Shared Ownership, L&Q at Huntley Wharf, Reading - Reading | L&Q (2024)

Shared Ownership, L&Q at Huntley Wharf, Reading - Reading | L&Q (1)

Reserve a selected home at L&Q at Huntley Wharf this March and receive £1,500 towards on-site car share services.* Register your interest for more information!

02077682131

hp.121@leads.kreate.works

Reserve a selected home at L&Q at Huntley Wharf this March and receive £1,500 towards on-site car share services.* Register your interest to find out more!

All of the Shared Ownership homes are finished to a great specification throughout with integrated appliances, contemporary new kitchens and bathrooms, and quality flooring.

Your new energy efficient home
Benefitting from low maintenance requirements and a NHBC Guarantee, buyers can save a significant amount on their energy bills through the insulation, build quality, heating systems, and appliances.

Specification Includes:
- Karndean flooring to open-plan living/kitchen/dining areas, hallways and kitchens
- Neutral fitted carpets to bedrooms
- Tiles to bathroom, cloakroom and en-suite floor
- Washer/Dryer positioned in utility cupboard
- Integrated sprinkler system
- Mains operated ceiling mounted smoke detector
- Communal heating system with radiators
- Video door entry system
- Contemporary Symphony kitchen with soft-close doors and drawers
- Fully integrated energy efficient appliances including oven, induction hob, extractor hood, fridge/freezer and dishwasher

About the development

Situated in Reading on the old site of Huntley & Palmer biscuit factory, L&Q at Huntley Wharf is a brand new development which will offer a total of 115 apartments, all of which will be available through L&Q's Shared Ownership scheme. The collection of riverside 1 and 2 bedroom homes incorporates the sites industrial heritage whilst also providing functional spaces and modern specification throughout.

Huntley Wharf offers a new destination for central Reading featuring a Riverside Square which will offer residents a range of local amenities just a short stroll away such as a café, restaurant, a local store, gym, nursery and landscaped open spaces along the river.

The ideal location for work, rest and play, L&Q at Huntley Wharf is located less than a mile away from Reading City Centre, meaning residents are within walking distance of Reading Train Station, shops, restaurants and more. Whilst providing excellent connections into London and beyond, this evolving riverside town is also home to many large tech businesses with plenty more room for business growth in Reading. For that all important down time, the River Kennet runs right through the heart of the city, meaning you can relax in one of the waterside eateries or enjoy drinks in one of the many bars and experience the buzz of the city in the evening. What's more, with two large shopping centres The Oracle and Broad Street Mall located in the city, there is so much choice to be had from must have high street stores to boutique retailers.

Unfamiliar with Shared Ownership?

With Shared Ownership you purchase a share of between 25%-75% of a home and pay subsidised monthly rent on the remaining share*. It's a great opportunity for anyone who is unable to afford to purchase a home outright on the open market but still wants to step foot onto the property ladder.

Register your interest

Register your interest to be kept up to date with the latest information.

Please note all applicants are required to register with L&Q for Shared Ownership.

*The majority of plots include parking. Photography is of a unit at L&Q at Huntley Wharf. Individual features such as windows, brick, other materials, heating and electrical layouts and internal positioning may vary. Furniture is not included within any units. For further clarification, please speak with a Sales Associate.

*Terms and conditions apply. Available on selected plots only and subject to availability. You must reserve between 1st and 30th March 2024. You will receive your £1,500 credit within 72 days of completion. You must not be already signed up to Co Wheels before taking this offer. To be able to use Co Wheels you must be able fit their eligibility criteria, for more information go towww.co-wheels.org.uk/how-it-works/who-can-join. Please speak to a member of our Sales Team for more details. For full Terms and Conditions go to lqhomes.com/terms-and-conditions/. March 2024

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1 bedroom apartment for sale

Available

£ Shared Ownership New Build

Share percentage %, full price £275,000, £6,875 Min Deposit.

Monthly Cost: £832
Rent £310, Service charge £167, Mortgage £355*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

£

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Shared Ownership, L&Q at Huntley Wharf, Reading - Reading | L&Q (38)

1 bedroom apartment for sale

Available

£ Shared Ownership New Build

Share percentage %, full price £282,500, £7,063 Min Deposit.

