Help to Buy is a government-backed scheme that aims to help first-time buyers onto the property market with an equity loan (also known as shared equity) of up to 40% of the value of a new build home.
Requirements:
Not allowed:
There are certain price limits on homes you can purchase with an equity loan. The limit varies for each region in England.
Region | Full property price limit |
---|---|
East | £407,400 |
East Midlands | £261,900 |
London | £600,000 |
North East | £186,100 |
North West | £224,400 |
South East | £437,000 |
South West | £349,000 |
West Midlands | £255,600 |
Yorkshire and The Humber | £228,100 |
*Terms and conditions apply
We checked the information and the developer's representatives confirmed that units in this residential complex can be purchased by using a mortgage.
🟧 Tenure | Leasehold |
🟧 Height Classification | Mid-rise |
🟧 Quality Classification | High-end |
🟧 Number of floors | 6 |
🟧 Number of units | 175 |
🟧 Number of buildings | 2 |
🟧 Off-plan property | Yes |
🟧 Property Type | Apartments |
🟧 Concierge | No |
🟧 Gym | No |
🟧 Swimming Pool | No |
🟧 Lift | Lifts to all floors |
Located in the London Borough of Tower Hamlets, Aspext finds itself in the flourishing area of Hackney Wick. Thanks to the London 2012 Summer Olympics, the district has seen some significant regeneration that has brought an abundance of galleries, museums, and culinary hotspots.
The new residential complex is placed right next to the stream of the River Lea that separates it from Queen Elizabeth Olympic park, putting a perfect place for a tranquil walk right at your doorstep. Apart from lush greenery and a network of paths, the area is home to London Stadium, the athletes' Olympic Village, London Aquatics Centre, and the London Olympics Media Centre. The stadium is the home ground of West Ham United FC, which hosts plenty of fascinating matches each year. Another stunning green space within strolling distance is Victoria Park, the largest park in the borough sprawled across 86,18 hectares with its decorative gardens, historic artefacts, and sports facilities.
Aspext is well-connected to the rest of the city. Both Bow Road Underground and Hackney Wick Overground stations are a short walk away from the new complex, making it possible to arrive at Liverpool Street in just 9 minutes and reach King's Cross St Pancras in 21 minutes.
Squeezed between Wick Lane and Greenway, the mid-rise development makes a stylish addition to the neighbourhood. Inspired by the industrial heritage of the area, Aspext features a mix of corrugated slates and brickwork. The colour palette includes grey, green, and red tones that accentuate different materials. Moreover, the new residential complex stands out with rows of asymmetrical, pointy rooftops, adding some contemporary flair to the architecture. The modern-style exterior is peppered with floor-to-ceiling windows and metal-railed balconies.
Aspext benefits from an abundance of various facilities and amenities nearby. If you take a stroll down Wick Lane, there is a plethora of different shops such as Screwfix, Lofty's, and Toolstation Bow in addition to the Lighthouse Bar & Kitchen, where you can grab a bite. For more shopping and dining options, you can reach Roman Road that offers a wide array of cuisine and stores as well as a traditional street market.
Moreover, residents have easy access to world-class sports facilities. There is London Marathon Community Track that provides an all-weather, six-lane Mondo 400-metre track. Another place for joggers is Victoria Park Track that has a more laid-back vibe. Also, if you prefer sweating off some stress in a gym, there are plenty of options nearby, including GroundWork Training, GRL GYM, and Anytime Fitness Bow, to name just a few.
The new residential complex offers a total of 175 units, including one-, two-, and three-bedroom apartments as well as duplexes. Each home benefits from a balcony, where residents can enjoy beautiful views of the city and get some fresh air. In addition, the large floor-to-ceiling windows flood the living areas with an abundance of natural light, while the open-plan designs maximise the available space.
Aspext is brought to you by Taylor Wimpey, a property development company founded in 2007. One of the largest housebuilding companies in the United Kingdom, Taylor Wimpey is headquartered in High Wycombe. The developer strives to create properties that bring people together and that are comfortable to live in by ensuring that all future residents have easy access to green spaces, shops, and schools. With a vast portfolio of projects across the United Kingdom, Taylor Wimpey’s developments include the Denizen, Postmark, Osiers Square, and Croft Gardens, to name just a few.
For more details on Aspext and Taylor Wimpey, please visit the official website of the developer.