Avenue Park marketing suite closes as home sales continue to surge

This week we’ve bid a fond farewell to our Avenue Park marketing suite as the property market has continued to surge and seen the current phase of new homes in this lovely area of North Stoneham Park sell out. Over the last two years, this lovely five-bedroom Chatsworth house type, which will soon be home to a new family, has welcomed hundreds of prospective purchasers and its inviting look and feel has been a contributing factor for many who have chosen to reserve new homes at the Park.

The Sales team, which has been in residence since this, our first marketing suite, opened its doors in May 2018 has now made the move over to our marketing suite in Homewood Park, where new home sales are also very buoyant and have seen at least one house type sell out completely in recent weeks. With the news from Nationwide this week that UK house prices have risen at their fastest rate since 2016, the levels of interest in new homes that we’re seeing at the Park now are showing no signs of slowing – even as the restrictions imposed due to Covid-19 continue to affect many lives.

The Nationwide reported that the average UK house price rose by 5% in September year on year to a record high of £226,129 – with regions in the south of England showing the highest increases. It seems househunters who held off due to the pandemic are now moving and of course the stamp duty holiday that’s in place until 31^st March 2021 is playing a part too.

Finally, the Help to Buy scheme that has helped so many buyers at the Park make a more affordable move is changing in 2021 and will also be prompting them to plan a move sooner rather than later. In 2021, the revised scheme will be open to first-time buyers only and regional price caps will be in place – undoubtedly affecting many who are hoping to take advantage of reduced monthly payments on a new home.

Safety first

If you’d like to know how the Help to Buy scheme changes will affect you or if you’d simply like to come to Homewood Park and see how this beautiful development and its community buildings are continuing to take shape, please contact us. We’ll be announcing details about the next phase of construction of new homes soon so watch this space or register your interest here now.

We’re still practicing social distancing and conducting meetings and viewings with safety measures in place by appointment only so if you want to be a new home for Christmas, visit us soon. If you’d like to book to view one of our show homes or talk to one of the team, call us on 023 8001 1620, 10-5.30, every day.