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 Foundry is situated in the town of Hemel Hempstead in Hertfordshire. This is a great location surrounded by different parks. Also, the residential complex stands on the banks of the River Gade, offering stunning views of the water, greenery, and cityscape. The local transport interchange is represented by several bus stops located near the house. The location includes many hospitals, private clinics and pharmacies within walking distance. For children, you can choose one of the excellent nearby schools or nurseries.
The area offers excellent shopping opportunities, as the Riverside Shopping Center and Marlowes Shopping Center are located next to The Foundry. Here you can buy clothes, accessories, appliances and more. For fresh produce, head to Asda Hemel Hempstead Supermarket or Iceland Foods. If you are looking for a good place for a delicious breakfast, dinner or get-together with loved ones, feel free to visit local establishments such as Creams Cafe, Marlowes Cafe & Restaurant and Bombay Spice Lounge. In your spare time, you can watch a show at the Old Town Hall, check out a new movie at the Cineworld Cinema, or take a stroll at Gadebridge Park.
The Foundry is a 7-storey residential complex built in a contemporary style. It is distinguished by an unusual exterior finish, as the external walls are made in three different versions. So, the building is covered with light beige, rich red and brown bricks. At the same time, all colours look harmoniously together. The Foundry comes with a flat roof, floor-to-ceiling windows and balconies with latticed railings.
Residents can always ask for help from the property manager, who works five days a week. They have access to the parcel management system. There is a business suite on the territory of the residential complex while residents can also visit the shared outdoor space to relax and socialise, which includes a dining area and tabletennis table. There are charging points for electric vehicles and allocated parking available on-site.
The Foundry offers 1- and 2-bedroom apartments, most of which come with balconies. The kitchens feature quartz worktops and integrated appliances. The bathrooms come with mirrors, showers, bathtubs and high-quality sanitaryware.
Established in 1946 as a small family business, Bellway has become one of the most successful and famous property development companies. Now the developer is employing more than 3,000 specialists. Bellway boasts a diverse portfolio of projects, including different types of houses and complexes. It ranges from nice one-bedroom apartments to luxury penthouses. On Korter, you can find all the Bellway’s projects, for example, Copperhouse Green in Kent, Amen Corner in Berkshire, Apsley Quay in Hertfordshire, Lexington Gardens in London, and others. More detailed information is available on the official website.