20th January 2021
New year, new apartment – it’s a Capital time to buy in London
It’s still a great time to buy an apartment in London with Lovell Homes experiencing a high levels of buyer interest at Trinity Walk since the start of the year. The market remains buoyant with opportunities for buyers looking for a good deal.
A trio of crucial factors for homebuyers are changing London renters into buyers says Lovell Homes. With record low interest rates for borrowers, the stamp duty holiday and the extension of the Help to Buy scheme – all available now to first time buyers and second steppers, owning a stylish new home in London is now a reality.
Although we are living in uncertain times, according to mortgage specialists Robert Stirling, what is for certain, is there has never been better time for first time buyers to enter the housing market.
A spokesperson from independent mortgage advisors Robert Stirling said: “This is still a very good time for first time buyers to look at getting a foot on the property ladder.
“Low interest rates are typically good news for borrowers as mortgage rates are lower (with lenders competing for clients) and mortgage holders are likely to pay less on their monthly mortgage repayments. Low mortgage interest rates can make the prospect of buying much more appealing.”
Furthermore, buyers can make a further saving of up to £15,000 on a property bought for £500,000, taking advantage of the Stamp Duty Holiday until the end of March 2021.
Regularly being described by customers at one of the top places to buy in Woolwich for all around value for money, Trinity Walk offers an opportunity to buy into a landmark development in an area of London that offers exceptional outdoor green space, convenient transport links and a genuine community feel.
Lovell Homes sales manager, Lea Hudson, said: “We have started the year in a very positive way and are able to tailor some excellent deals for customers, which is why sales are encouraging.
“Property hunters have been taking advantage of one of the best times to buy an apartment in London we’ve ever seen with low interest rates, stamp duty holiday and the Help to Buy scheme available to support all purchasers.”
Lea added: “We have seen the majority of first-time buyers take up the London Help to Buy scheme which allows them to secure a mortgage of only 55 per cent of the value of the property, with only a five per cent deposit.”
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.
Address: Trinity Walk, Sandy Hill Lane, Woolwich, SE18 6PA
Prices start from £355,000 for a one bedroom apartment.
For more information and booking an appointment please call 020 8854 0590