Good news for housing market
George Osborne’s announcement that the Treasury is committing £6billion to extend Help to Buy to 2020 is being welcomed by developers at Kings Hill, which has planning consent for a further 635 much needed homes.
Help to Buy has been one of the drivers in the excellent sales record at Kings Hill though the main attraction is its high quality environment, range of homes for sale, amenities and on-site estate management. It has been named by the Daily Telegraph as one of the best places to bring up a family.
Since Help to Buy was introduced just over two years ago over £11million has been loaned in the borough of Tonbridge and Malling, one of the highest levels in the county – and a significant proportion of that has been for homes at Kings Hill.
“News that the scheme is being continued is very encouraging, especially in view of the next phase of development,” said Susan Davies on behalf of Kings Hill New Homes, a marketing forum which includes Kings Hill developer Liberty Property Trust, Kent County Council and house builders currently developing on site – Bellway Homes and Hillreed Homes.
“We are seeing a lot of interest in buying new homes at Kings Hill, indeed, the latest Crest Nicholson scheme has sold out. Our ongoing commitment to quality and providing the amenities and jobs on the doorstep that create a true community continues to attract home buyers.”
The current phase of housing development at Kings Hill is nearing completion, with available properties selling fast. Currently available at Kings Hill are:
Bellway’s ‘Signature’ collection of three, four and five bedroom homes with prices currently ranging from £377,995 - £548,995 and Hillreed’s ‘The Poppies’, where four bedroom detached houses are from £464,950 to £492,950.
Building is about to start on a small development of upmarket apartments and plans on the design and infrastructure on the next phase of housing are being finalised, with construction scheduled to start later this year.
Planning permission has just been granted for a further 635 much needed homes, a new primary school which opens in September – the third at Kings Hill - an extension to the community centre, additional allotments, trim trails and sports pitches for Kings Hill Sports Park. Land will be provided for the development of a place of worship. High speed trains to London are now operating from nearby Snodland.
Kings Hill is a contemporary garden village where masterplanning developer Liberty Property Trust and Kent County Council are creating a vibrant community where people can have a live/work/play lifestyle.
Kings Hill has almost 2,750 new homes together with shops and cafes – including Waitrose and Costa Coffee, schools and extensive community, leisure and sports amenities. There are also over 200 businesses in the business park providing some 5,000 jobs on the doorstep.