First-time buyers have a limited time to secure a luxurious apartment at the sought-after and desirable new residential neighbourhood The Venue in Hayes, by Weston Homes, with the government-backed London Help to Buy: Equity Loan scheme which closes to new applications on 31st October 2022.
The government-backed London Help to Buy: Equity Loan scheme enables first-time buyers, subject to terms and conditions, to buy their home with a deposit of 5% and a London Help to Buy: Equity Loan of up to 40% on many apartments, further adding to the ease for first-time buyers to get onto the property ladder with Weston Homes. The sales team at The Venue is available to support and guide first-time buyers through the process helping to take out any worry along the way. Weston Homes is dedicated to providing high quality apartments at fair prices and are delighted that first-time buyers can secure apartments at The Venue.
Weston Homes also provide their unique First-time SecureBuy (FTSB) scheme at The Venue and will still be available to buyers after the London Help to Buy: Equity Loan scheme closes to new applications on 31st October 2022.
The FTSB scheme allows first-time buyers to reserve a home off-plan for just a £500 reservation fee, with a requirement of only a 5% exchange deposit and then, six months before build completion, the buyer can apply for a mortgage. Should the value of the property increase in the time between reservation and build completion, buyers will only pay the price agreed on the day they reserved their property. A full refund of the reservation fee and exchange deposit can be arranged if the buyer’s circumstances change prior to legal completion, subject to terms and conditions.
The Venue is a £70.5 million (GDV) bespoke collection of 181 new homes, part of The Old Vinyl Factory in Hayes, London Borough of Hillingdon. The entire site is to complete in Spring 2023 with the first residents already moved in and enjoying the lifestyle on offer. Located at the heart of the new district, the three modern apartment buildings have a stylish façade, reaching seven storeys high, with 13,000 sq. ft. of retail space on the ground floor, and form the final residential phase of the site’s masterplan regeneration into a new sought-after district to live and work. The one-, two- and three-bedroom luxurious apartments all have a private balcony or terrace, access to a private podium garden and allocated parking to selected plots.
Apartments in The Venue showcase Weston Homes’ premium specification and the provision of Hyperoptic superfast broadband offers a quick, steady connection, perfect for any home working requirements. The stylish kitchen areas are designed by Oakwood Kitchens and have quartz stone worktops and upstands set alongside a wide range of integrated modern appliances, as well as an instant boiling and cold filtered water tap, separate tap with hose-spray extension, in-built soap dispenser and a stainless-steel sink with an integrated removable chopping board.
Each of the principal bedrooms is served by a luxurious en suite and mirrored fitted wardrobes. The en suites feature premium quality white suites with stylish walk-in Fascino Smart showers or bathtubs. Completing the spa-like feel are additional appliances such as a LED-lit smart mirror with a de-mist feature, heated towel rails and integrated vanity storage.
The Venue forms part of the 18-acre complex known as The Old Vinyl Factory, formerly owned by music company EMI which produced records for music superstars under His Majesty’s Voice (HMV) record label. Vinyls were produced for musicians including Frank Sinatra, The Rolling Stones, David Bowie, Queen, Pink Floyd and the entire album portfolio for The Beatles.
Across the site, the Art Deco buildings have been reimagined to provide new homes alongside commercial office buildings, innovation and educational hubs, and a wide range of restaurants, shops, GP practice, gym, Vue cinema and a live music venue.
Throughout the development the site’s rich 100-year history is celebrated, with buildings named after the former record factory buildings. There is a tree-lined pedestrian boulevard ‘The Groove’ which runs through the development linking to Hayes and Harlington train station and the town centre, perfect for accessing local transport links and amenities. Heathrow Airport can be reached in 10 minutes by train and London Paddington in 20 minutes, with the M4 and M25 also within easy access by car.
Suzanne Aplin, Group Sales & Marketing Director at Weston Homes says: “The government-backed London Help to Buy: Equity Loan scheme and our FTSB scheme give first-time buyers a chance to buy one of our fantastic apartments at The Venue, however, the London Help to Buy: Equity Loan scheme closes to new applications on 31st October 2022. Buying a property is a dream for many first-time buyers and we are delighted, with these schemes, to be able to help them to achieve that.”
Homes at The Venue are priced from £349,995 available through the London Help to Buy: Equity Loan scheme with a 5% deposit and a London Help to Buy: Equity Loan of up to 40%. The marketing suite and show home are open 7 days a week from 10am to 5pm.
