Galliard Homes is increasing prices on Brent help-to-buy flats
While many homebuilders in the UK's capital are dropping prices, developer Galliard Homes has increased the prices of flats at its Silver Works development in the London Borough of Brent. The increases ranged from 1% to 15% and occurred mostly across the development's two-bedroom unit offerings. There has been significant interest from first-time buyers, according to a Galliard spokesperson. The government's help-to-buy scheme may also have stimulated interested, as the listings displayed the programme's logo.
 

It's not all doom and gloom for home builders. We uncovered a series of price rises through December and January on the Silver Works scheme in Colindale in the London Borough of Brent.

Price increases ranged from 1 to 15 percent across mostly 2-bedroom units. A spokesperson for Galliard stated that sales have been robust with many First Time Buyers expressing interest in the units. The Help to Buy government initiative may have helped as the property listings displayed the Help to Buy logo.

It is unclear as to whether the specific units undergoing the price increases were being offered as part of the Help to Buy scheme.

A quick look at the Galliard Homes website revealed a number of units remaining, priced from £395,000 to £730,000. All units, apart from the £730,000 unit, were noted as Help to Buy.