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4 Compelling Reasons to Choose a New Build Home in the Shared Ownership Market

For those considering purchasing property, Origin Housing, the First Time Buyer Readers’ Award-winning housing association, provides compelling reasons why a new build might be the ideal choice. Explore the benefits below:

1. MODERN AMENITIES AND FEATURES

New build properties offer an array of modern amenities and features designed to cater to contemporary lifestyles. Developers focus on integrating state-of-the-art technologies, energy-efficient appliances, and innovative design elements to enhance convenience and quality of life.

At Origin Housing’s flagship development, Harrow and Wealdstone Heights, residents enjoy access to a communal roof terrace with a unique vista across London’s skyline. Additionally, a new central public realm provides landscaped green spaces, play areas, and mature planting.

2. REDUCED MAINTENANCE AND REPAIRS

New build properties alleviate the potential burden of repairs and maintenance associated with older properties. Origin’s homes come with a two-year defects period and an NHBC warranty covering structural issues, providing peace of mind and allowing residents to enjoy their new homes without unexpected costs.

3. ENERGY EFFICIENCY AND SUSTAINABILITY

In an era prioritizing environmental considerations, many new build properties in London focus on energy efficiency and sustainability. These homes meet or exceed stringent building codes and green standards, resulting in reduced energy consumption and lower utility bills. Features such as double-glazed windows, advanced insulation, and energy-efficient heating and cooling systems contribute to a smaller carbon footprint.

Harrow and Wealdstone Heights, as an environmentally forward development, incorporates ecocredentials like a ground source heat pump and solar panels, ensuring lower costs for residents.

4. DEDICATED FIRST TIME BUYER SUPPORT

First-time buyers in the capital can benefit from various schemes designed specifically for new build homes. All 81 apartments at Harrow and Wealdstone Heights are available through shared ownership, a Government-backed scheme allowing buyers to purchase a share of a home while paying reduced rent on the remaining share.

The shared ownership scheme offers the advantage of a much lower deposit, often as low as 10% of the share value. For instance, a 25% share of a one-bedroom apartment at Harrow and Wealdstone Heights priced at £81,250 (full market value: £325,000) requires a deposit of just £8,125.

Before making a decision, conduct thorough research considering your budget and lifestyle needs. Whether you’re a young professional, couple, or family, a new build in London could suit your every need.

Origin is currently marketing a collection of one and two bedroom shared ownership apartments at Harrow and Wealdstone Heights, which are available to move into right away. To find out more, visit Origin Housing’s Harrow and Wealdstone Heights.

Read the full magazine at this link: Read for Free

First Time Buyer is an exciting bi-monthly glossy which takes a stylish and comprehensive look at all the options available, setting them out in an entertaining and informative way, and helping potential customers navigate their way through what is often a daunting and complex process. We dispel the myths, reinforce the facts and arm the reader with the tools necessary to make their homeownership dreams a reality.

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