15th January 2020
David buys dream apartment at Trinity Walk… and his mortgage repayments are half his previous rent!
David, moved into his two-bedroom apartment at Lovell Homes’ Trinity Walk development towards the end of last year. His new home had the whole package he was looking for – price, space, lifestyle, storage and good transport links.
David said: “Buying at Trinity Walk made so much financial sense. My mortgage is now half the rent I was paying when I lived in Croydon and that was for affordable housing rent!
His spacious apartment boasts two balconies, two bathrooms and plenty of storage.
David added: “A big part of the decision-making process was the amount of storage available in the apartment. So many new builds don’t have enough. I love a tidy place, so to be able to have all my things tucked away out of sight was very important. I joke that you can get a bath in my storage cupboard – but it’s true! Friends who have come around also can’t believe how big the apartment is.”
He added: “Trinity Walk offers great value. I should know, I viewed 15 different developments in London while I was saving up for a deposit and came back to Trinity Walk, which was the first one I viewed after a friend who lives here recommended it.”
David was on a mission to buy an apartment in London after six years of paying rent. To save for a deposit he became completely dedicated to the cause and is now reaping the awards. He managed to save over £25,000 for a deposit in less than a year.
David explained: “I had been trying to save up for a deposit for years but only achieved a few thousand pounds in the bank. I needed to focus, so I decided not to go out and I didn’t touch a drop of alcohol for nine months. I didn’t go on holiday; I worked a lot and became a bit of a hermit. But it paid off and I saved enough for a deposit!”
David bought his apartment in Woolwich with the Government Help to Buy scheme which he said was vital. He said: “I couldn’t have bought this apartment without Help to Buy so it worked very well.”
David, who works in the transport industry is now exploring the area.
“I knew I wanted to live in south east London and the Royal Borough of Greenwich has a lot to offer. I love the area – lots of character, old buildings and Woolwich has got so much going for it – bars, restaurants and coffee shops.
“I can go for a run and be in green, open parks in minutes. It’s lovely down by the river too. The area offers a great lifestyle and the transport links are excellent. I’ll also be able to get to work in half the time when Crossrail opens. As I said – it ticks all the boxes!”
Lea Hudson, sales manager at Lovel Homes, said: “This is testimony to the superb value Trinity Walk offers buyers. We are delighted David has already settled into his new life in Woolwich.
“With prices for a one bed luxury apartment starting at £339,000, first-time buyers are finding they can afford to buy at Trinity Walk with the London Help to Buy scheme. A five per cent deposit is all buyers need and with interest rates being historically low, it’s a very attractive opportunity.
Trinity Walk is a collection of 445 new build one, two and three-bedroom apartments. Each new home has been built to maximise space and light as well as being finished with a high specification to ensure high levels of comfort, security and quality.