My new homes Login

New build homes for sale in Old Hill

36 developments

Anvil Place

by Barratt Homes

Dudley, West Midlands, DY2 0JZ

3 bedroom houses

£329,995 - £345,995

Located in the historic and vibrant market town of Dudley, Anvil Place is a new collection of 2, 3 and 4 bedroom homes close to bluebell covered, ancient woodland and a serene reservoir. Only ten miles from Birmingham, the location offers easy access to a range of convenient amenities, leisure and entertainment options. With excellent travel links to neighbouring towns such as West Bromwich, Wolverhampton, Walsall and the wider Midlands.Monday 12:30-17:30,Tuesday Closed,Wednesday Closed,Thursday Closed,Friday Closed,Saturday 10:00-17:30,Sunday 10:00-17:30

Harvino

by Bellway

Halesowen, West Midlands, B62 0LF

3, 4 & 5 bedroom houses

£358,500 - £990,000

Harvino is a stunning collection of new houses for sale in Hunnington, conveniently situated between Romsley and Halesowen. Steeped in history, these 2, 3, 4, and 5-bedroom homes are situated on the former Blue Bird Toffee Factory site at Bluebird Park, Romsley. Harvino is certain to appeal to a range of potential homebuyers, including first-time buyers, commuters to Birmingham, and those looking to live in sought-after Romsley.

Stalling’s Place

by Keepmoat Homes

Kingswinford, West Midlands, DY6 7LR

2, 3 & 4 bedroom houses

£249,950 - £379,950

Introducing Stalling's Place, a fantastic collection of two, three and four bedroom homes to the vibrant community of Kingswinford. This commuter hotspot is the ideal location for first time buyers, growing families and those wanting to downsize, with something to tick every box whatever your wish list.Thanks to the great care and consideration that's gone into the planning and design of Stalling's Place, you're sure to be spoilt for choice when it comes to choosing your dream home here. Each home has been built to the highest standards and reflects the very best in contemporary living. What's more, these homes come with PV panels and an EV charger as standard**Advanced Energy Efficient HomesAt Stalling's Place, our homes include advanced energy-saving features, such as PV panels, EV charging points, advanced insulation, high performance double glazing and modern, efficient boilers, helping to use up to 69% less energy than an average older property*
Green features

What can you spend on a new home?

 

Use our easy calculator for an estimate of your new homes budget. Simply tell us your total household income and how much money you have saved for a deposit. This will then calculate what you are able to borrow.

Calculate your budget

Belgrave Village

by Connells

Birmingham, West Midlands, B12

1 & 2 bedroom apartments and 3 bedroom houses

£190,000 - £400,000

All homes are ready to move into – don’t miss out, with 95% sold. Belgrave Village in Birmingham delivers 438 brand new homes offering a wide variety of home choices for first time buyers and families alike. This brand new scheme will combine the facilities of a town with the ambience of a village and is ideally located for those who want to stay local to central Birmingham but also seek more outside space and a suburban public realm. A range of one and two bedroom apartments, and three bedroom family homes are available with all homes having been carefully designed with the discerning purchaser in mind. Wavensmere homes have chosen high-quality internal specifications and designed spacious internal layouts on all property types to suit everybody. As well as vast amounts of green open space, all residents will also have access to the following fantastic amenities on your doorstep! -A private development with on-site security - Cinema screening room - Co-working space - Fully equipped gym - Concierge - Landscaped gardens across 12 acres with a full time gardener The apartments start at £202,000 up to £400,000 with parking available at an additional cost. The final remaining freehold houses are 3 bedroom, 2 bathroom, 1079 sq ft with garden and parking, excellent specification at £400,000. This is stunning city centre development with easy access to the Universities and Hospitals in the area making it an ideal investment or residential home. Connells Estate Agents are offering prospective buyers the chance to visit our Birmingham City Centre office and experience our fully immersive 3D/360 virtual tour. Showing a photo-realistic immersive reality and exploring the attractions that Belgrave Village has to offer, it will be as if you have physically stepped foot inside a show home.

