St George offers a helping hand at Beaufort park



St George, London's award winning developer, is pleased to announce the launch of the MyChoice HomeBuy scheme at Beaufort Park, adjacent to the Metropolitan Police Training Centre, London NW9. The initiative, run in association with Catalyst Housing Group, is making further new homes available to qualifying first-time buyers and key workers.

MyChoice HomeBuy enables aspiring key workers, including police officers, who cannot otherwise afford to buy a home outright, to purchase a new home through an affordable mortgage with assistance. The scheme provides purchasers with up to 50% of the value of the property as an equity loan, with the remainder funded through a conventional mortgage. This means that purchasers only have to raise as little as £87,475 towards their mortgage and deposit with a low monthly interest charge of just 1.75% payable on the equity loan.

Beaufort Park is transforming the area into a thriving new community and already incorporates a Young's bar and restaurant, Tesco Express, Bright Horizons nursery, resident's gym, business centre, 24 hour estate-management, ATM and managed car parking and is only a few minutes' walk from Colindale Underground station with direct rail connections to the heart of London and beyond.

St George commented: "We are delighted to be able to launch this exciting new initiative which allows first-time buyers and key workers in London the opportunity to buy a contemporary and stylish property and enjoy all of the benefits that come with a St George home. It is no secret that first time buyers face an uphill struggle these days to get on to the property ladder, and initiatives like this make the situation much easier for them. In addition to owning their first property, residents will also be able benefit from all of the on site facilities, including 24 hour concierge, award winning landscaped gardens and a fully equipped residents' health and fitness centre!"

David Ellis, Group Director, Catalyst Housing Group said, "We are extremely proud of our partnership with St George. MyChoice HomeBuy offers the opportunity for key workers and first time buyers to take that vital first step on to the property ladder and buy their own high-quality, brand new home at Beaufort Park."

For further information on the scheme contact the Beaufort Park marketing suite on 020 8511 8600 or www.beaufortpark.co.uk/homebuy

Return to Property menu