INCENTIVES
CASE STUDY
SYDENHAM, LONDON Dylon Riverside
DMS available*; FTSB available*. Save up to £20,000** Part of the second phase of the redevelopment of the former Dylon textiles factory site, the area is being transformed into a new £100m residential development incorporating undercroft
Paul , a 41-year-old technical consultant, and Harley , a 27-year-old professional dog walker, were fed up of renting and dreamed of buying their own house further away from Newcastle city centre. The couple, who married after meeting through a love of wild camping, say they were only able to afford to buy their house thanks to the Your Home, Your Way scheme from housebuilder Bellway. Under the initiative, the couple were given a £14,000 deposit contribution from the developer, which enabled them to secure a three bedroom detached house at Bellway’s Westburn development in Callerton, around ve miles west of Newcastle. “We have only been together for four years and did not have enough of a deposit to allow us to get a mortgage rate that would be manageable for us,” said Paul. “But Harley’s family, three of whom have all bought homes from Bellway in the last 18 months, said the company was brilliant and told us to give them a call, in case they could help.” The couple arranged to go down to the sales of ce and were amazed when sales adviser Jenna said that Bellway could give them the deposit contribution, meaning they could put down a 10% deposit and get a mortgage deal with affordable monthly payments. Paul says, “Once we had done the gures, we realised we could afford to go for a three bedroom detached Carver house which ticked all our boxes. We need three bedrooms so I can have a home of ce/gaming room and we can still have a spare room for when my relatives from Wales or America come over. Secondly, we want a garage to store our camping gear and kayak in and thirdly, a big garden to give us an outdoor dining area and room to allow our three dogs, and dogs that Harley is sitting or boarding, to run about. Our new home has the lot. It’s amazing.” Paul and Harley are due to move into their £296,995 home soon. Paul says, “Once we move, we will still enjoy going away, but we will also look forward to getting home because we will be returning to our own dream home – made possible by Bellway’s fabulous offer.”
basement parking, a new children’s play space, an outdoor gymnasium and extensive landscaped gardens. Providing 254 one, two and three bedroom apartments, the rst apartments will be ready to move into in summer 2024. Dylon Riverside is a two-minute walk to Lower Sydenham station where you can reach London Bridge in 14 minutes. All residents have access to outdoor space, with a private balcony, terrace or winter garden to every apartment.
weston-homes.com/dylon-riverside/ 020 4502 2999
*Price re ects a 30% Discount Market Sale (DMS) saving, subject to eligibility criteria. **T&Cs apply
BARKING Abbey Quay
DMS available*; FTSB available*. Save up to £20,000** Abbey Quay is a residential-led mixed-use development in Barking, east London. The development will provide 1,089 mixed tenure one, two and three bedroom apartments all with their own private balcony or terrace, alongside
commercial and leisure space which is planned to include a new pavilion restaurant, local shops, cafes, gym and a community hub. The DMS scheme is available to eligible buyers who have lived or worked in the United Kingdom for over 12 months (other criteria apply).
weston-homes.com/abbey-quay/ 020 4502 3079
*Price re ects a 20% Discount Market Sale (DMS) saving, subject to eligibility criteria. **T&Cs apply
EALING Harrow and Wealdstone Heights
Shared ownership; Origin Kickstart offering incentives worth £2,500 This collection of 81 shared ownership homes with thoughtfully considered internal spaces is designed for modern living. All apartments bene t from a private balcony, and kitchens boast integrated appliances including a stainless steel electric oven, electric ceramic hob, fridge/freezer and
integrated dishwasher. The development also features a number of eco-credentials including a ground source heat pump and solar panels for communal power lighting. Just a ve-minute walk away is Harrow & Wealdstone station, from where mainline railway trains run twice an hour for London Euston and Bakerloo Line services run to Paddington and Waterloo.
originhousingsales.co.uk/harrow-wealdstone-heights/ 0300 323 0325
*Based on a 25% share of the full market value of £325,000
24 First Time Buyer February/March 2024
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