Blowers Green Park

by Connells

Dudley, West Midlands, DY2 8UZ

2 & 3 bedroom houses

£235,000 - £400,000

Welcome to Blowers Green Park, Dudley. Connells are proud to announce the launch of this brand New Development of 60 beautiful, A Grade EPC homes, designed and built by Halo Living, in the heart of the Black Country. Blowers Green Park will have a total of 60 homes, consisting of two, three and four bedroom houses, creating a bright, vibrant, modern and welcoming new community to Dudley. With five designs, each House Type has been carefully considered and created with every customer in mind. Whether you are a First time Buyer, Home Mover or Down Sizer, there is something for everyone. Once you have chosen your desired House Type and Plot, you will then have the choice of kitchen, tiles and flooring (where applicable). Each home boasts an A Grade EPC, providing high energy efficiency and lower utility costs for all.

Coseley New Village

by Persimmon Homes

Tipton, West Midlands, DY4 8AD

2, 3 & 4 bedroom houses

£249,995 - £415,000

Welcome to our wide range of new homes at the heart of an exciting new village community.

Bloomfield View

by Connells

Tipton, West Midlands, DY9 4ES

3 & 4 bedroom houses

£280,000 - £325,000

Waterside Grove

by Connells

Wollaston, West Midlands, DY8 4PF

3 & 4 bedroom houses

From £350,000

Waterside Grove A Beautiful selection of 3 and 4 bedroom detached New Build homes set on the River Stour. Each home is thoughtfully designed and equipped with modern integrated appliances to include oven, hob, fridge freezer and dishwasher. Top Quality flooring included to wet areas. Please see full specification for further details. Most of our four bedroom houses come with either an internal or detached garage. All houses have a driveway for off road parking. There are 2 x four bedroom house types and 1 x three bedroom house type to choose from. Some are situated within the private close, off High Street, Wollaston. The Riverside location provides a tranquil setting. Close to Wollaston Town Centre and a 5 minute drive from Stourbridge Town Centre, Waterside Grove offers access to an abundance of local amenities, shops, pubs, restaurants and road links. Stourbridge Town and Stourbridge Junction Railway Stations are approx 1 mile & 1.6 miles from Waterside Grove, providing rail links to Worcester and Birmingham City. Many parents are moving to the area to be in the catchment for the local school network, which includes Redhill, OSH, King Edwards Sixth Form.

Hagley Manor

by Cameron Homes

Hagley, West Midlands, DY9 0DB

4 & 5 bedroom houses

£750,000 - £895,000

A small collection of new homes in the beautiful village of Hagley, Worcestershire At Hagley Manor, you'll be joining a close-knit community in the village of Hagley. Rolling Clent Hills and lush Worcestershire countryside provide a picturesque backdrop for this collection of new 3, 4, and 5-bedroom homes in the sought-after village of Hagley. Perfectly positioned at just a 10-minute walk away from Hagley village centre, with access to top-rated schools, popular pubs, a range of local shops and excellent transport links, you’ve got everything you need, right on your doorstep at this new development.

Mansion House – Port Loop

by Spicerhaart

Birmingham, West Midlands, B16 0AF

2 bedroom apartments

From £68,750 for a 25% share
(From £275,000 Full Market Value)

Welcome to Mansion House, Birmingham’s newest canal side apartments, located at the award-winning Port Loop development. Designed by shedkm architects, these modern two-bedroom homes offer spacious and bright living areas, with large windows and high ceilings that flood the interiors with natural light. Each apartment features a private balcony, generous living spaces, and a dual-aspect design. Key Features: * Bright, Spacious Living Areas: Open-plan designs with large windows. * Two Bedrooms: Thoughtfully designed for comfort. * High Ceilings: Creating an airy, grand ambiance. * Private Balcony: Your own outdoor retreat. * Modern Features: State-of-the-art appliances and sleek interiors. * Community Focus: Small groups of apartments with shared entrances to foster a sense community and connection. Port Loop Community: Situated in a vibrant community, Mansion House offers easy access to local amenities, parks, shops, and cultural attractions. Nestled between Birmingham Canal Old Line and the Birmingham Canal, Port Loop is just a 15-minute walk from Birmingham city centre. Its island location was once the industrial heart of the city, so the tow paths that served it provide superb, direct routes to the city centre. You can go by foot or jump on a bike. This is more than just a home; it’s a lifestyle that values sustainability and neighbourly connections.
Shared ownership

