Recent research has revealed that more and more businesses are now requiring staff to work full-time in an office, marking a notable departure from pandemic-era hybrid working patterns.
With 43% of employees now reporting to work five days a week in an office, homes with excellent transport links to major business districts are once again growing in popularity, key for cutting commutes and enhancing overall work-life balance.
Helping first time buyers step onto the property ladder in one of the UK’s thriving employment hubs, a number of new shared ownership developments are currently available across, or near to, London, Birmingham, Manchester and Bristol. Shared ownership is an alternative housing scheme enabling first time buyers to purchase a share in a property (usually between 10%-75%) and pay subsidised rent on the remaining portion. Buyers will only pay a deposit on the share they are purchasing, meaning that deposits are usually far lower than when buying on the open market.
Leading first time buyer property portal, Share to Buy, have rounded up five of the most impressive new shared ownership homes within easy reach of key business districts.
A hidden gem for London’s home-buyers, Higgs Yard is ideally located in Loughborough Junction, between the buzz of Brixton and the leafy open spaces of Herne Hill. Loughborough Junction station is just a two-minute walk away from homes at Higgs Yard and offers regular Thameslink services towards Blackfriars and St Pancras in just nine minutes and eighteen minutes respectively. Providing further routes into the city, Brixton Underground station is just a five-minute cycle away and offers regular connections to Vauxhall (four minutes) or Victoria (seven minutes). Brought to the market by Peabody New Homes, Higgs Yard comprises of 38 one and two bedroom shared ownership homes, each featuring a private balcony and high-specification interiors.
Pricing for homes at Higgs Yard begins from £112,500 for a 25% share of a one bedroom apartment (full market value: £450,000).
Meeting the need for affordable housing in Birmingham, one of the West Midlands’ major cities, Home Reach are offering a collection of two bedroom shared pwnership homes at Belgrave Village. Belgrave Village is ideally located just moments away from Birmingham’s thriving commercial centre and also offers speedy commutes to Coventry and Leicester from Moor Street station and New Street station, both approximately 1.5 miles away. Homes benefit from spacious, open-plan living and generously sized bedrooms.
Pricing for homes at Belgrave Village begins from £79,500 for a 30% share of a two bedroom apartment (full market value: £265,000).
For those looking to step onto the property in the north of the country, Legal & General Affordable Homes are offering a collection of two and three bedroom shared ownership homes at Rogerson Gardens in Whittingham, Lancashire. Ideal for those searching for speedy commutes, homes at Rogerson Gardens benefit from nearby Preston train station, offering excellent rail connections across the country including regular services to Manchester in just thirty-one minutes. Modern and energy-efficient, the homes at Rogerson Gardens are spacious and full of natural light.
Pricing for homes at Rogerson Gardens currently begin from £89,800 for a 40% share of a three bedroom house (full market value: £224,500).
Brought to the market by Guinness Homes, McArthur’s Yard is a new development in Bristol offering one and two bedroom shared ownership apartments. Bristol’s hub of IT, Communications, Technology and Creative workplaces are within easy reach of homes at McArthur’s Yard via extensive bus routes and the cross-harbour ferries. Bristol Temple Meads train station is also within a ten-minute cycle, providing easy access to major UK cities including Bath, Swindon, Cardiff and London, making this development an ideal location for those needing to commute further afield.
Delivering affordable housing in North West London, Persona Homes are offering a collection of one and two bedroom shared ownership apartments between Kilburn and Queens Park. Benefiting from a prime Zone 2 location, the homes are close to a number of excellent transport links across the country. Via a five-minute walk to Queens Park station, residents can reach Paddington within five minutes, Oxford Circus in twelve minutes and London Waterloo in twenty-two minutes. The development is part of a major regeneration scheme taking place in the area and homes feature modern interiors and access to resident-only roof gardens.
Pricing for homes at Carlton Place begins from £119,250 for a 25% share of a one bedroom apartment (full market value: £477,000).
Visit www.sharetobuy.com to discover more.
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.
