Kickstart Your Property Journey: Origin Housing Announces New Initiative for Buyers
Origin Housing has just launched Origin Kickstart, an initiative designed to provide additional support for those looking to step onto the property ladder this September.
According to new research by Rightmove, a typical mortgage repayment on a property in the capital with two bedrooms or fewer now stands at £2,340, a 18% jump from the last year.*
With additional financial burdens weighing especially heavily first-time buyers, Origin’s initiative presents an opportunity for hopeful purchasers to receive incentives worth £2,500.** The offer can be redeemed to cover legal fees, rent and broker fees, reducing the costs required for buying a first home through Shared Ownership.
Simon Scott-Malone, Assistant Director Commercial & Property Marketing comments, “It’s no secret that first-time buyers in particular have been adversely affected by the inflated interest rates and property prices that the market has been experiencing over the past year.
“In London especially, many buyers looking to set down more permanent roots with a home of their own are finding that they are priced out of the boroughs in which they already live. At Origin, we’ve recognised this need and met the demand for support with an exclusive incentive that will run for the duration of September. For those seeking properties in North London, we are currently marketing a collection of one- and two-bedroom Shared Ownership apartments at our flagship development, Harrow and Wealdstone Heights, where this offer can be utilised and aims to provide first-time buyers with the help they need.”
Offering an affordable route onto the property ladder to Northwest London, Harrow and Wealdstone Heights is a collection of 81 Shared Ownership homes set within two contemporary towers in the heart of Harrow.
The homes maintain Origin’s exceptional standard of finish, with thoughtfully considered internal spaces designed for modern living. Open-plan kitchen, living, dining rooms are fitted with stylish cabinets by Howdens and grey glass effect work surfaces. Enabling buyers to move straight in without worrying about additional costs, each apartment comes with integrated appliances, including a stainless-steel electric oven, electric ceramic hob, fridge/freezer and integrated dishwasher. Throughout every home, worn ash wood-effect vinyl flooring by Amtico is fitted in the kitchen, living, dining room as well as in hallways and cupboards. A sought-after feature for anyone in the capital, all apartments benefit from a private balcony.
Helping to further reduce costs for Harrow and Wealdstone Heights residents, the development features a number of eco-credentials including a ground source heat pump and solar panels for communal power lighting.
An ideal choice for commuters and those seeking swift connections into the centre of London, the development is enviably located close to an array of excellent transport links. Just a five-minute walk away is Harrow and Wealdstone station, from where mainline railway trains run twice an hour for London Euston and Bakerloo line services run to Paddington and Waterloo. Narby Kenton station provides direct links into the West End and Oxford Circus, meaning Marylebone is accessible in just 17 minutes. By car, the M1, M25, M40 and North Circular routes can be reached in around 30 minutes. New residents can also take advantage of an exclusive car club offer, in partnership with Enterprise Cars.
In the local area, the vibrant local high street is just around the corner from Harrow and Wealdstone Heights, with its wide range of shops, international eateries, independent boutiques and cafes. Catering for families, nearby Ofsted Outstanding schools include Marlborough Primary school and Vaughan Primary School, as well as the renowned secondary school, Harrow School. Providing all-important green spaces, the development is located close to several parks, including Canons Park, Harrow Recreation Ground and Pinner Memorial Park – all of which have been awarded a prestigious Green Flag Award which recognises well-maintained outdoor areas.
Prices for available homes at Harrow and Wealdstone Heights start from £81,250 for a 25% share of a one-bedroom apartment (Full market value £325,000).