Shared Ownership in Luton
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There’s a new confidence brewing in Luton. And it’s about time this southern town was shown a bit of love – having been badly bombed during WWII and rebuilt to varying success, it’s never been known for its aesthetics. But times they are changing, and exciting redevelopment plans begs a rethink. For starters, there’s a buzz about Luton Town FC and its proposals for a new stadium. Then there’s a sweep of revamped estates and a multi-million-pound collection of new homes in the pipeline that’ll be a tempting proposition for wannabe homeowners. You can’t knock its connectivity to London either. There are regular trains into the capital, from St Pancras to Blackfriars, and many links to surrounding towns and the north. You’re right beside the M1 and very close to the M25, and if you haven’t heard of Luton Airport, where the hell have you been hiding?
There’s the Dunstable Downs, on the eastern edge of the Chilterns, with its wildflower-specked meadows, rambling hills and dreamy countryside views. It’s not short on urban cool either, with a growing crop of independent shops and bars and a promising number of foodie hotspots on the horizon. Luton may be most famous for its airport but give it another 10 years and it’ll be a destination in its own right.
The property market is booming in Luton right now. Getting your foot on the ladder doesn’t have to mean saving for a huge deposit or feeling under the pressure of a colossal mortgage. Go easy on the pocket and take advantage of the government-backed shared ownership scheme - you could find yourself a new stylish home that’s also a superb investment. Swing by the new development of Lintone Place, a central collection of two-bed apartments, and you’ll see exactly why Luton’s residential market is hitting its stride. Inside, homes are bright, fresh and modern with a design that’s self-assured, from open-plan living spaces with large windows, to slick kitchens.
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You’ll be surrounded by Luton’s flourishing town centre, too. Also pricking up the ears of wannabe homeowners is Hobby Court – a new development just a third of a mile from Luton rail station. Apartments are effortlessly cool and contemporary, with generous living spaces, fitted wardrobes and upmarket kitchens. Elsewhere, a relative newcomer to the scene is Milliners Place, in the heart of the action. Close to Leagreave and Luton rail stations, its one- and two-bedroom apartments are super-smart and functional, and a chic-but-affordable option for first-time buyers.