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New affordable homes in London
Fresh figures released by the Network Housing Group, based on a new report from the London Finance Commission, shows that funds derived from stamp duty from London property sales could have the potential to deliver a 91% increase in the amount of affordable homes built in the capital each year. In 2012, a total of 8,380 affordable homes were built across London's 33 boroughs.
As the first phase of the development almost sells out, there's one final opportunity for homebuyers to secure a brand new apartment at Hawkins Wharf, the popular development in Colchester from award-winning housebuilder Weston Homes. And thanks to the NewBuy initiative, it can be snapped up with a deposit of less than £6,000.
Barratt Developments, which builds new homes schemes all over Britain under its Barratt Homes, David Wilson Homes and Ward Homes brands, will be showcasing some of its top schemes in the South East of England at this weekend's Property Investor Show at ExCeL in London.
Estate agent Fine is hosting a special event for an exclusive development in Colchester, Essex this weekend. The Open House event is taking place at the development, called Crown Court, in Lexden Road on Saturday 9th and Sunday 10th March.
Housebuilder Mansfield Developments has created just four new homes at the site in a sought-after area of the town, with detached and semi-detached layouts priced from £355,000. Two of the four properties have in fact already been sold, leaving just Elizabeth House (£355,000) and Victoria House (£465,000) remaining for sale.
Banner Homes has opened a second show home at its Cherry Tree Park development in Billericay, Essex and reports that nearly two thirds of the properties at the site have been sold. With a variety of property types, ranging from two-bedroom starter homes to luxury five-bedroom executive houses, the development has attracted interest from a wide spectrum of homebuyers.
With London property prices sky-high, there is a growing trend of Londoners, particularly young families, moving out of the capital in order to get more property for their money.
Spicer McColl has announced that it will be hosting the launch later this month of an executive new homes development in Dedham, Essex, in behalf of the housebuilder behind the scheme, Glenmoor Developments.
The new project, called Crown Rise, will feature a collection of three highly individual detached properties constructed in one of Dedham's most desirable areas.
Residents of The Garrison, Country & Metropolitan Homes' (C&M) ongoing development of new homes in Essex, joined forces with the developer and the local community to help raise funds for charity just before Christmas at a carolling event.
Outline planning approval has been awarded for a major new £1bn neighbourhood in North East Chelmsford, which will include up to 3,600 new homes.
Situated close to the campus of the University of Essex in Colchester, Weston Homes' Hawkins Wharf is proving to be a popular choice for the town's large student population and with rental yields estimated at up to 7% per annum, the development has understandably attracted the attention of property investors.