First-time London home buyers invited to attend week-long "Help to Buy" event

Bellway London is inviting first-time buyers to a week-long event to demonstrate the benefits of purchasing a new home using the government-backed “Help to Buy” scheme.

The developer has already supported 500 first-time buyers on their home buying journey, and is creating thousands of brand new homes across Greater London and in Dartford, and is running its event until April 24 at 12 different locations including Sydenham and Beckton.

It is anticipated that there will be a flurry of interest from customers, as the Help to Buy scheme prepares to come to an end in Spring 2023, meaning buyers need to act, with latest figures from Rightmove stating the number of days for a property to sell in London has dropped to just 57, from 71 just 12 months prior.

Help to Buy, which was introduced in 2013, has so far helped 346,656 people buy a home. This has seen £96.4bn worth of properties purchased, with the value of the equity loans totalling more than £21.4bn.

Now, with first-time buyers ready to make the leap into homeownership, Bellway London is inviting would-be homebuyers to its developments across the region for a dedicated First Time Buyer Week event from April 18.

Emma Hamlett, Sales Director for Bellway London, said: “The Help to Buy scheme is a fantastic initiative which has been instrumental in allowing a huge number of first-time buyers to step onto the property ladder.

“The scheme is due to finish next year, but there is still time to use it at our developments across London and the South East. These five-star quality homes represent a brilliant opportunity for first-time buyers to purchase a new home with just a five per cent deposit and a 55 per cent mortgage.

“During our First Time Buyer Week from 18 April, visitors to our developments have an opportunity to explore what life would be like in a new Bellway London home, as well as finding out first-hand how to qualify for a new homes mortgage, and take advantage of exclusive incentives to support them in their first step onto the property ladder, such as new furniture or saving on the cost of food.

“We are all looking forward to welcoming visitors to our developments in April and helping them on their journey towards homeownership with Bellway London.”

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