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.
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|
|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.
The Factory boasts a great location in the London Borough of Hackney. The residential complex stands on the bank of the River Lea between two grandiose green spaces: Victoria Park and Queen Elizabeth Olympic Park. They are excellent places to take a calm walk among trees or spend time actively riding a bicycle or jogging. The fantastic transport interchange includes the Bow Road subway station, Pudding Mill Lane DLR station, Hackney Wick and Stratford International railway stations as well as several bus stops. The Factory location offers a wide range of different food stores and supermarkets. Also, here you can find an abundance of excellent restaurants, cosy cafes and atmospheric pubs. Visit Barkney Wick, Forman's Restaurant or CRATE Brewery & Pizzeria to have a nice dinner with family or friends. The residential complex is surrounded by numerous educational establishments for children of all ages. Apart from that, there are many hospitals, private clinics and pharmacies. In their free time, the residents can visit London Centre for Book Arts, enjoy a play at the Yard Theatre or spend time with family on Victoria Park Kid's Main Playground.
The Factory is a contemporary residential complex consisting of 4 buildings. The height ranges from 2 to 7 floors. The buildings are of great contemporary design. Attention is drawn to asymmetrical roofs that resemble wave crests or shark teeth. Also, the eye is attracted by the contrast of colours of the finish: white and dark grey bricks. The residential complex comes with a variety of dark-framed floor-to-ceiling windows as well as balconies and terraces with latticed railings.
Residents have a landscaped garden at their disposal where they can relax, as well as a playground for children. There is bicycle storage on site. The buildings are equipped with modern lifts to all floors, as well as a security system consisting of a video entry system, smoke detectors, and mechanical extract ventilation.
The Factory is a fantastic collection of 1-, 2-, 3-bedroom apartments and townhouses with great interiors and functional plannings. There are 147 residential units with balconies or terraces. The Nobilia kitchens are equipped with Siemens appliances. The stylish bathrooms come with white sanitaryware, thermostatic showers and half-height tiling to all walls. There are glazed sliding wardrobes in the bedrooms.
The Factory is a new development of Taylor Wimpey, one of the largest house building companies in the United Kingdom. The head office is situated in High Wycombe, and 23 regional offices are located throughout the country. The company delivers almost 15,000 new homes a year. It strives to create livable communities that provide everything you need for a comfortable stay. Also, the developer takes care of the urban landscape, trying to add more greenery. On Korter, you can find a list of the latest projects, including Aspext, Postmark and Oakleigh Grove in London. Visit the official website to get more information.