03 Jun Beat the property boom: buy off plan with Pennyfarthing Homes
With the stamp duty holiday and lower interest rates than usual on mortgages, the UK property market is booming. A recent report by NAEA Propertymark found that demand is so high, there are currently 13 buyers for every property available on the market.
Award-winning developer, Pennyfarthing Homes, is encouraging buyers to ‘beat the property boom’ by purchasing a home off plan. Buying a home whilst it’s still under construction means they can secure their dream home without competing against other prospective buyers. There are a number of other benefits of buying a home off plan, including:
Pick of the plots: Buyers who purchase a home off plan get first pick of the plots at the development. They have the opportunity to choose their new home in the exact location they want before anyone else, meaning they don’t need to compromise.
Personal touch: They can really make their new home their own by personalising the specification. Depending at what stage of the build they purchase, they can customise details such as wall and floor tiling in the bathroom, en-suite and kitchen, and finer details like the style and colour of kitchen doors and worktops.*
Save £££: As the property continues to be built, buyers have extra time to save money, whether that’s to put towards the deposit – meaning a reduced mortgage – or saving for furniture to bring their new home to life. For first time buyers, the Government-backed Help to Buy equity loan can also allow them to move in with only a 5% deposit.
Save time: Buyers that have a house to sell can take advantage of Pennyfarthing Homes’ Early Bird Reservation Scheme. The dedicated sales team work with local estate agents to sell a buyers current property and while it’s on the market, they can secure their new home with a small Early Bird reservation fee. The overall process is stress-free and speedy, meaning buyers can move into their new property quicker.
Benefit from incentives: Pennyfarthing Homes has a number of fantastic incentives for buyers, from window dressing and flooring packages to John Lewis vouchers, helping to make the decorating process as easy as possible.
Sheetal Smith, Sales and Marketing Director at Pennyfarthing Homes, said: “With demand for housing at an all time high, buying a home off plan is the best way to beat the competition. Our dedicated team are on-hand to provide buyers with help and guidance every step of the way, so they can feel assured their home is being crafted to the exceptionally high standard seen across all of our developments.”
Pennyfarthing Homes’ Potters Wood development in Verwood is currently available to purchase off plan.
Encompassing two-, three- and four-bedroom houses, and one- and two-bedroom apartments, Potters Wood is a new, sought-after development in an idyllic countryside location.
For more information about Potters Wood, visit www.pennyfarthinghomes.co.uk/site/potters-wood.
For more information about buying off plan, the Early Bird Reservation Scheme or other incentives, call the sales team on 01425 613 958.
*T&Cs apply – please speak to the sales team for more information.