Significant stamp duty savings in Greenwich

Perfect Peace


Homebuyers looking to make their move to Greenwich this summer can take advantage of signi­ficant stamp duty savings thanks to Bellway Homes. Luke Thomas ­finds out more

Leading housebuilder Bellway Homes is currently building its latest development of one, two and three-bedroom apartments and penthouses at ­The River Gardens, off Banning Street in Greenwich, and is offering purchasers savings on their stamp duty costs to the tune of up to £27,000.

Nestled in the heart of Royal Greenwich, ­The River Gardens comprises high-specification apartments suitable for a wide range of buyers, panoramic views along the River Thames, a 24-hour concierge service, an on-site crèche, a residents’ gym with no fees payable, a swimming pool and a games court.

Visitors to ­The River Gardens can now also look around as many as five show apartments, some of which look out onto waterside views.

Emma Hamlett, Sales Director for Bellway London, said: “We expect ­The River Gardens to be a popular investment choice this summer given its location and onsite amenities. This stamp duty saving opportunity is also not one to be missed.

“Unsurprisingly, we have attracted many first-time buyers looking to move into a high-quality development and make the most of the excellent location and transport links around the Royal Borough, reaching the likes of Canary Wharf in just 13 minutes.

“Buyers are also attracted by our reputation for highquality construction, with a fjve-star rating from the Home Builders Federation – which means that nine out of ten customers would recommend us to a friend.

“Our first residents will move into their homes this summer, meaning it won’t be long before this development turns into a flourishing new residential community in Greenwich.”

As well as making savings on stamp duty costs, buyers can also take advantage of the government-backed Help to Buy London scheme, enabling purchasers to reserve their new home with just a 5% deposit.

Buyers who utilise the scheme then only need to secure an initial 55% mortgage, with the remaining 40% of the property’s market value provided by the government as an equity loan, which remains interest free for the first five years after purchase.

­The current selection of homes at ­The River Gardens includes one-bedroom apartments with prices starting from £445,000, two-bedroom apartments from £592,500 and three-bedroom homes starting from £740,000.

­The onsite sales and marketing suite is located off Banning Street and is open daily between 10am and 5pm, with a late night opening also available on Thursdays, between 12pm and 7pm.

For more information on ­ e River Gardens, call +44 (0) 203 092 9676, email therivergardens@bellway.co.uk,or visit bellway.co.uk and search ‘Greenwich’.

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