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How to buy in London for less: Our guide to the best deals and developments

food, how to, how to buy in london for less: our guide to the best deals and developments

Every week we help find the affordable way into London’s hot property market (Picture: Getty Images)

It’s no secret that buying your first property is a huge challenge.

From saving up a deposit while simultaneously paying for rent and soaring bills, to finding a pad in your price range that isn’t a ten-mile walk from the tube, unless you’re very lucky it can be a long and fraught process.

However, there is some support out there, and every week we’ll be helping pinpoint the best opportunities in our famously expensive capital for first-time buyers.

So whether you’re looking for a two-bed in Tottenham or a studio in Streatham, be sure to bookmark our selection of the best deals in town.

And before taking the plunge, be sure to read our range of helpful first-time buyer guides below.

Up this week, we have a range of swish shared ownership apartments on sale in up-and-coming north-east London.

Motion, Lea Bridge E10, from £117,500 for a 25% share of £470,000

food, how to, how to buy in london for less: our guide to the best deals and developments

Motion is nearly sold out, but there are still some cut-price homes left (Picture: hill.visualbank.co.uk)

Lea Bridge is one of north-east London’s best-kept secrets. Part of Waltham Forest, a pioneering borough with an ongoing regeneration programme, this up-and-coming neighbourhood is close to the green spaces and waterways in Lee Valley Regional Park.

Getting from A to B is easy, either by train – Lea Bridge station is one stop from Stratford – or under your own steam, as the innovative mini-Holland network prioritises cyclists and pedestrians.

At the heart of the Lea Bridge and Leyton regeneration site you’ll find Motion, a scheme of 300 shared ownership apartments arranged around a landscaped courtyard and all providing direct access to a terrace or balcony with, in some cases, far-reaching views over the city.

food, how to, how to buy in london for less: our guide to the best deals and developments

All the flats have a terrace or balcony – check out that view (Picture: Simon J Harvey)

Each has an open-plan kitchen/living/dining area with built-in Bosch and Zanussi appliances, mirrored wardrobes in the master bedroom and a utility cupboard containing a washer/dryer.

There’s a concierge service, underground parking and secure bike storage – rather handy, as the development is on Cycleway 23, which runs through to Dalston.

Motion has been such a success that it has almost sold out, but some two and three-bedroom flats remain, with the cheapest requiring a minimum 5% deposit of just £5,875.

Or why not take a look at one of these?

Whetstone Green, Whetstone, N20, from £400,000

food, how to, how to buy in london for less: our guide to the best deals and developments

Whetstone Green offers a selection of flats for a five per cent deposit (Picture: Supplied)

One stop down the Northern Line from High Barnet, this leafy and lively suburb has long been a favourite with families due to its schools, open spaces and commutability.

Over the past few years a number of new schemes have targeted the first-time buyer market, and the newest kid on the block is Whetstone Green Apartments, consisting of 20 one, two and three-bedroom flats a five-minute walk from Whetstone High Road’s shops, restaurants, cafés and bars.

food, how to, how to buy in london for less: our guide to the best deals and developments

The flats are highly energy efficient, with utility bills estimated to be 16 per cent cheaper than other new builds (Picture: Supplied)

The development’s green credentials could hardly be better as it’s on a brownfield site – where a church hall previously stood – and is net zero carbon with an EPC rating of A. Utility bills are estimated to be 16 per cent cheaper than other new builds: instead of a traditional boiler, each smart-ready home is fossil fuel-free and fitted with a new generation instant hot water system that utilises clean energy from the building’s solar PV panels, super-efficient infrared ceiling heating and mechanical ventilation with heat recovery in every room.

Prices start at £400,000 and putting down a five per cent deposit and taking out a Help to Buy equity loan for 40% of the cost will cut the mortgage required to £220,000.

L&Q at Clarendon, Haringey N8, from £105,625 for a 25% share of £422,500

food, how to, how to buy in london for less: our guide to the best deals and developments

You can buy here with a deposit of just over £10,000 (Picture: James Robinson)

An average house price of nearly £666,000 means that Haringey is now the fifth most costly outer London borough to buy in.

Its transport connections, open spaces, shopping, café culture and friendly buzz have ensured its enduring popularity, and now first-time buyers can get in on the act, too, and secure a shared ownership apartment at L&Q at Clarendon, with a deposit from just £10,563.

food, how to, how to buy in london for less: our guide to the best deals and developments

The apartments are spacious and open-plan (Picture: L&Q)

These one, two and three-bedroom apartments are part of the wider Clarendon development, a new residential community within the Haringey Heartlands Regeneration scheme, which will include more than 1,700 homes, leisure facilities and a central boulevard designed to improve connectivity with neighbouring Hornsey, Wood Green and Alexandra Park.

Each apartment features a spacious open-plan living area, a contemporary kitchen with integrated appliances, tons of natural light and a private balcony or garden, and residents will be able to make use of a communal roof terrace and other landscaped green spaces.

All homes have secure bike storage and selected plots come with car parking – not that you’ll need it as Wood Green, Turnpike Lane, Alexandra Palace and Hornsey stations are all within walking distance, as are Alexandra Park, Alexandra Palace and Muswell Hill, where you’ll find delis, boutiques and cafés.

The Moorings, Brentford TW8, from £95,250 for a 25% share of £385,000

food, how to, how to buy in london for less: our guide to the best deals and developments

This spot is so tranquil (Picture: Andrew Sparkes)

An affordable flat in a tranquil waterside setting might sound too good to be true, but that’s exactly what you can look forward to at The Moorings.

Situated on the River Brent at Brentford Lock, you’ll be able to enjoy walks and cycle rides along the towpath leading to the Thames Lock on Grand Union Canal; explore the green spaces of Syon Park and Gunnersbury Park and sample the fare at local independent restaurants and cafés.

The neighbourhood is in Zone 4 and commuters can either take the train from Brentford station to Waterloo – a journey time of around half an hour – or jump on the Piccadilly line Tube at Boston Manor.

Homes are a mix of one, two and three-bedroom apartments, all with open-plan layouts, floor to ceiling windows, handleless kitchen cupboards, carpeted bedrooms and private balconies.

A play area at ground level means that younger residents don’t have to stray far to burn off some energy, and there are fabulous views across the river and lock from the communal rooftop gardens.

The Waterline, Alperton HA0 from £86,750 for 25% of £347,00

food, how to, how to buy in london for less: our guide to the best deals and developments

Alperton is only a mile from Wembley Stadium (Picture: PR)

Emerging areas are great places to find good value new-builds, and that’s certainly the case with Alperton.

A mile from Wembley Stadium, it sits on the Grand Union Canal – which is set to be cleaned up – and is very well-connected with its own Zone 4 Piccadilly line station and the Central line in walking distance.

The Waterline is perfectly positioned to take advantage of everything the neighbourhood has to offer, being on the bank of the canal and seconds from the station.

Entered through a striking glass-fronted waterside atrium, it will rise to 24 storeys and include a Lidl and café on the ground floor, and a communal terrace on the 13th.

food, how to, how to buy in london for less: our guide to the best deals and developments

The development looks so sleek (Picture: PR)

Its one, two and three-bedroom apartments are in a range of different layouts, and each has a private balcony for relaxing and enjoying the views and a flexible,

open plan living space with floor-to-ceiling windows.

All you’ll need to buy is furniture, as they incorporate grey gloss kitchens with Zanussi integrated appliances and under-pelmet lighting, fitted wardrobes in the master bedrooms, hotel-style bathrooms and useful utility cupboards equipped with washer/dryers.

First completions take place this autumn and one, and one, two and three-bedroom show homes are available to view now

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