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London-wide Initiative

New Build HomeBuy Open Market Homebuy Social HomeBuy First Time Buyer London Wide

In late 2003, English Partnerships launched the London-Wide Initiative (LWI), a pilot scheme aimed at fast-tracking more affordable homes in Greater London. Initially the pilot scheme will focus on a portfolio of sites that will be a test-bed for introducing a range of new ideas aimed at creating a step-change in the delivery of homes.

The pilot scheme will deliver up to 4,500 homes over the next three years of which 1,500 – 2,000 will be for sale at discounted prices.

See www.englishpartnerships.co.uk/lwi.htm

The delivery of the programme is in the hands of three consortiums – First Base, Key London Alliance and a consortium led by Countryside Properties PLC.

The first site – Adelaide Wharf, Hackney - is now under way.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
There will be a separate fee for mortgage advice. The precise amount will depend on your circumstances, we estimate that the fee will be 0.46% of the amount borrowed. Please note that clients introduced through housing associations may not have to pay a client fee: however we will receive commission from the mortgage lender. The precise amount will depend upon your cirumstances.

SPF Sherwins is a trading style of Savills Private Finance Limited, which is authorised and regulated by the Financial Services Authority. FSA does not regulate buy to let or commercial mortgages or taxation advice. Approved and issued by Savills Private Finance Limited, 25 Finsbury Circus, London EC2M 7EE. Date Issued January 2007.

Savills Private Finance Limited is a subsidiary of Savills plc. Registered in England No. 3680970. Registered Office: 20 Grosvenor Hill, London, W1K 3HQ

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