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 31st 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.
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.