This weekend saw the successful launch of the final phase of the M Collection development in Langley Park, Maidstone. The M Collection is a stunning collection of twenty 1, 2, and 3 bedroom apartments, houses, and coach houses available to buy through shared ownership.

This is the second phase of the M Collection, featuring six 2 bedroom apartments.

These well-presented homes are built to an excellent standard with modern fitted kitchens, en-suites and bathrooms. All properties benefit from allocated parking.

Langley Park forms part of a new neighbourhood in Maidstone, offering a wide selection of homes, shops and a new school. Langley Park is close to the North Downs Area of Outstanding Natural Beauty, and is a short drive from the M20 and Maidstone East Station, with great links to central London and Kent.

All available homes were reserved at the launch. Head of Shared Ownership Martin Fillery said:

“16 people attended the launch of the latest phase at Langley Park, with 16 reservations taken on the day against the 12 properties available. This demonstrates the huge demand for shared ownership properties in the area.”

To find out more about shared ownership properties available, take a look at our website.

We all like to save time in the morning, and living near a station is the ideal solution to cutting your commute. With this in mind, here are our top picks of properties that are just a short stroll from a station.

Cremer Street, Hoxton

This light and spacious apartment within the gated development of Nichols Court is just a four minute walk round the corner from Hoxton Overground station. From here, the tech hub of Old Street is just a three minute journey with Shoreditch High Street one stop away. Canada Water is also a twelve minute journey away, taking you one stop from Canary Wharf.

North Mill Apartments, Hackney

The beautifully modern North Mill Apartments provide lots of light and space, with floor-to-ceiling windows and an open plan kitchen/living room area. The building is also conveniently located for Haggerston Overground station, just a two minute walk away. From here, Highbury and Islington is ten minutes away for Victoria line services, and Whitechapel just seven minutes for services on the District and Hammersmith and City lines.

Britton Street, Clerkenwell

This stylish two bedroom flat is ideally located in the heart of the City, and just a three minute walk from Farringdon Underground and mainline rail station. This will benefit from the opening of Crossrail in 2018, providing fast services to Heathrow airport and across London. Farringdon currently offers journey times of six minutes to Liverpool Street, and just three minutes to Kings Cross.

PriME1, Rochester

For those looking for somewhere quiet outside of the capital, PriME1 in Rochester is a perfect commuter home. Just two minutes down the road from Rochester station, it offers journeys to Kings Cross in under an hour – perfect for a mixture of both city and country living. PriME1 is due to be completed in summer 2018, and is available to buy through shared ownership.

The Tapestry Building, Clerkenwell

Built in the 18th Century by the East India Company, this impressive building has now been converted into 14 contemporary warehouse apartments. This stunning two bedroom flat is not only beautifully presented, but also in a perfect location. Liverpool Street station is just a four minute walk round the corner, with access to Central, Circle, Hammersmith and City and Metropolitan lines as well as the Overground and TfL rail, making it ideal for getting around London.

Hoxton Nine, Old Street

This luxurious penthouse apartment is one of eight exclusive residences in the Hoxton Nine development in Shoreditch. As well as being close to all the bars and the restaurants in the area, it’s also just a five minute walk from the Old Street roundabout and Underground station. From here, you can be in London Bridge or Kings Cross in just five minutes.

Heaven Tree Close, Canonbury

This three bedroom modern terraced house is set within a private development, with a garden and full width extension to the rear, making it a perfect family home. It’s also ideal for commuters, as it’s situated just round the corner from Canonbury Overground station. From here, you can be in Highbury and Islington in five minutes for connections to the Victoria line, or Stratford in 14 minutes with connections to the Jubilee and Central lines, as well as the DLR and TfL rail services.

Victoria Park Square, Victoria Park

This bright, one bedroom flat is situated in a beautiful mansion block with views over the Museum of Childhood and the leafy Museum Gardens. It is also just a two minute walk from Bethnal Green Underground station, offering Central Line services of just three minutes to Liverpool Street, five minutes to Bank, and five minutes to Stratford.

London Lane, London Fields

Ready to move into in early 2018, these beautiful new homes overlooking London Fields feature high-end interior specification and boast ample outside space. London Fields Overground station is just a two minute walk away, offering journeys of seven minutes to Liverpool Street.

