From this weekend (3rd-4th October), London house hunters looking to secure their dream home with just a 5% deposit can now take advantage of Help to Buy London at Anthology’s Hale Works development with a selection of the new build apartments being applicable for the government backed equity loan scheme. Coupled with the recent cut to stamp duty, there has never been a better time to make a move.
Those looking to move to or stay in the area, will be able to make a pre-booked one to one appointment to view the one- and two-bedroom show homes. The development and final component of the popular Hale Village regeneration project has been designed by Hawkins Brown Architects with the 32-storey mixed-use tower of 279 homes consisting of studios, one, two- and three-bedroom homes. The double height reception area with 24-hour concierge and the eleventh-floor resident’s sky lounge that opens onto the sky garden offering uninterrupted views of Walthamstow Wetlands, add to the impressiveness of the new development.
The open weekend will give interested buyers the opportunity to find out more about Help to Buy London and how, with a 5% deposit, buyers can secure a home up to £600,000. Until April 2021 the scheme continues to be available to all types of homebuyers, including existing homeowners.
With the average age of a first-time buyer in London increasing to 34 , the scheme has been popular amongst Anthology’s first-time purchasers. Jack Walker (30) and Chelsea Muir (27) used Help to Buy London to purchase their first home one of Anthology’s other developments in Deptford: “It was perfect timing when we came across Deptford Foundry as Anthology had just launched a range of apartments that were available with Help to Buy, meaning we could secure our new home with a 5% deposit. We are really pleased that we can step on to the property ladder with the help from this scheme and in the long run this investment will be a much better option for us than renting as we will be paying off our own mortgage rather than that of a landlord.”
Chris Powell, Development Director for Anthology Hale Works added: “Anthology has been privileged to be a part of the fantastic Hale Village regeneration project. Tottenham is an intriguing mix of industrial, residential, and green space with a range of improvements currently underway across the borough with Hale Village forming part of this transformation.
“It is an exciting place to be right now with quick and direct connections to Central London and the City whilst also having a local thriving hub of shops, restaurants and entertainment; our 9,500 sq ft of commercial space will add to this offering. Closer to home, at the brilliant Engine Room Community Centre you can take part in activities from art workshops and music lessons, to community choir and cooking sessions so Hale Village really has got something for everyone.
“The striking design of the tower at Hale Works will act as a landmark for Tottenham Hale and Hale Village, whilst achieving the highest design and environmental standards. Prices for the homes start from £440,000 and with Help to Buy London available on a large amount of the apartments, we expect these homes to be popular with a range of buyers especially with the cuts to stamp duty. With Help to Buy due to only be available for first time buyers from next April, if you are an existing homeowner now would be a good time to start thinking about utilising the initiative ahead of these changes.”
The regeneration of Hale Village backed by the GLA was named one of the best projects in Britain in 2016 and includes attractive new homes, retail and leisure facilities and improvements to local green spaces. The regeneration has been underway since 2007 and upon completion will provide over 1,200 new homes and circa 1,000 job opportunities to residents in and around the area.
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For more details on the Hale Works apartments with Help to Buy available or to book a one to one appointment email haleworks@anthology.london or call 020 7760 1583.