5% Deposit Incentive At Southall Development
Posted 10 January 2023 by
Keith OsborneProspective homeowners will be able to purchase with a 5% deposit contribution, as multiple WhatHouse? Award-winning housebuilder Redrow launches a new incentive at The West Works, its community in Southall.
Post-Help to Buy, the housebuilder is keen to help Londoners on to the property ladder, offering a variety of incentives, including providing a 5% deposit contribution, to make it more accessible for those looking to buy a home.
First-time buyers can also save in the wake of Stamp Duty threshold changes. With one- and two- bedroom apartments available from £349,995, the new homes sit comfortably within the nil-rate band for first-time buyers. In addition, new homeowners can have the peace of mind of having a home ready to move in to, with move in ready curtain and lighting packs and a furniture pack to kit out their new home.
The contemporary and spacious apartments are all beautifully finished to the high standard that Redrow is renowned for, with bright modern interiors. Residents are also able to enjoy the beautifully landscaped podium gardens and courtyards, and benefit from cycle storage.
Southall is a vibrant and diverse area with a real sense of community. Located in the London Borough of Ealing, residents will benefit from a wide choice of cafés and restaurants in the area, as well as nearby Osterley Park, which provides the perfect oasis to escape from the hustle and bustle of the city.
Jody Bryant, director ofsSales at Redrow London, said: “Southall’s popularity is booming with the arrival of the Elizabeth line, and the town is set to transform over the next couple of years as it undergoes major regeneration due to millions of pounds worth of inward investment from the Mayor’s regeneration fund, Ealing Council and TfL.
“Our homes at The West Works are excellent value, sitting 55% lower than the average price for a home in the London Borough of Ealing. With Help to Buy now no longer an option for those looking for a way to get on to the property ladder, we want to make taking that first step as smooth as possible.
“As well as offering a 5% deposit contribution, we are also offering a variety of incentives, such as contributions towards Stamp Duty, help towards solicitor’s fees and even help towards furnishing and lighting your new home.”
The new apartments are located a short walk away from Southall station, which can take residents to the West End in under 20 minutes, and Liverpool Street in 24 minutes. Prices for a one-bedroom apartment start from £349,995. Find out more at www.the-westworks.co.uk.
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