Joint venture developers Places for People and Urban Splash will host a Help to Buy and Mortgage workshop at Smith’s Dock in North Shields on Saturday 27th April, helping buyers secure one of the remaining waterfront apartments on sale in the current phase.
In addition to the workshop, the two new show homes at the waterfront Smokehouses buildings, each boasting incredible views of the Tyne, will be open for visitors to take a look around.
The day-long event follows the success of February’s launch of workshops at Smith’s Dock – which has resulted in residents already moving in after taking advantage of the government’s Help to Buy scheme.
Guy Ackernley, director of residential sales for the joint venture, explains: “Help to Buy has already helped many homeowners across the country and we want to highlight the benefits of it to even more customers on 27th April as well as giving them another chance to look around.”
The joint venture developers are breathing new life into the former dockyard, creating more than 800 homes, workspaces, green spaces and public amenities. Smokehouses is the latest phase to complete, comprising 80, one, two and three bedroom properties, with prices from £125,000. Guy continued: “We’ve already completed 34 houses on the elevated Plateau area of Smith’s Dock – including the George Clarke-designed Fab Houses; these apartments are the first fixture of our scheme directly on the waterfront, bringing a prominent new addition to the local landscape. Aesthetically they’re in keeping with the local area and are a natural architectural extension of the neighbouring apartments at Brewery Bond.
Help to Buy is an initiative which sees the Government lend buyers up to 20% of the cost of a new-build home free of charge, meaning they need just 5% cash deposit and a 75% mortgage to make up the rest.
The Smokehouses apartments have been designed by architects SimpsonHaugh; the practice also developed the overall site masterplan which will bring into use much of the waterfront with new ideas for future phases soon to be unveiled.