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Even when they find a property they love, many first time buyers are struggling to get on to the property ladder yet one of the best ways is to purchase a new-build home. Many new housebuilders offer fantastic starter home deals that simply don't exist in the second-hand market.
The London Borough of Newham has awarded planning permission for the construction of the first phase of new homes, including many affordable homes, in Canning Town to go-ahead.
Oxfordshire is home to great swathes of quintessentially English countryside as well as the historic university city of Oxford, and the county offers plenty of choice for house buyers - with new-build homes available both in Oxford itself and in quieter village locations. Even for first time buyers or those on a tight budget, there are options for affordable new homes in Oxfordshire.
In the current housing market, many first time buyers and people on lower incomes are finding it difficult to secure a mortgage and get their foot on the first rung of the property ladder, even if they find a property they love.
New homes provider A2Dominion has secured planning consent for the next phase of Stanwell New Start regeneration scheme in Surrey which will feature 181 new build homes and a supported 44-bed care housing scheme.
An outline planning application for the development of 2,500 new homes in Lewisham, London, has been submitted to the local council.
Renewal is behind the proposed plans to build new houses and new flats as part of a wider mixed-use scheme.
This week's news in brief as featured on our regular fortnightly new homes newsletter...
This week's news in brief as featured on our regular fortnightly new homes newsletter...
Barratt Development's has warned first time buyers that they are going to find it even harder to buy a new home after announcing plans to move away from the construction of first time buyer housing because young people are finding it too difficult to get mortgages.
A record number of affordable homes will have been constructed in South Somerset by the end of this financial year, which is great new for first time buyers.