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For first-time buyers, Affinity Sutton is right on the button

Following the news this week that Londoners will need an annual salary of £106k by 2020 to buy a home in London, the First Time Buyer Home Show this Saturday 15th April could not be more timely.

Gaining a foot on the property ladder in the capital and the South East is becoming increasingly difficult, but the exhibition held at Fairfield Hall in Croydon will serve as a fantastic opportunity to meet and greet housing associations, developers, mortgage advisors and solicitors to find out how to buy your first home in this expensive corner of the UK.

If you’ve already got your free ticket sorted make sure you say hello to our client, Affinity Sutton, on the day. The sales team will be on hand to tell you how buying through shared ownership could really help you afford a home in London or the South East. But if you can’t quite make it tomorrow, than we’ve put together the ‘fantastic four’, developments by Affinity Sutton, which all only require a deposit of under £10k if buying through shared ownership.

Ready for occupation this summer, Nine Elms Point by Affinity Sutton, near Battersea and the Thames, will comprise 52 one, two and three-bedroom apartments. Guide prices are expected to start from £113,750 for a 25% share of a one-bedroom apartment (full market value £455,000). Apartments can be purchased with just a 5% deposit – that’s under £6,000.

Spectrum SE12 offers nine, two-bedroom apartments, featuring quality-fitted kitchens and private patios/balconies designed to suit a modern lifestyle. Prices for the Lewisham homes start from £90,500 for a 25% share (full purchase price £362,500). Buyers will need a 5% deposit of just £4,525 and have a minimum salary of £47,000 if purchasing alone or £51,000 if purchasing jointly.

The Meridian, Lewisham, comprises three, three-bedroom terraced houses featuring quality-fitted kitchens and a private front and rear gardens. Prices for the houses start from £133,750 for a 25% share (full purchase price £535,000). Buyers will need a 5% deposit of just £6,688. They must also have a minimum salary of £68,000 if purchasing alone or £72,000 if purchasing jointly.

The sprawling, eco-friendly Graylingwell Park in Chichester, built in conjunction with Linden Homes and the HCA, offers a selection of refurbished one-bedroom apartments with prices starting from £42,500 for a 25% share (full purchase price from £170,000). Buyers will pay approximately £258 per month in subsidised rent and only need a 5% deposit to buy one of these homes (£2,125).

For more information on any of these homes, contact Affinity Sutton on 0300 100 0303. To get a last-minute ticket to the First Time Buyer Home Show click here.

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