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Affordable stylish homes in Harrow

24th February 2010 Print
The Square Lounge

Genesishomes is offering first time buyers the chance to have their very own stylish, contemporary apartment in Harrow, through the Government backed First Time Buyer Initiative. This means potential purchasers can buy a one bedroom apartment from just £61,000 for a 50% share.

Apartments at The Square, in Harrow, have been designed to offer residents an open plan, city-style living experience, just minutes away from fantastic transport links.

Bedrooms come with fitted carpets while the living areas and kitchen have vinyl flooring. The bathroom comes complete with towel rail and vanity mirror. The kitchen has everything a budding chef would require – an integrated Indesit fridge/freezer, oven and built-in hob as well as fitted cream or walnut kitchen units. Genesishomes has also included a fitted washer/dryer.

Harrow and Wealdstone station is just a five minute walk away and is serviced by over-ground and London Underground lines. Over-ground trains run to London Euston and Watford Junction in around 15 minutes, while the Bakerloo line offers regular services to Paddington, Baker Street and Oxford Circus.

Sharon Cummings from Genesishomes comments “The Square gives purchasers the best of both worlds, only minutes away from Central London but a quiet, suburban area to come home to. You can purchase a 50% share from only £61,000 for a modern, well designed apartment with a high specification, first time buyers really can have luxury living at affordable prices.”

The First Time Buyers’ Initiative is a shared equity scheme which enables first-time buyers to buy a share of their new home in affordable and manageable stages based on income level and lifestyle.

The scheme enables purchasers to buy a minimum share of 50% of their new home with the remaining share funded by a government loan. For the first three years, this loan is interest free and thereafter a fee of 1% per annum will be added. This fee will increase each year, reaching a maximum of 3%, after five years in the property.

To be eligible, this must be the buyer’s first property purchase or their only home, they must be unable to buy on the open market and have a total household income of less than £60,000.

Prices start from £61,000 for a 50% share of a one bedroom apartment, based on a full market value of £122,000. For more information visit

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The Square Lounge