Mansion House - Port Loop

by Spicerhaart

Birmingham, West Midlands, B16 0AF

2 bedroom apartments

From £310,000

Welcome to Mansion House, Birmingham’s newest canal side apartments, located at the award-winning Port Loop development. Designed by shedkm architects, these modern two-bedroom homes offer spacious and bright living areas, with large windows and high ceilings that flood the interiors with natural light. Each apartment features a private balcony, generous living spaces, and a dual-aspect design. Key Features: * Bright, Spacious Living Areas: Open-plan designs with large windows. * Two Bedrooms: Thoughtfully designed for comfort. * High Ceilings: Creating an airy, grand ambiance. * Private Balcony: Your own outdoor retreat. * Modern Features: State-of-the-art appliances and sleek interiors. * Community Focus: Small groups of apartments with shared entrances to foster a sense community and connection. Port Loop Community: Situated in a vibrant community, Mansion House offers easy access to local amenities, parks, shops, and cultural attractions. Nestled between Birmingham Canal Old Line and the Birmingham Canal, Port Loop is just a 15-minute walk from Birmingham city centre. Its island location was once the industrial heart of the city, so the tow paths that served it provide superb, direct routes to the city centre. You can go by foot or jump on a bike. This is more than just a home; it’s a lifestyle that values sustainability and neighbourly connections.

Tame Bridge View

by Persimmon Homes

Wednesbury, West Midlands, WS10 0JS

1 bedroom maisonettes and 2, 3 & 4 bedroom houses

£145,000 - £405,000

Discover energy-efficient living in the historic market town of Wednesbury in the West Midlands. And enjoy easy city links, family-friendly amenities and nearby relaxing green spaces.

Fully Managed Birmingham Buy to Let

by RWinvest

Birmingham, West Midlands, B5 4RW

Studio, 1, 2 & 3 bedroom apartments

£150,000 - £500,000

Own a fully managed luxury apartment in Birmingham’s high-demand B5 postcode area and earn up to 5% NET rental returns Enquire today to receive floor plans, an info pack, and a full investment breakdown. Key features • Completed New-Build Property • Modern Open-Plan Layout • High-Quality Furnishings, Fixtures & Fittings • Landscaped Gardens • Concierge Service • Just 450m from the Bullring Shopping Centre • 560m from the Nearest Train Station Investment Overview • Fully Managed Buy-to-Let Opportunity • Prices From Just £150,000 • Minimum 35% Deposit Required • Minimum Rental Income of £4,250 • Award-Winning Developer • Ideal For Long-Term Capital Appreciation This exclusive, fully managed Birmingham apartment presents an exceptional investment opportunity in one of the city’s most in-demand areas. Located just 450m from the Bullring Shopping Centre and close to the city’s Chinese Quarter, the property benefits from strong tenant demand, modern amenities, and proximity to the city’s key attractions and transport links. Each apartment features elegant décor, high-spec interiors, and spacious open-plan layouts with integrated kitchens and top-of-the-range appliances. Residents enjoy access to landscaped gardens, concierge service, and a vibrant surrounding area filled with shops, bars, and restaurants. Birmingham’s ongoing regeneration, expanding employment base, and infrastructure projects continue to drive ideal investment opportunities city-wide. Call today or register below to secure your fully managed Birmingham buy-to-let.
Investment Outright sale

