Being priced out of London? This is how you CAN afford to live within the M25

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Being priced out of London? This is how you CAN afford to live within the M25



For many of us buying a home can feel like an impossible dream.
As house prices have soared, salaries haven’t kept the same pace. Saving while trying to balance a social life and fork out for rent has either forced people back to live with their parents or stomach crummy living spaces, or simply forfeiting the saving for another day.
So, living in London seems even more of a pipe dream. Being a city homeowner has long been synonymous with either the super-rich or the super-lucky. Why is it we never feel like either? But it really could be possible with Fairview New Homes.
You could find a home in London (yes, really!) that doesn’t mean balancing a mortgage and a miserable commute that is going to cost you a fortune. You could find an affordable home in a new development that suits your lifestyle and – better yet – your bank balance.
Buying a new home can help you save money in the long run, without hidden problems surprising you down the line. Fairview New Homes will not only guide you through the house buying process each step of the way, but also give you peace of mind with a 10-year NHBC warranty. You don’t even have to worry about a chain.

Stay in the city and get the best of both worlds with a home like Regency Heights -–can you beat that view with that price? (Picture: Fairview New Homes)AltitudeHampden Road, Hornsey, London N8 0HG
With homes costing from £429,000, these one, two and three-bedroom apartments are available just a 15 minute train ride from King’s Cross Station. Situated in Zone 3, the new apartments are just a two minute walk from the station, so you don’t have to worry about an almighty trek to transport links and living in the middle of nowhere. Not only are there views of Alexandra Palace, but you could also find yourself with a boujee balcony. Perfect to grow that home jungle you’ve been dreaming about.
HydroYeoman Street, Surrey Quays, London SE8 5DT
You don’t have to put up with a grubby doer-upper for your first home – instead you could snap up one of the beautiful apartments at Hydro in Surrey Quays, where there’s even granite worktops in the kitchen. Based in Surrey Quays, Zone 2, you can choose from either one, two or three-bed apartments here – all starting from £420,000.
LexiconGayton Road, Harrow-on-the-Hill, Harrow, London HA1 2HH
With homes starting at just £376,000 in Lexicon, Fairview New Homes is offering a collection of new apartments ranging in size, from one-bedroom up to three-bedroom apartments, depending on your needs. Offering the best of both worlds, the development is just a short walk from Harrow Village or five minutes to Metropolitan line station Harrow-on-the-Hill. Lexicon’s new homes offer stylish living with added energy-efficient appliances.

Delightful view from Maritime (Picture: Fairview New Homes)MaritimeGreenwich High Road, Hope Wharf, Greenwich, London SE10 8JL
Priced from £420,000, these one, two and three-bedroom apartments are situated in one of the most desirable spots in London. Greenwich is known for its proximity to the River Thames, and some of Maritime’s homes have their own balcony and river views – now, that is the dream. Some of the plots have first time buyer stamp duty paid for as well as the legal fees included. It’s also a stone’s throw away from one of London’s most iconic music venues.
VenueWilliam Booth Road, Anerley, London SE20 8BX
This new development is situated in the Anerley area of Bromley in South London near Crystal Palace Park, and is quickly becoming a top destination, so Londoners can have the urban feel while not being too far away from their friends. This area if filled with outdoor space, restaurants and cafes to catch up in, and boasts one, two and three-bedroom apartments to entertain in too. Homes here start at just £339,500.
The Broadway112-132 Cricklewood Lane, Cricklewood, London NW2 2DP
Situated in the north west of London, The Broadway has one to two-bedroom apartments that can suit the needs of your household from £410,000. Each of the apartments offer either a private balcony or your own terrace, meaning that if you want to stay in London, it doesn’t have to mean giving up outdoor space. Cricklewood is just a few minutes from the famous Brent Cross Shopping Centre, as well as the iconic Hampstead Village, and is also only a few minutes walk from the railway station; cutting down time on your commute by living in the city. Interested? Check out the new show apartment that has just opened.
Regency HeightsLakeside Drive, Park Royal, London NW10 7HQ
Incredible views of the city and landscapes don’t have to just be for the rich and famous, as you’ll be able to snap up a home with jaw-dropping cityscapes from £382,000 with Fairview New Homes at Regency Heights. Built across three tall buildings in this new and growing area of London, professionals can expect one, two and three-bedroom apartments offering spectacular views of parkland and nearby lakes with the city in the background. This is a rare opportunity to get there before anyone else.
Seen a home for you? Fairview New Homes Sales Suites are open daily from 10am – 5pm, with longer hours at some developments. View your future home here.

What is London Help to Buy?

Buying in Greater London has become more affordable – even for first-time buyers. With London Help to Buy, you could get up to 40% of the price of a new home funded by the government in the form of a 25-year equity loan. You could get a Fairview home in London with just a 5% deposit.

In London, the Help to Buy equity loan scheme has increased up to 40% for buyers.
This is available on new builds in the capital for homes up to £600,000.
There is no age limit.
UK residents can apply – and isn’t just for first-time buyers.
You must have a mortgage of at least 55%.
First five years are interest free – after this, you pay 1.75% annual interest, in addition to RPI plus 1%.
You repay the loan after 25 years or when you sell the home.

The five step guide to buying a Fairview Home

1. Research
Discuss what you want in a home with the Fairview’s sales team, or talk about finance with a qualified expert at one of Fairview’s Help to Buy events.
2. Reservation
Let a Fairview’s sales negotiator help you reserve your home with their trusted network of independent financial advisers and solicitors. Complete your form and pay your reservation fee (typically £1,000 to £2,000).
3. Exchange
This is when you pay your deposit. This step can often seem the most nerve-wracking, but Fairview’s experts will be with you to help. They’ll guide you through the process as efficiently as possible, and you’ll exchange contracts within 21 days of reservation.
4. Completion
Fairview have a team of advisers on hand to provide guidance ahead of the big day when you get the keys. Congratulations, you are now a homeowner!
5. Relax
Fairview has a dedicated After Care team, who will check you are happy with your new home and remind you of the ten-year NHBC warranty. All you have to do now is relax and enjoy your new home!

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