Excellent Affordable New Homes Opportunities In Edgware With Family Mosaic

First-time buyers who are struggling to afford a new-build home in London are invited to view the show apartment at Family Mosaic's Sterling Green development in Edgware, where there are still nine one- and two-bedroom apartments for sale under a shared ownership arrangement.

The one-bedroom properties have a full market price of £172,500, while the two-bedroom homes are priced £245,000 to £249,999. Eligible first-time buyers, who must have a combined household income of less than £60,000, can get on the property ladder with as little as a 35% share of the property price. A subsidised rent (charged at 2.75%) and service charge is payable on the balance. Each one-bedroom home includes allocated parking, while the two-bedroom properties have secure underground parking. All properties benefit from a terrace or balcony.

The show apartment really demonstrates what can be done with the new homes - the neutral colour palette, highlighted with occasional colourful accents, is brought to life by the natural light coming in to the property. There's a good-sized bathroom, plenty of storage and a stylish kitchen with a range of appliances that opens out into a comfortable living area.

"First-time buyers are surrounded by headlines in the media about high deposits and poor mortgage availability, but there are rarely stories about how they can actually make that first step onto the property ladder," says Lauren Nicholson, Head of Marketing Development at Family Mosaic. "Shared ownership is the most viable option for those seeking their first home who are fed up with paying increasingly extortionate rents. Apartments at Sterling Green offer an alternative to renting privately and give first-time buyers the opportunity to own their own stunning new apartment in a fantastic development in a desirable, green location."

Located on the border of the boroughs of Harrow and Barnet, Sterling Green is just a short walk or bus ride from Stanmore and Edgware tube stations, which both offer a swift ride into the centre of London, with a direct connection to Waterloo, King's Cross St Pancras and London Bridge as well as the City and West End. The local road network, including the M1 and A5, means it's easy to get around the area and beyond by public transport or car. There's a great choice of shopping in the locality, and a little further afield at Brent Cross. Parks and the Hertfordshire countryside are just a short walk from the front door.

The homes enjoy a quiet location in a neighbourhood that is enjoying a thorough rejuvenation. Minutes from the development is the new London Academy, a state-of-the-art secondary school with great facilities and a growing reputation for its results.

Buyers can purchase a property at the development from as little as £60,375 for a 35% share, and are able to buy further shares as and when they can afford to at a later date.

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