A helping Step Up onto the property ladder

First-time buyers finding it difficult to get that all-important first foot on the property ladder are being offered a helping hand with the introduction of STEP UP from Intro Homes at Emotion and Vincent Place. Emotion is a development of 24 stylish one-bed apartments in Capworth Street, a short stroll from the transport and shopping facilities nearby.

Selected plots are now being offered on a shared equity basis, making one-bedroom apartments available from just £131,250, based on purchasing a 75% share of the property. The remaining 25% can be acquired in the future as the purchaser’s circumstances allow, and remarkably, no interest is payable on the 25%.

Vincent Place, a new development in Stevenage, is a collection of one and two bedroom apartments being built on the former B&Q site in the Old Town, a sought after location within this well established Hertfordshire town. Selected plots are also offered on a shared equity basis, making one-bedroom apartments available from just £127,500, based on purchasing a 75 per cent share of the property. The remaining 25 per cent can be acquired in the future as the purchaser’s circumstances allow, with no interest payable on the 25%. This is a great way of making home buying affordable for everyone. Two bedroom apartments are available from £150,000 on the same basis.

Jon Denny, Sales and Marketing Director of Intro Homes, believes the shared equity offer will open up opportunities for many purchasers. “Properties at Emotion and Vincent Place are already competitively priced, so it’s an irresistible deal if buyers take advantage of the shared equity option.”

Jon continues: “The vast majority of new developments in East London are priced in excess of £200,000 and therefore the low starting prices at Emotion, together with the equity share plan, makes this development the most affordable way to buy into the Olympic-lead regeneration of this part of London.”

The styling at Vincent Place is quite contemporary with a high level of specification geared to provide not only attractive living, but economical living. This includes fitted kitchen with hob, oven and extractor hood as well as washer-dryer, flooring to the kitchen and bathroom and car parking space for each apartment Upgraded kitchen and flooring options are available at extra cost (subject to stage of construction).

Jon adds: “Vincent Place is a unique development in the Old Town with its many cafés and restaurants and nearby mainline station offering regular services into London.”

For further information on Emotion, visit Site-sales.co.uk.

Vincent Place is currently being marketed from the offices of Putterills estate agents in the High Street, Old Town. Dedicated selling staff are available Thursday- Monday, 10am-5pm. Further information can be obtained by visiting Vincentplace.co.uk.