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Help To Buy Scheme To Launch At Prestigious North London Development On 25 July

18th Jul 2013

The Government's new ‘Help to Buy' initiative is to be offered by St Edward at their Stanmore Place development in North West London. The scheme will offer those looking to purchase their dream home at Stanmore Place the chance to secure their chosen apartment with a deposit of just 5%.

The introduction of the initiative means that both first time buyers and current home owners do not need to save the large deposits now often required by lenders and can secure their home at Stanmore Place with as little as £11,750.

Help to Buy guarantees 20% of the price as an equity loan which is repayable on the future sale of the property. 

Stanmore Place is an award-winning development, recognised for its impressive grounds that feature tree-lined avenues, cycle paths and a stunning lake that is home to more than a thousand fresh water fish. The newest phase at Stanmore Place, Attlee Court, comprises of 55 high quality one, two or three bedrooms apartments with many offering views of the impressively designed water feature. Once complete, Stanmore Place will comprise of 798 desirable new homes.

Paul Vallone, Chairman of St Edward said: “We are pleased to offer the Help to Buy scheme at Stanmore Place. The initiative will give that extra bit of help to those who are trying to finance a deposit to purchase their dream home at the development. 

“Stanmore Place offers a wide range of prestigious apartments in a growing community that benefit from the development’s beautiful grounds, picturesque lake and thoughtful added extras such as 24 hour concierge and on site gym. 

“We hope that by introducing Help to Buy at Stanmore Place, many more buyers will be able to realise their dream of own home ownership at the development.”

Homes at Attlee Court, the current phase at Stanmore Place, have been designed with a contemporary feel, providing comfortable and spacious living environments to be enjoyed by first time buyers, families, professionals and downsizers. 

Apartments feature light-filled and modern bedroom suites and stylish bathrooms featuring exquisite fittings by Villeroy and Boch. Whilst kitchens are individually designed, using a combination of high gloss laminate and matt timber effect cabinets – in-keeping with the contemporary design and feel across the apartments. Kitchens are also thoughtfully designed to be energy efficient and are fitted with state of the art Bosch appliances.

Apartments at Stanmore Place have been designed to be modern as well as sustainable, serving their owners for generations to come and ensuring the development is in harmony with its natural environment. Additional energy saving and sustainable measures include wall insulation and low energy lighting, whilst in future phases of the development, the roof atop some apartments will be fitted with solar photovoltaic panels, contributing to electricity supply. 

In addition, a number of apartments come with a private balcony or terrace, enabling residents to enjoy the spectacular view of the grounds, which along with the lake, also feature large areas of green open space and a communal area. Families at the development can also take advantage of a purpose built children’s play area, also on site.

Resident facilities at Stanmore Place include a 24 hour concierge service, residents’ gym and Zipcar car-share club. Residents at Stanmore Place are also able to benefit from a number of nearby schools, parks, restaurants and bars, as well as shopping facilities ranging from small boutiques to high street shopping.

Stanmore Place’s location in North West London provides an easy and fast commute into central London from Canons Park tube station taking just 27 minutes into Baker Street and 30 minutes into Bond Street, as well as a direct commute to Canary Wharf in 50 minutes.

Prices at Attlee Court start from £235,000. For more information please visit www.stanmoreplace.co.uk or call 020 8952 2853. The sales and marketing suite is located at Monarch Court, Howard Road, Honeypot Lane and is open daily from 10am to 6pm.

Join us for the Help to Buy Event which will take place at the Stanmore Place Sales and Marketing Suite, with a sparkling wine and canapé reception on Thursday 25 July from 5pm – 8pm.

An independent financial advisor will be doing a talk with Q&A from 6pm and will also be on hand to offer further guidance.

Visit us to find out more about Help to Buy and opportunities to own your new home at Stanmore Place with as little as a 5% deposit.

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