Award-winning developer Crest Nicholson has satrted work on its new £76m Totteridge Place scheme in Whetstone, Barnet. After a spate of post–Brexit Help to Buy sales successes at its Peckham and West Wickham sites, the developer plans to transform Totteridge Place into a contemporary development for first time buyers.

It will comprise 124 units, 19 of which will be affordable, and will include a mix of one, two, three bedroom apartments and three and four bedroom townhouses. With works already underway, first completions are expected in summer 2017. Located in London’s Zone 4, Totteridge Place is only six minutes from Totteridge & Whetstone Tube, allowing easy access to Central London in just 35 minutes.

Ben Miller, Managing Director of Crest Nicholson’s Chiltern division, said, “In a post-Brexit market, with interest rates at an all-time low, now is an important time to be delivering muchneeded affordable homes in an effort to support first time buyers in their quest to get onto the housing ladder. We are confident that the highspecification properties on offer at Totteridge Place will be a popular choice for buyers.”