This post was first published by Croydon Advertiser on 27/03/2018.
First homes at new development next to the Lombard Roundabout all sold in just eight hours
They were sold at a Help to Buy event.
More than 15 homes were sold at a new housing development next to the Lombard Roundabout in just eight hours.
The first apartments at Ikon, which is being built at the former Lombard House Site, were sold before the development is finished.
Housebuilder Bellway released selected plots at the siteoff Purley Way, at its Help to Buy Homebuyers’ Exhibition in London on March 15, in advance of the development’s official launch.
Of the 15 apartments initially released for sale at the event, 14 were reserved on the day, with additional properties released in another building to meet demand.
In total 17 properties at Ikon were sold in just eight hours.
Nicky Chapman, sales director for Bellway South London, said: “Our sales success in just a few hours clearly demonstrates the strength of the Croydon market, where we’re receiving interest from a wide range of buyers.
“We’re now looking ahead to Ikon’s official launch, which is already building anticipation among prospective purchasers. I would strongly urge anyone hoping to secure one of the new properties at Ikon to register an interest now to ensure they don’t miss out on their dream home.”
The Bellway Help to Buy Homebuyers’ Exhibition was organised to give house hunters the chance to secure a new-build home before they go on general release and receive mortgage advice from independent financial advisors.
The London Help to Buy scheme allows buyers to secure their new home with a 5 % deposit and a 55% mortgage. The remaining 40% is covered by an equity loan from the Government, which is interest free for the first five years.
Bellway is building a range of one, two, three and four-bedroom apartments at Ikon, with more information available at bellway.co.uk.