Discount Flats on Show this Weekend in Shepherd's Bush

"City suites" at Lime Grove Mews aimed at first time buyers

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Lime Grove Mews

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Young people looking to get a foot on the housing ladder can now buy apartments in Shepherd's Bush at 30% below the market rate.

Hammersmith & Fulham Council has teamed up with developer St James to offer 14 apartments at Lime Grove Mews in Stowe Road to people living or working in the borough with a combined annual household income below £64,000.

These "city suite" apartments are being launched at a showcase event at the development on Saturday 18 and Sunday 19 August, between 11am and 4pm.

Our borough has the fourth highest house prices in Britain and many residents who would like to own a place in the borough are currently priced out of the market.

This Discounted Market Sale (DMS) scheme has come to fruition because when the development was negotiated with the council, the 30% discount was stipulated to try to help people get onto the property ladder.

Apartments at Lime Grove Mews start from £220,500, compared to a borough average of above £450,000.

Paul Hopkins, Managing Director of St James commented, “This is a fantastic and rare opportunity for first time buyers in Hammersmith and Fulham who are finding it increasingly difficult to get on the first rung of the property ladder. The DMS scheme is the ideal opportunity for young professionals to secure a place they can call home, instead of renting.”

First time buyers at Lime Grove Mews will also benefit from excellent transport links and an incredible choice of every convenience on their doorstep, with Westfield only a stone’s throw away.

If you wish to attend the event, please contact St James in advance to discuss your eligibility for the scheme. For further information visit Lime Grove Mews or call 020 3002 9460.

To find out more about buying a first time buyer home in Hammersmith & Fulham call H&F Home Buy on 020 8753 6464 or register online at Hammersmith and Fulham Homebuy.

August 17, 2012