Conveyancing Solicitors in Brent back affordable housing schemes

Paradigm and Hill Partnerships recently celebrated the launch of 76 newly built affordable homes in Brent during an event attended by the Mayor of Brent and the Homes and Communities Agency (HCA).

Conveyancing Solicitors in Brent have shown great support for the scheme as it will help many more individuals to get on the property ladder. The new development is comprised of flats, maisonettes, and a shop and is situated on the site of the former derelict White Hart pub on Cobbald Road in Willesden.

Of the 76 new dwellings, 42 flats will be offered for purchase under an affordable shared-ownership scheme. Conveyancing Solicitors in Brent often recommend the scheme as an alternative to individuals that cannot afford to purchase a home on their own.

Other schemes currently offered by developers and housing associations include shared equity, key worker schemes and the government supported HomeBuy Direct and FirstBuy.

Nick Taylor, Head of Area for the HCA, said: “The HCA have worked in close partnership with both Paradigm and the London Borough of Brent to deliver this impressive 100% affordable scheme which will have a great impact on both this area of the borough and the new residents. It will act as a positive statement for this gateway to the borough, offering a landmark development through innovative design, efficient communal amenity space and high environmental credentials.”

Delays experienced by Conveyancing Solicitors in Brent

Conveyancing Solicitors in Brent, while supporting the above initiatives, have also commented on the resulting delays that can be experienced in property transactions. Some of the plans include restrictions on who can buy the property, making it slightly more difficult to obtain a mortgage.

Each plan can be intricately different and the Conveyancing process can take longer. A qualified Solicitor can assist you in understanding the complexities of each by explaining it to you in plain English and handling the legal aspects of your transaction.

If you are buying or selling a home in Brent, contact Fridaysmove on 0330 660 0286 to get a Cheap Conveyancing Quote.