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 | 170 |
🟧 Parking | Off-street parking available |
🟧 Amenities | Landscaped gardens |
🟧 Number of buildings | 5 |
🟧 Off-plan property | No |
🟧 Property Type | Apartments |
🟧 Concierge | No |
🟧 Gym | No |
🟧 Swimming Pool | No |
🟧 Bicycle Storage | No |
🟧 Lift | Lifts to all floors |
🟧 Outside space | Private balconies |
Lying within the London Borough of Tower Hamlets, Lock No. 19 is placed in Hackney Wick, a vibrant neighbourhood known for its lively art scene. Creating a unique atmosphere, the district bustles with quirky cafés, warehouse pop-up galleries, creative eateries, and craft breweries.
Perched on a bank, where Hackney Cut meets the River Lea and Hertford Union canal, Lock No. 19 enjoys stunning water sceneries, coupled with the charming greenery of Queen Elizabeth Olympic Park and Victoria Park. The former is home to a wide variety of sports facilities, including London Stadium, where you can watch West Ham United FC play against other Premier League teams. Meanwhile, Victoria Park offers 86,18 hectares of lush greenery, dotted with decorative gardens and charming lakes.
The nearby Hackney Wick Station provides Overground services that help you reach Liverpool Street, Clapham Junction, and Wembley Central, among many other popular destinations. In addition, the nearby East Cross Route offers access to London’s major roads.
Divided into 8 blocks, the riverside mid-rise development is sliced in half by Navigators Walk that leads right to the Lee Navigation, where residents can enjoy stunning views of the river and Queen Elizabeth Olympic Park. The new complex features traditional brickwork and a collection of large floor-to-ceiling windows. The architecture pays tribute to the industrial past of the area while also displaying some contemporary flair. The huge balconies are adorned with simple straight-line metal railings, complementing the exterior.
Apart from Queen Elizabeth Olympic Park and Victoria Park nearby, residents of Lock No. 19 benefit from a beautiful collection of communal green spaces. Homeowners are welcomed to relax and unwind amidst lovely wildflower gardens or enjoy some peace during a riverside promenade. For children, the new complex includes a charming play garden, where they can have fun under the watchful eye of their parents. To ensure maximum security, Lock No. 19 is equipped with a video door entry control system.
Lock No. 19 comprises a wonderful collection of one-, two-, and three-bedroom apartments with some of them overlooking the Queen Elizabeth Olympic Park. Each home boasts some private outdoor space such as a balcony, a terrace, or a garden. The modern-style kitchens are fitted with a stainless steel 1.5 bowl sink and an array of state-of-the-art appliances, including an oven, a fridge/freezer, and a dishwasher. Meanwhile, the bathrooms feature modern white sanitaryware and ceramic tiling.
Lock No. 19 is brought to you by L&Q, a London-based property development company established in 1962. Focused on creating well-designed homes throughout London and the South East, the company uses its vast experience to ensure the best quality possible. With a proven track record in residential and mixed-use development, L&Q’s immense portfolio includes projects such as Barking Riverside, Greenwich Square, and the Chain.
For more details on L&Q and Lock No. 19, please visit the official website of the developer.