Frankley Park

by Bloor Homes

Northfield, West Midlands, B31 5GE

2, 3 & 4 bedroom houses

£275,000 - £505,000

Welcome to Frankley Park, Birmingham.
Green features

Sheldon Pines

by Lagan Homes

Northfield, West Midlands, B31 5EJ

3 & 4 bedroom houses

£310,000 - £465,000

Sheldon Pines is an exclusive and charming development that features a limited selection of just twenty-seven beautifully crafted 2, 3 and 4-bedroom homes. Nestled conveniently near the A38 in Northfield, this community offers easy access to the vibrant city of Birmingham, located just to the southwest. The location is ideal for those seeking both suburban tranquillity and urban conveniences, making it perfect for families, professionals, and anyone in between.

Sapcote Yard

by Elevate Property Group

Birmingham, West Midlands, B1 3DD

3 & 4 bedroom townhouses and 2 bedroom duplexes

£475,000 - £650,000

Exclusive Gated Jewellery Quarter development with Freehold Townhouses having parking, outdoor space, parking and a dual aspect. Two stunning Duplex apartments are included in this prized development located in Camden Street, just half a mile from St Pauls Square / Paradise / Centenary Square.

Birmingham Investment Flat

by RWinvest

Birmingham, West Midlands, B15 2AN

Studio, 1, 2 & 3 bedroom apartments

£150,000 - £449,950

Own a luxury completed apartment in Birmingham’s thriving B15 city centre district – an exclusive investment offering up to 7% NET rental returns Enquire today to receive floor plans, an info pack, and a full investment breakdown. Key features • Completed & Tenanted Development • Luxury Interiors with Modern Furnishings • Integrated Kitchens • On-Site Facilities Including Gym, Lounge & Garden • Located in Birmingham Business District (B15) • Just 5 Mins from the O2 Academy Investment Overview • 7% NET Rental Return • Prices From £150,000 • 23.4% Projected Regional Capital Growth (Savills) • Buy-to-Let & Owner-Occupier Opportunities • Fully Managed & Hassle-Free Ownership • Excellent Tenant Demand • Award-Winning Developer This completed Birmingham investment flat combines high-quality craftsmanship with a prime city centre location, offering investors immediate rental income and strong long-term growth prospects. Situated in the desirable B15 postcode district, the development is within walking distance of Birminngham’s key business, cultural, and retail hubs. Inside, each apartment boasts a modern open-plan layout with integrated kitchen, elegant fixtures, and high-spec finishes designed for both comfort and style. On-site facilities include a gym, resident lounge, and a landscaped garden, creating a premium lifestyle experience that appeals to Birmingham’s growing professional tenant base. With 7% NET rental returns and a forecasted capital appreciation of 23.4%, this is a strong investment opportunity in one of the UK’s most dynamic urban centres. Call today or register below to secure your Birmingham city centre apartment and start earning immediate rental income.
Investment Outright sale

B1 Apartments

by RWinvest

Birmingham, West Midlands, B1 3JN

1, 2 & 3 bedroom apartments and 1 bedroom manhattan apts

£159,950 - £449,950

Invest in Birmingham’s thriving Jewellery Quarter with B1 City Centre – premium 1, 2, and 3-bedroom apartments offering strong rental potential and city views Call or register today to receive free floor plans, a virtual tour, and full investment information. Key features • Prices From Just £90,000 • Contemporary 1, 2 & 3-Bedroom Apartments • High-Gloss Kitchens with Integrated Appliances • Private Balconies with Impressive City Views • 680m from Nearest Train Station • Located in the Jewellery Quarter – Home to More Than 30,000 Professionals • Close to Shopping Centres, Cafés, Bars & Restaurants Investment Overview • Minimum 35% Deposit Required • Minimum Annual Rental Income of £4,500 • Buy-to-Let or Buy-to-Live Options Available B1 City Centre is a contemporary residential development in Birmingham’s renowned Jewellery Quarter – one of the most desirable and dynamic areas of the city for both investors and residents. Offering a mix of 1, 2, and 3-bedroom apartments, this development features high-spec finishes, integrated kitchens, and private balconies overlooking the city skyline. Perfectly positioned just 680 metres from the nearest train station and within easy walking distance of major shopping, dining, and leisure destinations, the development attracts Birmingham’s growing population of young professionals. With 40% of city residents working in professional sectors, the demand for rental accommodation in Birmingham continues to rise. Prices start from just £90,000 with a 35% minimum deposit, providing investors an accessible entry into one of the UK’s strongest buy-to-let markets. Enquire today to secure your apartment at B1 City Centre and take advantage of Birmingham’s booming property market.
Investment Outright sale

