Apartments available with London Help to Buy for first-time buyers in Hayes
A new apartment development in Hayes, which is contributing to the regeneration of the area around the former EMI headquarters, is attracting first-time buyers looking to step onto the property ladder who will still be able to take advantage of London Help to Buy when the schemes change in April.
Bellway London’s Bluenote Apartments, off Blyth Road, is a new development of one, two and three-bedroom homes, which celebrates the area’s musical history through its professionally designed concierge space and show apartments.
All the homes at Bluenote Apartments fall under the £600,000 price cap for the new London Help to Buy scheme, which only first-time buyers are able to use.
Buyers can use the London Help to Buy scheme with a five per cent deposit and a 55 per cent mortgage. A 40 per cent equity loan will be provided by the Government and is interest free for the first five years.
Prices at Bluenote Apartments start from £340,000 for a one-bedroom property – which means buyers can reserve a new home with a deposit of £17,000. Two-bedroom apartments are also currently available priced from £410,000.
Greg Allsop, Sales and Marketing Director for Bellway London, said: “The apartments in Hayes have been in high demand since we launched back in July 2020 and around three-quarters of our customers here have been first-time buyers taking their first step onto the property ladder.
“With the apartments having the option of allocated parking at an additional price, plus concierge services and a balcony or terrace, the development is an attractive choice for those leaving the rental trap or moving out of their parents’ homes.
“The site is enviably located in a vibrant part of London, close to many services and just a short walk from Hayes and Harlington’s future Crossrail train station for professionals commuting into the city.
“We’re looking forward to welcoming the first residents this month (February) and helping more first-time buyers achieve their goal of homeownership at the development.”
For more information on the range of apartments available at Bluenote Apartments, visit bellway.co.uk or call the sales team at 020 8131 4763.