Monthly Cost: £849
Rent £318, Service charge £167, Mortgage £364*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

£

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Shared Ownership, L&Q at Huntley Wharf, Reading - Reading | L&Q (57)

1 bedroom apartment for sale

Available

£ Shared Ownership New Build

Share percentage %, full price £280,000, £7,000 Min Deposit.

Monthly Cost: £850
Rent £315, Service charge £174, Mortgage £361*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

£

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1 bedroom apartment for sale

Fully furnished apartments with light fittings at no additional cost.* Register your interest to find out more! Plot 113, Full market value £287,500. £71,875 for a 25% share.

Available

£ Shared Ownership New Build

Share percentage %, full price £287,500, £7,188 Min Deposit.

Monthly Cost: £868
Rent £324, Service charge £173, Mortgage £371*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

£

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Shared Ownership Resale

Shared Ownership Resales: Also known as part buy part rent on second hand homes, with this affordable home ownership scheme you purchase a share of the property and rent the remainder from the housing provider.

Shared Ownership New Build

Shared Ownership New Build: Also known as part buy part rent, with this affordable home ownership scheme you purchase a share of a brand new property and rent the remainder from the housing provider. The price shows the minimum share available, and the size of the share you purchase will depend on what you can afford.

Intermediate Rent

Affordable housing scheme: Intermediate Rent (pay a discounted rent)

Rent to Save

Affordable housing scheme: Rent to Save (pay a discounted rent).

Rent to save is designed to enable aspiring home-owners to move into the home they have chosen, even if they have not yet been able to save a sufficient mortgage deposit.As the rent will be at a lower than market rate, you will be able to save throughout the period of your tenancy.

Over 55's Shared Ownership

Affordable housing scheme: Over-55s Shared Ownership

For people aged 55 or over who are otherwise unable to afford to buy a home suitable to their needs. The scheme is similar to Shared Ownership and enables you to buy a 75% share of the home or apartment.

Your Home

Affordable housing scheme: Your Home

Turn any freehold property into part-buy-part-rent with Your Home. You simply need 10% cash deposit on the full purchase price, there’s no need for a mortgage and you can buy more or move at any time plus added benefits. To find out more contact Heylo via the property page

Discount Market Sale

Affordable housing scheme: Discount Market Sale

Discount Market Sale (DMS) is a low cost home ownership product where a new build property is purchased at a discounted price. This discount is usually around 20% and the scheme is to help low and middle earners get onto the property ladder.

Help to Buy

Affordable housing scheme: Help to Buy equity loans (100% ownership but with a 20% equity loan)

Buy a new home on an approved new build development with assistance from the Government in the form of an equity loan. The equity loan is interest free for the first five years.

Shared Equity

Affordable housing scheme: Shared equity (100% ownership with a 50% – 75 % equity loan).

Buy a new home on an approved new build development with assistance from the housing provider in the form of an equity loan. The equity loan is interest and rent free.

Discount Full Ownership

Affordable housing scheme: Discount Full Ownership (100% ownership at a discount)

London Help to Buy

Affordable Housing Scheme: London Help to Buy equity loan (100% ownership with up to 40% loan)

Borrow up to 40% of the purchase price from the Government with the London Help to Buy scheme. You would only need a 5% deposit and your mortgage would make up the rest.

London Living Rent

London Living Rent is a type of affordable housing for middle-income Londoners. These homes offer lower rents, with the saving on the rent aimed to help you ave towards a deposit for your own home.

First Homes

First Homes is a scheme designed to help local first time buyers and key workers onto the property ladder, by offering homes at a discount of 30% compared to the market price. In some areas the discount could be as high as 50%.

Deposit Unlock

Deposit Unlock is a private scheme that allows you to buy a new-build home from participating home builders with just a 5% deposit. It’s been developed by the Home Builders Federation, with lenders and the house building industry.

Discount Market Rent

Affordable housing scheme: Discount Market Rent (pay a discounted rent)

Rent to Buy

Affordable housing scheme: Rent to Buy (pay a discounted rent).

Rent to Buy is designed to enable aspiring home-owners to rent a new-build home on an Intermediate Rent basis. The home will be let at up to 80% of the equivalent market rent, with a fixed rate of inflation, designed to help you save throughout the period of your tenancy.

Shared Ownership, L&Q at Huntley Wharf, Reading - Reading | L&Q (2024)

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