Get on the Luton property ladder at the launch of View Point

Buying a first home in Luton need no longer be just a dream with the launch of a brand new shared ownership development at View Point, off Broom Road in Luton, Saturday 22 October.

At the exclusive launch at Hart Hill Adventure Playground, people who live or work in Luton will get first priority to reserve a brand new home. And with two bedroom houses starting at just £48,125 for a 35% share, that first rung of the property ladder is within reach.

View Point offers a stylish collection of 2, 3 and 4 bedroom family homes on a part-buy/part-rent basis, otherwise known as Shared Ownership. Initially you have the opportunity to purchase between 35% – 75% of the property and pay a discounted monthly rent on the portion that is not owned. The combined monthly cost of the rent and the mortgage will normally be substantially less than buying the property outright. Further shares can be brought until you own 100% of the property.

Independent financial advisors will be on hand at the event providing one-to-one advice to help you find the right property.

Catalyst are experts at making stylish high quality homes affordable, winning numerous awards including the Affordable Home Ownership Provider of the Year Award for 2011.

Cllr Tom Shaw, Luton’s Housing Portfolio Holder, said: “I’ve spoken to many local residents who have been trying unsuccessfully to get on the property ladder so I am delighted that the ownership options at View Point will allow people to fulfil their dream of home ownership. There really are some fantastically stylish new houses on offer here.”

He added: “We have been working with Catalyst on this exciting new development as part of a much wider programme of increasing the supply of much needed housing in Luton and this shows that good progress is being made.”

To find out more about these brand new sought after homes call Catalyst on 0845 601 7729 or newbuild@chg.org.uk

The new homes at View Point are the first homes being made under the New Homes For Luton programme – a partnership by Luton Borough Council, Luton Learning and Community Partnership Catalyst Housing and Wates Living Space. The programme will deliver 450 new affordable homes in 9 new developments across Luton.