Buy to Let Birmingham Flat

by RWinvest

Birmingham, West Midlands, B4 6LP

Studio, 1, 2 & 3 bedroom apartments

£150,000 - £499,950

Invest in a luxury new-build apartment in the heart of Birmingham city centre and earn up to 5% NET rental returns Enquire today to receive floor plans, an info pack, and a full investment breakdown. Key features • Modern, New-Build Development • Luxury 1 & 2-Bedroom Apartments • Private Balconies with City Views • Open-Plan Living Areas • Gym, Sauna, Steam Room, Cinema & Resident Lounge • Landscaped Gardens • 16-Minute Walk to Birmingham New Street • Close to the Jewellery Quarter Investment Overview • Prices from £149,950 • High Rental Demand • Projected 5% NET Rental Returns • 23.4% Projected Regional Capital Growth (Savills) • Award-Winning Developer This stylish, high-quality apartment in central Birmingham offers an exciting opportunity to invest in one of the UK’s most dynamic property markets. Designed with the modern tenant in mind, the development features spacious open-plan layouts, elegant interiors, and a private balcony. Residents benefit from luxury amenities including a gym, sauna, steam room, cinema, resident lounge, landscaped gardens, and a 24-hour concierge – all contributing to a premium living experience that appeals to Birmingham’s professional tenant base. Located just a short walk from Birmingham New Street Station and close to the Jewellery Quarter, this development is perfectly placed to attract strong rental demand. With 5% projected rental yields and a forecasted 23.4% capital growth, investors can expect robust returns in both the short and long term. Call today or register below for your free info pack and secure your buy-to-let investment in Birmingham.
Investment Outright sale

SMH @ West Works

by St Modwen Homes

Longbridge, West Midlands, B45 9UA

2, 3 & 4 bedroom houses

£307,500 - £525,000

Explore our homes Visit us Thursday-Monday to view our stunning, 2, 3 and 4 bedroom showhomes, and to explore the development in person, no appointment is needed. Our fantastic range of homes are made even more energy efficient with EV chargers and solar panels. Help with your move Get in touch to find out more about how we can help you make your move, with amazing offers available on selected homes, including 5% deposit contribution on all homes ready in 2025, or Part Exchange for customers with a property to sell.   Modern living in Longbridge West Works is a collection of 2, 3 and 4 bedroom homes located in Longbridge, less than 10 minutes from the M5 and M42, and close to Longbridge Train Station. Be in Birmingham city centre in 20 minutes, or enjoy the Lickey Hills just a few miles away for stunning countryside walks.
Green features

No. 30 St Pauls

by Elevate Property Group

Birmingham, West Midlands, B3 1QZ

Studio, 1, 2 & 3 bedroom apartments

From £250,000

An exquisite development in one of Birmingham’s most prestigious settings. No. 30 St Pauls is a rare opportunity to live on the city’s only Georgian square, in the very heart of the historic Jewellery Quarter. Overlooking St Paul’s Square and historic church, these elegantly crafted residences offer a mix of balconies, access to a courtyard and stunning skyline views designed to balance peaceful retreat with vibrant city living.
Investment Outright sale

