrooms are fitted with traditional and timeless Burlington bathroom suites and selected flats have Electrostatic glazed panelling to bedroom areas enabling clear or frosted privacy glass at the switch of a button.

A limited number of private parking spaces are available by separate negotiation.

The development has excellent transport links, with both London Fields (0.3 miles) and Hackney Central (0.7 miles) stations in close proximity with direct links to Liverpool Street and Stratford respectively.

Please contact Currell New Homes on 0207 722 6611 or newhomesnegotiators@currell.com for further details

Last night, the Currell New Homes team were pleased to host a showcase event at the exclusive Quadra development. It was a great opportunity for new residents and prospective purchasers to find out more about the development.

Quadra is an exclusive development in a prime park side location in London Fields. This pioneering over 55’s scheme, comprising 29 one and two bedroom apartments, is a joint venture between Hanover Housing Association and award-winning housebuilder Hill.

The apartments at Quadra offer secure and spacious living in the heart of Hackney. Arranged in two linked blocks around a landscaped central courtyard, all units are dual aspect and have a park view. All homes are built to the Lifetime Homes standard, ensuring that they meet the changing needs of residents at different stages of life.

The Currell team loved getting to know the current and soon-to-be residents of Quadra as well as showing potential buyers everything the fantastic development has to offer.

For more information about the development please contact a member of the new homes team by email or phone: newhomes@currell.com or 020 3826 4888, or arrange a viewing on our website.