The Bank of Mum and Dad has been a driving force behind many first-time buyers finding their way onto the property ladder in the capital. 24% of buyers have looked to their parents for financial assistance since the Coronavirus pandemic took hold this year, and a third (33%) of those likely to buy in the next five years have revealed the only way this will be achievable is by using funds gifted by family and friends. Those seeking a self-sufficient way of buying a home in London, should look to leading developer Notting Hill Genesis’ new collection of two-bedroom apartments available through Shared Ownership at Able Quay Millharbour. Located within one of London’s premier districts, buyers can not only secure a new home with a low deposit, but could also save themselves a further £3,858 by taking advantage of Notting Hill Genesis’ exclusive offer to pay the first three months’ rent and service charge! *
James Munson, Head of Marketing for Notting Hill Genesis comments:
“Whilst parents can be a welcome source of financial help, independent homeownership aspirations, especially among first time buyers, should be encouraged and supported wherever possible, and at Notting Hill Genesis, we do just that. Shared Ownership creates the option to buy a home more affordably with a lower level deposit, and our offer of paying the rent and service charge for the first three months at Able Quay Millharbour provides a further saving that buyers could put toward furnishing their new home – or, at this time of year, help ease the cost of Christmas.”
Enjoying a superb setting within one of the world’s most renowned financial hubs, this contemporary selection of two-bedroom Shared Ownership apartments occupy a scenic waterside location within an emerging residential neighbourhood in Millharbour, E14. Effortlessly combining contemporary living with the very best of London on the doorstep, buyers can enjoy living in a truly unique location with an envious selection of travel connections linking to the rest of the capital and beyond. The development is only a 10-minute walk away from the impressive London Docklands at Canary Wharf, buyers have an abundance of local green spaces and amenities to enjoy.
Each Shared Ownership property at Able Quay Millharbour offers a modern and stylish specification, balanced with spacious and versatile layouts. Each apartment features floor to ceiling height windows that create light-filled interiors in every room. Available in both an open-plan layout or separate spaces, kitchens are sleek and elegant in design and come complete with a range of integrated Smeg appliances. The accompanying living and dining area, also offer a great space to relax in comfort and enjoy direct access to a private balcony. Hotel-style bathrooms are finished to a high standard and feature soft downlighting and chrome fixtures and fittings. Generous sized bedrooms come with fitted wardrobes, and an ample hallway storage cupboard provides a handy utility area.
Residents at Able Quay Millharbour are well placed to enjoy all the area has to offer. Located in zone 2, those who do need to commute benefit from superb transport connections across London. Both South Quay and Canary Wharf DLR stations are a short walk from the development, connecting residents to Bank station in only 11 minutes. Via the Jubilee line, residents can reach Westfield Shopping Centre in around 10 minutes, or get to Bond Street in the West End in just 15 minutes.
Prices for one of the two-bedroom Shared Ownership apartments start from £156,875 for a 25% share of £627,500 at Able Quay Millharbour.
To register your interest, please contact Notting Hill Genesis on 020 3815 2222, or visit the website: www.nhgsales.com to book your online viewing.
* T’s&C’s apply, contact our team for details. Offer is to pay the service charge only for the first three months from date of completion. Rent free for 3 months on remaining unpurchased share when purchasing with Shared Ownership
Notting Hill Genesis is one of the largest housing associations in the country, with around 64,000 homes across London and the south-east, serving more than 170,000 residents. It was formed in April 2018 when Notting Hill Housing amalgamated with Genesis Housing Association. It is a social enterprise committed to creating thriving communities and providing homes for lower-income households.
NHG owns and manages homes across a range of tenures including social, affordable and private rent, leasehold, care and support, temporary housing and Shared Ownership, of which we are the largest provider in the country. For more information, visit www.nhggroup.org.uk.
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