With the cost-of-living and energy continuing to rise, getting onto the property ladder is becoming increasingly challenging for many hopeful purchasers as they contend with soaring costs.
However, for first-time buyers looking to take their first step onto the property ladder, alternative home ownership schemes offer an opportunity to purchase a newbuild property that could provide greater savings in the way of energy efficiency. It is estimated that newbuild homes offer up to 52% lower running costs over a year compared to a similar-sized older property.*
In Warwickshire, L&Q is launching a new collection of one-, two-, three- and four-bedroom newbuild Shared Ownership homes at Beauchamp Park, on 19th November. A major residential neighbourhood at Gallows Hill, the development will ultimately deliver 450 new homes as well as a country park, with an array of new amenities nearby, including a community centre and a primary school.
L&Q’s homes at Beauchamp Park benefit from low maintenance requirements and a NHBC Guarantee meaning residents will save a significant amount on their energy bills through insulation, build quality, heating systems and appliances.
Claire Brenlund, Sales and Marketing Director at L&Q comments: “We are aware of the increasing financial burdens that first-time buyers are facing as they navigate inflated property prices and the cost-of-living crisis, which is why we are especially pleased to be offering a new collection of energy efficient newbuild homes at Beauchamp Park that are available through Shared Ownership.
The development itself is located within attractive landscaped grounds, which will offer open public spaces, wildlife areas, public walk and cycleways as well as children’s play areas, and residents benefit from easy access to nearby Warwick and buzzing Royal Leamington Spa.”
All homes at Beauchamp Park have been designed to offer luxurious living in a thriving new community. The use of sympathetic materials and colours reflect the surrounding natural landscapes of Warwickshire, and each home comes with L&Q’s New Build Homes: Quality Standard promise, which promises full-integrated appliances at no additional cost. Stylish, contemporary kitchens are complete with an oven, fridge-freezer, dishwasher and washing machine, allowing buyers to move straight in. Meanwhile, bathrooms feature chrome fittings and heated towel rails, and en-suites feature rainfall showerheads. Most homes come complete with at least two parking spaces and many have the functionality to position electric car charging points.**
Nestled in the heart of the beautiful English countryside, Beauchamp Park is just a seven-minute drive away from Warwick, famous for its spectacular castle and medieval architecture. A town that perfectly combines ancient history with modern life, Warwick is home to leisure centres, bars, restaurants, and independent shops as well as museums and festivals. Catering for families moving to the area, several nurseries, schools, and higher education institutions, including Warwick Preparatory School, Warwick School, and the University of Warwick, are all just a short distance away.
Beauchamp Park is perfectly positioned for residents to make the most of excellent travel links across Warwickshire and the rest of the country. Warwick Station is less than a mile away from the development, enabling residents to reach Birmingham within half an hour, and Central London in an hour and a half. Offering quick access to international travel, Birmingham airport is accessible in twenty-four minutes by car. For cyclists, there are plenty of dedicated routes surrounding the development.
