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New Homes Cornwall News and Blog

Government plans to encourage first time buyers

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Wednesday, 07 December 2011 14:11

Cameron and Clegg announced in November that they are planning to introduce 95% mortgages for first time buyers as an incentive to boost the housing market as well as making home ownership a possibility for many who had previously been priced out of the market.

These new 95% mortgages would be taxpayer-backed and available for first time buyers purchasing new-build properties. This would help to tackle the housing shortages, encourage new builds and create jobs.

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Percy Williams gives the Developer Perspective on the Current Housing Market

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Thursday, 02 June 2011 14:55
As our last blog post describes, the situation for first time buyers is looking rather bleak, with the majority fearing that they will never achieve their ambition of becoming a homeowner. At Percy Willliams we are keen to help where we can, but the market is not favourable for developers either.
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To rent or to buy – do British young adults have a choice?

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Tuesday, 31 May 2011 14:40

Over the last five years the UK housing market has changed dramatically. From the abundance of a hundred percent mortgages, and high approval rates we have seen prices plummet and first time buyers struggling once more to get a foot on the property ladder. So what does a young adult in the UK do about finding a place to call their own?

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Wave Hub has First Customer

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Thursday, 21 April 2011 15:03

The innovative Wave Hub, situated just 16km off the Cornish Coast at Hayle, hopes to attract inventive developers to test out their wave energy converters at their specially designed site.


The first confirmed customer is Ocean Power Technologies (OPT), who are planning on deploying their PowerBuoy technology, to test their wave energy converter array. This array, totalling up to 5MW will be phased over several years.

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House predictions for 2011

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Friday, 26 November 2010 09:50

2010 has been a mixed year, and at this stage 2011 looks to be 'more of the same'. We have benefitted from some incentives this year, such as the stamp duty changes and low interest rates. All our Phase One homes have now been sold and are occupied, and there is just one apartment left at Edwards and a few live/work lofts.

Stop press.... Last apartment at Edwards now Reserved!

We are pleased to announce that the last of the Edwards apartments at Gweal Pawl has now been reserved. The Edwards apartments are 16 one and two bedroomed apartments located within the Redruth Urban Village at Gweal Pawl.

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Gweal Pawl Residents Association

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Tuesday, 08 June 2010 10:45

During the early stages of the construction works at the ‘Redruth Urban Village’ as it was then titled we spent time considering how best the finished development might be managed and maintained as the quite special living environment that had been designed.

With the design team we had visited other developments which were to influence the design principles, notably Poundbury in Dorset, had met the Master Planners behind the concept and also had the opportunity to chat over the thinking behind that development with Prince Charles during a reception he hosted for us at Highgrove House.

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Eco Home Finalists

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Tuesday, 08 June 2010 10:19

We were very pleased to have Fairglen chosen as finalists for Sustainability by the Royal Institute of Chartered Surveyors!

Judges comments ‘A striking, well integrated residential development, offering an unusual private sector mixture of unfetted and social need shared equity housing. It ticks a lot of boxes for sustainability’.

There is further info on page 31  of the 2010 RICS awards south west.

Recent Sales:

Fairglen

Plots 9 and 11 are now reserved leaving plot 10 subject to strong interest and a tentative offer. Phase two redesign is now advancing as planned with an update later this summer.

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Heaps of praise for Hayle Eco Homes

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Tuesday, 23 March 2010 11:23

March saw Fairglen eco homes shortlisted by the RICS the uks leading property professionals for their annual awards. This follows the Cornish Building groups award for 2009.

Mortgage shortages and inflexible lenders are still hampering sales of the 3 remaining Large Modern Town houses though we have buyers who still cannot complete their own chains.

The Carbon Trust have released their Video clip which is highly informative. Whilst it is not possible to link to our web site we can forward this to genuinely interested prospective purchasers.

 

207% Halifax price index

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Tuesday, 23 March 2010 10:54

207% price increase in 10 years? From an average house price in 1999 of £59,371 to £182,173 10 years later.

Not Westminster or Padstow but REDRUTH in Cornwall!  Fueled by a huge number of incomers into the region which has pushed prices beyond the reach of many buyers.  But if you look hard enough you can stilll find affordable homes in the region, and you don't have to compromise on location and quality.

Percy Williams have purpose built flats, available for under £125,000 (no stamp duty!) as well as several funky one bed Live/work homes, ideal if you need a work space or studio.  At present you can purchase these with no stamp duty, but only this spring and on selected properties so contact us to find out about your potential new home. 


 
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