Family Mosaic has Islington covered

Family Mosaic is offering first time buyers the rare opportunity to secure a brand new apartment in one of the most desirable postcodes in London at an affordable price. Islington is one of the most famous boroughs in London, synonymous with style and sophistication but not with affordable housing -- until now. Family Mosaic is launching a range of developments in the area, following the success of its Reflections development at City Road Basin adjacent to the Regents Canal.

Lauren Nicholson of Family Mosaic comments: “We all know that location is one of the most important factors when searching for a property, and we believe that there is no reason why buyers of affordable housing should have to compromise on this issue.

“Islington is one of the most desirable places in London and for first time buyers to have the chance to purchase a good quality home in a fantastic location at an affordable price really is too good an opportunity to turn down.”

Next year Family Mosaic will be enhancing its choice of Islington properties with an array of new developments. In Spring 2012, a collection of shared ownership apartments will be launched at Goswell Road, a stone’s throw from Angel tube station. Each of the 4 one bedroom, 6 two bedroom and 1 three bedroom apartments will have their own balcony.

Around the same time, an elegant development in Fairbridge Road will offer 3 one bedroom, 24 two bedroom and 2 three bedroom apartments located close to Archway tube station. The properties will feature chic glass-enclosed balconies, and some will boast spacious wraparound terraces.

At Highbury Park, a collection of 1, 2 and 3 bedroom shared-ownership apartments, each with a balcony or terrace, will form part of what promises to be one of Islington’s finest residential schemes. Close to Arsenal tube station and built around the handsome Victorian Loxford House, the 143-home development will include a nursery and community facilities set within mature landscaped grounds. The high-specification development will also include a car club scheme and lift access, and is expected to be completed in late 2012.

Also in the pipeline is a selection of 1, 2 and 3 bedroom homes at Highbury Quadrant, beautifully situated in a leafy enclave next to the lovely Clissold Park. This exceptional location will provide the perfect balance between work and play, being within a mile of the tube at Arsenal and Finsbury Park, and rail links at Finsbury Park and Drayton Park.

All the developments in Islington will feature the high-quality finish and specification that are hallmarks of Family Mosaic properties. Typically, these include fitted kitchens complete with appliances; white bathroom suites complemented by an over-bath shower and glass screen; and hard floor coverings in the living areas and carpets in the bedrooms.

Family Mosaic’s shared ownership scheme makes desirable properties an affordable reality for first-time buyers. Purchasers buy the share of their home that they can afford, and pay a subsidised rent on the remaining share of the property. From as little as 35%, they can increase their share by 10% at any time, all the way to up 100%.

To be eligible for the scheme, you will need to be either living or working in the London Borough of Islington, have an income of less than £60,000 a year, and be purchasing an apartment as your first and only home. Priority will be given to housing association tenants and key workers.

For further information on Family Mosaic properties, visit familymosaicsales.co.uk.