Looking for your first home? Head to Smith’s Dock in North Shields on Saturday 9th June, as joint venture developers Places for People and Urban Splash host a special event for buyers looking to get on the property ladder. Some of the properties available include Smokehouses apartments from just £125,000, as well as the George Clarke-designed Fab Houses, starting at £225,000.
The developers – who are transforming the North Shields site into a vibrant new community, featuring more than 800 homes, workspaces, public realm spaces and amenities – will be joined on the day by local agents Sanderson Young; together, they will guide customers on their purchasing options.
The event will also offer advice on buying a home through Help to Buy – a Government-backed initiative perfect for first time buyers, thanks to its broad criteria and its availability on the Fab House properties. Guy Ackernley, of Urban Splash, explains: ‘we are delighted to be hosting this event and to offer guidance to first time buyers in and around North Shields as they seek to get on the ladder.
‘Amongst other things, we’ll be helping people understand more about Help to Buy on the Fab Houses; this fantastic initiative has helped people all over the country get onto the property ladder and we are thrilled that we can offer it on selected homes at Smith’s Dock.’
The Help to Buy scheme takes the form of an equity loan from the Government, which lends buyers up to 20 percent of the cost – meaning each buyer will only need a 5 percent cash deposit and a 75 percent mortgage to make up the rest. Buyers won’t be charged loan fees on the 20 percent loan for the first five years, either. It is currently available on Smith’s Dock properties – including the final remaining Town House, the last of 24 three-storey properties overlooking the River Tyne, and the Fab Houses. These 10, two-storey homes have been designed by TV architect and North East native George Clarke, who created them with first time buyers, young professionals and families in mind.
The Fab Houses are modular in their form, meaning that they’re created offsite in the Urban Splash House factory in the East Midlands, before being transported to North Shields and assembled on site. Bright and spacious, the living areas are maximised with pared-back living spaces, making for exposed timber staircases and ceilings – giving each house height. A skylight above each home’s staircase floods the properties with natural light throughout. ‘There’s nothing quite like these homes on the market at the moment,’ says Guy. ‘I’m just so pleased that we’ve been able to pioneer this kind of aesthetic and layout in North Shields. They’re perfect for anyone with a design conscience, looking for something superbly designed and well-located within a brilliant up-and-coming community.’
In addition to the houses, the 80 Smokehouses apartments come with a price tag that’s particularly friendly to first-time buyers; they are being constructed on the banks of the Tyne, at the front of the Smith’s Dock site – giving customers amazing views of the river – and will complete in 2019. A first release of the homes was launched just last month and more properties will be available to buy soon. ‘We’ve got so much momentum on this site,’ Guy continues. ‘With the first homes all but sold, we can turn our attentions to the new opportunities that Smokehouses and Fab Houses bring – two differing housing typologies, which will bring a rich mix of people onto this scheme.’
To register your interest or secure details ahead of the launch, please contact Rose Miller at Sanderson Young: 0191 580 7999
Or email firstname.lastname@example.org.