An Olympian place to buy a home

Starter's orders - for a starter home

Starter’s orders – for a starter home

What are your memories of London 2012? For many of the athletes who weren’t good enough or lucky enough to win medals, it could be the time they spent living shoulder-to-shoulder with their fellow competitors in the Olympic village close to the stadium in Stratford. Yet some new homebuyers can now walk up the same steps, use the same bathrooms and look out over the same balconies as 2012’s heroes.

The housing development now known as East Village housed 23,000 athletes and officials during the London 2012 Olympic Games. That would have included the likes of Usain Bolt, Jessica Ennis and all the top names, as even the biggest stars feel the urge to get the full Olympic experience – even if that means sharing a flat with their team-mates.

And after having been transformed into almost 3000 high-quality new homes (a high proportion of which are affordable homes for sale or rent) next to the Queen Elizabeth Olympic Park, it’s just been named the best new place to live in the capital at the London Planning Awards.

Some of the factors that earned it such recognition were its high standards of design, environment and accessibility, as well as providing the local facilities and amenities needed to support a developing community in an area that has long been in need of regeneration.  It’s even got its own brand new postcode, E20 – which since 1985 had been used fictionally for the borough of Walford in BBC’s Eastenders.

If you’re looking to get on the property ladder and snap up a new-build home in the future, then understanding your credit report and the steps you can take to improve it, can help you put yourself in a stronger position when it comes to applying for the mortgage you want.

Lenders use it to help decide if you’ll be able to afford to make new repayments on time, so it could be a key factor between being approved or refused.

And by checking your Experian Credit Score before you apply for new credit, you could get a good indication of how you’re likely to be viewed by lenders, and help you understand if you could make some improvements before you actually apply.

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