Chapmans Yard

by Connells

Birmingham, West Midlands, B1 1QD

1 & 2 bedroom apartments

From £180,000

Join Connells New homes on Thursday 7th August between 4-7pm for our First Homes workshop. Understand all things first homes and low cost and how the scheme is a fantastic way to take your first step onto the property ladder. View a selection of stunning show homes and have a chat with our friendly mortgage advisors to discuss your affordability whilst enjoying free refreshments. All viewings by private booked appointment only. Call us today to arrange on 0121 212 0800 – Option 3 for New Homes Welcome to Chapmans Yard, a modern residential haven rooted in the industrial charm of Birmingham’s past and designed for the lifestyle of tomorrow. Nestled in the heart of the city’s vibrant B1 postcode, just moments from The Mailbox, The Cube, and Grand Central Station, this exclusive development brings together bold architecture, thoughtful design, and dynamic urban living. From contemporary 1 and 2-bedroom apartments to spacious duplexes, Chapmans Yard offers a variety of layouts to suit professionals, couples, and families alike. Each home is finished to an enhanced specification — combining elegance, functionality, and energy efficiency (EPC ‘B’ rated, top 10% in the UK). Many units feature Juliette balconies, while floor-to-ceiling windows invite natural light and create an effortless connection between indoor and outdoor living. First Homes and Low cost: Chapmans Yard offers a unique opportunity to secure either a First Homes OR Low cost apartment offering a 30% discount from the homes full market value. One bedroom apartments available: Plot 6 / Plot 33 / Plot 53 / Plot 71 SQFT ranging from 423 – 801 Two bedroom apartments available: Plot 5 / Plot 18 / Plot 44 / Plot 62 SQFT ranging from 423 - 801 These homes are built and ready to view and move into this summer Price example: Full market value - £257,250 30% discount price - £180,075 No rent payable on the 30% not owned No ground rent payable Service charge - £1,119.37 *Please note that some of our homes are offered under the First Homes scheme, and some under the Low cost scheme whereby salary caps do differ. Please consult with our sales team who will be able to provide further information.* How does First Homes work? The First Homes scheme is a policy that provides discounted homes to eligible buyers in England who otherwise wouldn't be able to afford one. Under this scheme, first-time buyers can buy a new-build home at Chapmans Yard at a discount of 30% on the homes full market value. These properties must be purchased by first-time buyers. If buying as a couple, neither partner can have previously owned a home. Otherwise, the properties are bought and sold as normal. If and when the first-time buyer decides to sell the property, the home will be independently valued, and the scheme discount will be re-applied to this new value for the next owner. The following criteria apply to all purchasers involved in buying the home: -You must be a first-time buyer. -You'll also need to buy within your local area, with the intention of living in the property (it cannot be a holiday home or buy-to-let). -Your combined income must not exceed £80,000. -Connells Estate Agents will need to financially qualify prospective purchasers. The scheme requires first time buyers to purchase their property that covers at least half of the purchase value. With the discount in place, the mortgage requirement will be lower. How does Low cost work? The Low cost scheme allows buyers to purchase at a discount of 30% on the homes full market value. The following criteria apply to all purchasers involved in buying the home: -The property can only be sold to a single person with an annual salary of no more than £40,000 gross or £45,000 gross for two persons on a joint application. -The purchaser must be over the age of 18 and living and working in the UK -The purchaser must own and live at the property as their only home. -Connells Estate Agents will need to financially qualify prospective purchasers.

