AFFORDABLE HOMES
SOVEREIGN NETWORK GROUP SHORTLISTED FOR FIRST TIME BUYER READERS’ AWARD
Sovereign Network Group (SNG) is proud to be shortlisted for the highly acclaimed Affordable Housing Provider of the Year award at this years First Time Buyer Readers’Awards
As one of the UK’s leading housing associations, SNG is
passionate about giving everyone the opportunity to eventually own their home. Offering a wide range of properties through shared ownership, London Living Rent and outright sale, SNG supports first time buyers across the South of England on to the property ladder. From studios in central London to five- bedroom houses in Devon, and everything in between, SNG delivers high-quality homes in desirable places.
Arc, Wembley
First time buyer Daniel
choice of one and two bedroom apartments which ooze cosmopolitan charm and urban convenience, with prices starting from £89,375 based on a 25% share. Enjoy the best of 21st century urban living with a choice of shops at the London Designer Outlet, restaurants, and other fantastic entertainment on your doorstep. Located beside Wembley Stadium overground station, you can arrive at Marylebone in just nine minutes, or take the tube from Wembley Park and head to central London via the Jubilee or Metropolitan lines and reach Baker Street in 12 minutes. Plus, providing a much-needed boost for homebuyers, SNG is offering £500 towards legal fees, a £500 Love2shop Voucher, and £500 towards a local gym membership when they reserve at Arc**. To find out more about SNG’s homes across London and the South of England visit networkhomessales.co.uk or sovereignliving.org.uk 1 lloydsbankinggroup.com/media/press- releases/2023/halifax-2023/number-of-first-time- buyers-falls.html *Shared ownership T&Cs apply. The 5% deposit figure is based on buying a 25% share of a one bedroom apartment at £89,375 with a full market value of £357,500 **T&Cs apply
with every part of owning your home. For instance, those buying with shared ownership can expect help and advice on: 9 Finding the share of their home that’s affordable for them 9 Staircasing towards full homeownership 9 Selling their share and moving up the property ladder.
A HOUSE BUILDER WITH A DIFFERENCE
IT WAS A SMOOTH, EASY PROCESS
Every pound of profit SNG earns is reinvested into its new and existing homes and services, so that its customers, now and in the future, have a sustainable home in a thriving community. Answering the need for new affordable housing across the South of England, SNG delivered over 2,000 new affordable homes last year, of which 800 will help buyers on to the property ladder with shared ownership. SETTING THE STANDARD Paving the way for affordable housing, SNG demonstrates a market-leading approach to quality and sustainability through its trailblazing Homes and Place Standard. Created in collaboration with its customers, this standard will help deliver warmer, healthier, and cheaper-to-run homes with a greater consideration to their long-term environmental impact. CUSTOMERS AT THEIR HEART From moving in to moving on, SNG’s experienced teams are there to help you
First time buyers Daniel and Djuly-ane bought at Arc, in Wembley, and were impressed with the straightforward buying process. They explained, “It was a very smooth, easy process. It took just three to four months from our first contact with SNG to having the keys to our home in our hands. We were very organised in our approach – we read about the shared ownership process first and made sure we had everything we needed in terms of paperwork. Then it was simply a matter of completing all the different stages of the process.” HELPING BUYERS ON TO THE PROPERTY LADDER IN LONDON The average deposit for a first time buyer in the UK currently stands at a whopping £54,116, according to research by Halifax. In contrast, shared ownership apartments at Arc, Wembley, are available with deposits from just £4,469*. Ideal for first time buyers, Arc offers a
Sovereign Network Homes is a charitable organisation and a subsidiary of Sovereign Network Group
64 First Time Buyer August/September 2024
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