Fifty Seven East, Dalston

This stunning new development offers fantastic views of the London skyline through floor to ceiling windows, as well as beautifully modern interior design. The building is also just next door to Dalston Kingsland Overground station, offering a direct twelve minute train to Stratford, a four minute train to Highbury and Islington, and services across east London on the Overground. Liverpool Street is also just 19 minutes away, perfect for those commuting to the City.

Living in a busy city like London doesn’t mean sacrificing living near nature. With the Thames, Canary Wharf, and the canals of north east London, there’s plenty of scope for waterside living. Here are some of our top picks that we have for sale:

Reliance Wharf, N1

This light and spacious two bedroom apartment is in an ideal location, between the Kingsland Basin and the Regent’s Canal. The balcony is the perfect spot for evening drinks with a view over the water, and the interior also boasts a modern, high specification design.

Vicars Close, E9

A lovely three storey, canalside house with a south facing garden (pictured right, above) set in a quiet position on the Crown Estate in Victoria Park. The property offers a huge amount of space, with a garage/storage space to the front. The first floor is a large kitchen/diner, with a sunny balcony offering picturesque views along the Regents Canal.

Union Wharf, N1

 

This stylish duplex apartment has two double bedrooms and two bathrooms, an open plan high quality fitted kitchen and a double height reception room opening onto a balcony with canal views. Overlooking the Wenlock Basin and the Regent’s Canal, the apartment is well positioned close to the amenities of both Old Street and Angel.

Millharbour, E14

 

Millharbour offers a mix of one, two and three bedroom apartments available to purchase through shared ownership. Set in a dockside location, Millharbour also boasts excellent transport links, with South Quay and Canary Wharf stations just a short walk away. This development offers the opportunity to live in one of London’s most sought-after locations, offering a wide array of shopping, eating and drinking options.

Amber Wharf, E2

This stunning two bed apartment is situated in the gated development, Amber Wharf, on the Regent’s Canal. With a balcony overlooking the water and a communal rooftop terrace looking out to the City, this is an ideal place for relaxing with a view. Amber Wharf is also conveniently located for Haggerston & Hoxton Overground stations, offering direct routes to Highbury & Islington, Shoreditch, Liverpool St and Canada Water.

Kingsland Road, E8

Situated on the second floor of this modern loft style development on the Kingsland Basin is this beautiful split level, live/work apartment. The space is arranged over approx. 927sqft and offers plenty of light from the double height windows which look out onto the water. It’s also in close proximity to Haggerston Overground, making it very convenient for getting around London.

Bow Wharf, E3

Bow Wharf is a residential waterside development close to Victoria Park, overlooking the Hertford Union Canal. Bow Wharf comprises 24 units in total, 5 houses and 19 apartments, all of which will be finished to a high standard throughout.  The development is within close proximity to Victoria Park village with its many bars, restaurants and shops.

Gunmakers Lane, E3

 

Further down the Hertford Union Canal is Artillery House, on Gunmakers Lane – a beautifully finished two bedroom apartment overlooking the open spaces of Victoria Park. At close to 800 sq feet, the apartment offers two double bedrooms, a chic family bathroom, an eat-in kitchen, plus a separate reception, with doors opening out to a patio over the canal. The house is also close to the boutiques, cafes and restaurants in Victoria Park Village.

This weekend saw the launch of the stylish Malvern House, a new boutique development on Malvern Road in London Fields.

Malvern House comprises just seven 1, 2 and 3 bedroom apartments, all built to a high specification with bespoke kitchens and a contemporary design throughout.

The London Fields area is one of London’s most sought after residential locations. The fields, Lido, the Hackney Picturehouse, and the bars and restaurants of Broadway Market are all within easy walking distance of the development.

The apartments are also ideally located for getting around London, with Dalston Junction, London Fields, and Haggerston Overground stations about a 10 minute walk away, and frequent bus services on Kingsland Road and Mare Street.

Prices start from £525,000 for a one bedroom apartment. For more information or to arrange a viewing, please call our new homes team on 020 7226 6611 or visit the website here.

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.