BMV Birmingham Investment

by RWinvest

Birmingham, West Midlands, B3 1AT

Studio, 1 & 2 bedroom apartments

£150,000 - £400,000

Own a completed, high-spec apartment in the heart of Birmingham city centre and start earning 5% returns from day one Enquire today to receive floor plans, an info pack, and a full investment breakdown. Key features • Studio & 1-Bed Apartments Available • Completed Development • High-Spec Interior Finishes • Modern, Open-Plan Layouts • Birmingham Business Hub Location • Short Walk from Birmingham New Street Station • Close to the Jewellery Quarter & Snow Hill Station Investment Overview • Prices from £150,000 • Minimum 35% Deposit Required • Buy-to-Let & Owner-Occupier Options • More Than 23% Capital Growth Forecast • Award-Winning Developer Located in Birmingham’s vibrant city centre, B2 Birmingham Apartments offers a completed, ready-to-let investment opportunity combining strong returns with long-term capital growth. Each apartment is finished to a premium standard with stylish interiors, integrated appliances, and open-plan layouts that appeal to Birmingham’s growing professional population. The location provides excellent access to the Jewellery Quarter, Snow Hill, and major transport links, including New Street Station. Birmingham continues to establish itself as one of the UK’s leading cities for investment, boasting a thriving economy, a diverse employment market, and extensive regeneration projects. With property values in the West Midlands projected to rise by more than 23% in the next five years, this completed city centre development presents a prime opportunity for investors seeking both immediate rental income and capital appreciation. Call today or register below for your free info pack, and secure your B2 Birmingham apartment investment.
Investment Outright sale

South Central

by Connells

Birmingham, West Midlands, B5 4BX

1 & 2 bedroom apartments

£154,000 - £220,500

KEY FEATURES: • First homes scheme • One & Two bedroom apartments • 70% of market value • No rent payable on the 30% not purchased • Amenities on site such as concierge, gym, community room & roof top terrace area • 250 Year leasehold • Ready to view and move into now • 10 year New build warranty South Central offers just a small selection of one & two bedroom apartments available to purchase via the First Homes scheme. These apartments are situated within the brand new landmark 30-storey building. There are a range of facilities shared across the whole development to create a unique sense of community, including a concierge, community room, a gym, and a roof terrace area. Residents have a secure entrance with access to the building's post room and a secured pick-up area for added convenience. There is an internal bike storage that can accommodate around 76 bikes. The property has excellent future connectivity via the metro system to other key transport hubs and locations around the city. The development is in the Southside area of Birmingham, enjoying an excellent city centre location with primary access via Bristol Street/ Suffolk Street Queensway. These apartments have a 250 year leasehold, peppercorn ground rent (£0), and are ready to view and move into now. PRICE EXAMPLE FOR FIRST HOMES: Full market value - £220,000 70% discount market value - £154,000 No rent payable on the 30% share not owned Service charge per annum - £1,275.49 FIRST HOMES SCHEME EXPLAINED: The First Homes scheme is a policy that provides discounted homes to eligible buyers in England who otherwise wouldn't be able to afford one. Under this scheme, first-time buyers can buy a new-build home at South Central, at a discount of 30% on the homes full market value. These properties must be purchased by first-time buyers. If buying as a couple, neither partner can have previously owned a home. Otherwise, the properties are bought and sold as normal. If and when the first-time buyer decides to sell the property, the home will be independently valued, and the scheme discount will be re-applied to this new value for the next owner. The following criteria apply to all purchasers involved in buying the home: You must be a first-time buyer. You'll also need to buy within your local area, with the intention of living in the property (it cannot be a holiday home or buy-to-let). Your combined income must not exceed £80,000. The scheme requires first time buyers to purchase their property that covers at least half of the purchase value. With the discount in place, the mortgage requirement will be lower. HOW TO APPLY : Contact Connells New Homes: Let us know you're interested in buying a First Home. You will be expected to complete an affordability assesment with our friendly mortgage advisors who will assess your affordability to purchase. Apply through the developer: Our advisors will take you through the necessary steps to submit your application and we are able to do this on your behalf. This will include proving that you are a first-time buyer, which a solicitor can do for you through land registry searches. You need to pay a fee if the First Home you want to purchase is a new build. Once the application is successful the fee payable is £500. Get the authority to proceed: If your application is successful, Birmingham City Council will send you an Authority to Proceed and Eligibility Certificate. You'll need to give these to your solicitor and mortgage provider (or broker) so that they can start next steps.

GoogleMap loading...

Register for alerts in Old Hill

Sign up below to be the first to know about new homes in your area.

Are you a first time buyer?

Locations near to Old Hill

Nearby locations with Shared ownership Developments