Here’s a round-up of some of the best houses available via schemes that offer some form of help for first-time buyers
The Crossrail project will launch at the end of May, Transport for London has announced.
The £20 billion project will open to the public on May 24, after months of tests involving thousands of role-playing volunteers.
The high-speed train and Tube link will connect the outer western edges of the capital to the outer east.
The line will initially operate in three sections — the western section between Reading, Heathrow and Paddington, the central section between Paddington and Abbey Wood, and the eastern section between Liverpool Street and Shenfield.
Savills shows the western section of the line, from Reading to Bond Street, shows property prices have steadily built up well before the high-speed line is due for completion. (TfL)" />
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The full line will eventually enable passengers to travel from Reading and Heathrow through central London to Shenfield or Abbey Wood without needing to change trains. The final version of the timetable across the entire line is expected to be in place by May 2023.
When trains start along the route the service will be known as the Elizabeth line.
It has been billed as the capital's biggest and most important transport upgrade since the expansion of the Tube network over 100 years ago and promises to change the lives of millions of Londoners and commuters.
The route will pass through 41 stations, stretching over 60 miles, from Reading and Heathrow airport in the west through central London to Shenfield and Abbey Wood in the east.
More than 1.4 billion Tube journeys were made in 2018/2019, according to TfL. It is hoped that the new service will ease the burden on the network while also catering for a London population that’s growing by 100,000 a year.
It's thought more than 200 million passengers will use the Elizabeth line each year.
Nine new stations are being built as part of the project, at Paddington, Bond Street, Tottenham Court Road, Farringdon, Liverpool Street, Whitechapel, Canary Wharf, Custom House and Woolwich.
An existing station at Abbey Wood has been redeveloped for Crossrail.
The original funding allocated for Crossrail was £14.6 billion in 2010. In 2018 this was revised to £17.6 billion.
Just three months before the anticipated 2018 opening ceremony the first of the delays was announced, with the most recent of these declaring that the central section of the line would open by the end of June 2022. TfL have since brought this forward to May 24, in time for the early June bank holiday to mark The Queen’s Platinum Jubilee.
The agreed funding has now reached £18.8 billion. TfL has permission to spend an extra £1.1 billion to get the line in full service but, as things stand, has only been able to secure £825 million of loans.
The impact of the pandemic will cost Crossrail about £1 billion in lost fares, according to TfL.
The London Assembley is also seeking assurances from TfL about its ability to fund the remainder of the project should Omicron cause further delays to the launch.
The central section of the line will launch from May 24, according to TfL. The other sections are expected to open in the autumn.
Trains will start from a new Elizabeth line station at Paddington and go through to Abbey Wood, a route that passes through main employment hubs such as Liverpool Street and Canary Wharf.
Paddington to Canary Wharf will take 17 minutes
Bond Street to Liverpool Street will take seven minutes
Woolwich to Farringdon will take 14 minutes
The east and west sections will open in later stages.
This section will run from Liverpool Street mainline station to Shenfield in Essex, passing through eastern areas such as Stratford and Romford.
Romford to Liverpool Street will take 27 minutes
Stratford to Bond Street will take 15 minutes
This route will begin at Paddington mainline station, splitting just after Hayes & Harlington, with one branch going to Maidenhead and Reading and the other to Heathrow airport terminals.
Tottenham Court Road to Ealing Broadway will take 13 minutes
Paddington to Slough will take 26 minutes
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