Homeseekers Flock To Stanmore Place For Help To Buy Home

23rd April 2014

St Edward, Stanmore Place, Homeseekers Flock For Help to Buy

Homeseekers Flock To Stanmore Place For Help To Buy Home

House hunters across Harrow who are struggling to raise the large deposit needed to realise their dream of homeownership are flocking to Stanmore Place to take advantage of the low deposit scheme, Help to Buy.

With the average age of a first time buyer now in their thirties and second steppers in their forties, it is harder than ever to secure a mortgage without a large deposit. However, St Edward's Stanmore Place, has been offering buyers the opportunity to take up the low deposit Government incentive Help to Buy and purchase a home of their dreams at the development.

The scheme has already had great success, helping a number of buyers to get onto the property ladder. With a limited supply of Help to Buy apartments remaining at Stanmore Place, St Edward is now holding a dedicated event at the development offering house hunters the chance to seek advice from  Help to Buy London and an independent mortgage adviser on how they can best use this popular scheme.

Paul Vallone, Chairman of St Edward, comments: "Homeownership is a long held dream for many and we are delighted to offer buyers the chance to get their foot on the property ladder at Stanmore Place through the use of Help to Buy. A number of buyers have already taken up the scheme and purchased their dream home at Stanmore Place and this event will give buyers their last chance to purchase in the current phase."

The government-backed Help-to-Buy scheme eases the burden of finding a large deposit to secure a mortgage, allowing people to invest in a new build home with an initial 5% deposit. Using this incentive, buyers can purchase their new home and join the thriving community at Stanmore Place for as little as a £23,600 deposit.

Once complete, Stanmore Place will comprise 798 one, two and three bedroom apartments and penthouses. Earlier this year, St Edward launched Clement Court, the development's latest phase and a new addition to the thriving community at Stanmore Place. Among Stanmore Place's greatest attractions are its highly acclaimed landscaped gardens and stunning feature lake, which have won a number of awards for their design and sustainability.

The community at Stanmore Place also boasts amenities exclusively for residents, including a 24 hour concierge service, residents' gym and Zipcar car-share club. As well as featuring a purpose-built Business and Innovation Centre which provides offices and conference facilities, Stanmore Place offers direct underground links into Bond Street in less than 30 minutes from nearby Canons Park Underground Station. Jubilee Line access from this station also provides direct links to Baker Street, Westminster and Canary Wharf. Nearby access to the M1 and M25 allows for easy transit to Heathrow and Luton airports.

St Edward is hosting a dedicated Help to Buy event at Stanmore Place on Saturday 5th April from 12-4pm. The event will allow people to find out more about the development, with Help to Buy agents and an independent financial advisor on hand to offer guidance. For more information, call 020 8952 2853, or visit the Stanmore Place Sales and Marketing Suite at Monarch Court, Howard Road, Honeypot Lane, London, HA7 1BT.


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