London first-time buyers get new boost
The first rung on the property ladder could be one step closer for Londoners as leading housing provider Circle is offering over 70 new apartments via the national Rent to Buy scheme.
The state of the art homes are situated at ‘Pomarii’ in Bell Green,Lower Sydenham. The flats are part of a stunning £16 million development which has completely transformed the site of Bell Green Gas Works inside just two years.
The 60 two bed and 11 one bed apartments are supplied with sustainable energy (which will mean cheaper bills for buyers); residents parking and some even include walk-in wardrobes and Sky+ set-up and ready-to-go.
Pomarii is located near to excellent schools, central-London transport links and even the M25, which means that it’s ideally suited to professional couples and young families. And the apartments are affordable - using theUK’s Rent to Buy scheme and monthly payments start from as little as £640 for a one bed flat.
The Rent to Buy scheme offers properties for a reduced rent, approximately 20% lower than a similar home in the open market. The reduced rate offers the opportunity to save money for a mortgage deposit whilst renting.¹
Luke Chandler, Circle’s Development Manager, says:
“We’re committed to the creation of new homes which are affordable without compromising on quality or aesthetics. And the distinctive design of the buildings has been a real talking point.”²
¹ At Pomarii, within a five year renting period, customers will have the opportunity to make an offer to buy their property on a Shared Ownership basis. Circle will work with customers to assess the share that they’re able to afford when they apply for a property. For more information on Rent to Buy visit www.firststepslondon.org. Here, interested parties can register with First steps and subsequently gain Rent to Buy approval too.
² The development currently comprises two, innovative apartment complexes: The architecture of the first, four storey, building is composed of striking, modern angles and the second is formed of ergonomic curves. Images are available from the Circle press office.
For further information please contact the Circle press office on 0845 234 0824 or email firstname.lastname@example.org.
If you are interested in a property at Pomarii – or would like to find out more about the properties that Circle offer across the UK, please contact Circle on email@example.com or call 0845 304 1002. www.circleliving.org.uk
Circle is one of theUK’s largest providers of affordable housing. With a dedicated team of more than 2,200 staff, Circle manages more than 65,000 homes, including supported and sheltered housing, for around 200,000 people across theUK.
Its mission is to enhance the Life Chances of its residents by providing great homes and reliable services, and building sustainable communities.
The Circle group includes 12 partners. Nine registered providers (RPs): South Anglia Housing, Wherry Housing Association, Old Ford Housing Association, Circle 33 Housing Trust, Merton Priory Homes, Mole Valley Housing Association, Mercian Housing Association, Roddons Housing Association and Russet Homes; two support & care partners: Circle Support and Invicta Telecare, as well as Circle Living for sales and marketing and management of shared ownership, market rent and private sale properties, and property repairs.
For more information about Circle and its partners, please visit www.circle.org.uk
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