Help to Buy Meridian Water
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If you love being in the heart of the action, there’s a new and exciting development taking shape in North London… and it’s going to be a real head-turner. Meridian Water is the new kid on the block in Enfield, rearing up between the Lee Valley Regional Park and Tottenham. Over the next 20 years, a whopping £6 billion is being poured into the site – creating 10,000 homes, thousands of jobs and enviable public spaces and community facilities. You just watch – Meridian Water will be a new buzzing neighbourhood. A place with everything on your doorstep: hipster cafes, outstanding schools, leisure facilities, health resources and design-conscious workspaces for makers, creators and artists. In the thick of summer, locals will perch in its outstanding parks and swing by its public spaces or take bracing walks during winter besides snaking canals. Already in place is the soon-to-open Meridian Water train station with speedy connections to Stratford and Liverpool Street. There’s also a possibility it might become a stop on the Crossrail 2 north-to-south line. This, together with new roads, bridges, bus links and cycle paths mean Meridian Water will have exceptional connections in and around London. Take our word for it. If you’re looking to find the perfect work/life balance, Meridian Water is just the answer.
North London Living
If you’re a Londoner but concerned you’ll be priced off the property ladder, then listen up. The government’s Help to Buy scheme is a savvy way to becoming a homeowner without crippling yourself financially. The scheme stumps up 40% equity loans to buyers, as long as they can cover 55% of the value of the new home with a mortgage and a 5% deposit. Sounds promising doesn’t it? And the thing about Meridian Water is that a huge portion of its planned 10,000 new houses are ideal great value homes for first time buyers, making this exciting new corner of the capital an excellent place to invest and one in which you’ll reap the rewards in years to come.
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The first 725 homes are expected to be ready for 2022 at Willoughby Lane as part of the first phase of development, with around half of that available through schemes such as help to buy. And whilst masterplans and CGIs are not yet available, you can expect the new homes to punch well about their weight in terms of style, size and functionality. A second housing site has also been identified – that on Leeside Road with around 250 affordable homes that will be finished off to a very high design standard with a sweep of workspaces on the lower floors.
So what are you waiting for? Get in touch with Property Booking today to guide you through the process of buying your first home and you’ll be onto a winner.