Taylor Wimpey has said that homes are selling fast at its Academy Central development in Barking.
The project will include a choice of one or two-bedroom apartments, currently available from £138,995, with the government’s Help to Buy scheme now available for the homes.
This incentive allows eligible first-time buyers and those with a property to sell to secure their home for 80 per cent of its full price, including a five per cent deposit.
The City of London Corporation is about to buy Barking Power Station site in east London for around £125 million, according to Property Week.
A £25 million grant for Barking and Dagenham Council will help it support new housebuilding over the next four years.
Councillor Darren Rodwell, the leader of Barking and Dagenham Council, has welcomed the decision to approve the proposed Beam Park…