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 | Low-rise |
🟧 Quality Classification | High-end |
🟧 Number of floors | 3–6 |
🟧 Number of units | 9 |
🟧 Parking | Car club space |
🟧 Number of buildings | 6 |
🟧 Off-plan property | Yes |
🟧 Property Type | Apartments |
🟧 Concierge | No |
🟧 Gym | No |
🟧 Kid’s Facilities | No |
🟧 Swimming Pool | No |
🟧 Warranty | 10 Year Warranty |
🟧 Bicycle Storage | Yes |
🟧 Lift | Yes |
🟧 Energy Efficiency | Electric vehicle charging, PV panels |
🟧 Heating & Cooling | MVHR unit |
🟧 Windows | Large framed windows |
🟧 Outside space | Private balconies or terraces |
Malling Close is located in the town of Croydon in a quiet residential area, very close to South Norwood Country Park. Also, there are some other green spaces, such as Ashburton Park, Brickfields Meadow and Woodside Green. The local transport interchange includes bus stops as well as Arena and Woodside tram stops. The nearest railway stations are Elmers End and Norwood Junction. Near the residential complex, you can find various educational institutions, hospitals and pharmacies. Supermarkets include Tesco Express, Co-operative Food, Spring Stores and others. For lunch or dinner, visit Hot Spot Grill, The Gold Coast Bar & Restaurant or Yum Yum Restaurant. Malling Close residents can visit the Bethlem Museum of the Mind, Shoestring Theater or Vue Cinema in their spare time. Those who enjoy outdoor activities can head to American Golf or the Beckenham RFC.
The new development consists of six buildings with a height ranging from 3 to 6 floors. The residential complex is created in a contemporary style. It comes with low gable and flat roofs, floor-to-ceiling windows and balconies with latticed railings. The exterior walls are finished with small red, beige and brown bricks.
The residential complex provides car parking with electric vehicle charging points and bicycle storage. The buildings are equipped with modern lifts and a security system. The outdoor territory is decorated with bushes and trees. PV panels are also installed.
Malling Close offers 1- and 2-bedroom apartments, each of which comes with a private balcony or terrace. The kitchens come with matt grey and gloss white cabinets and Bosch appliances. The bathrooms feature high-quality sanitaryware. The bedrooms are carpeted to give a comfortable feel to the living space.
Malling Close is a project of Brick by Brick, a property developer, building new homes in Croydon and striving to meet all residential needs. The company's multifaceted portfolio consists of small plots with several houses, affordable apartments and luxury mansions. Brick by Brick has its own Common Ground Architecture team. On Korter, you can find all of the developer's current projects, including Marston Way, Oxford Road and Heathfield Gardens. More information is available on the official website.