With a significant increase is buying a new home and more homeseekers are choosing to buy a brand-new home before its built and reap the rewards that off-plan provides.
Mulberry Homes has revealed how buying a home off-plan at its brand-new Launton Mews development in Launton can have a number of different benefits for all kinds of purchasers, including first-time buyers, working professionals and growing families alike.
Situated on Blackthorn Road, Launton Mews will offer a range of two-, three-, four- and five-bedroom homes. The development is already proving popular, with numerous off-plan reservations having already taken place.
Buying off plan means purchasing a property before it’s reached completion, sometimes before construction has even started. The numerous benefits include buyers receiving first pick of the plots as well as having the ability to become involved in the interior fixtures and fittings of the property.
Kerry Jones, sales director for Mulberry Homes, said: “Many homeseekers can often be dissuaded by the thought of buying their home off-plan, but actually there are so many benefits that property seekers may not be aware of.
“We hope this guide helps buyers to understand that purchasing their home off-plan is becoming increasingly popular and often results in the homeowners being more in control of their new home.”
For first-time buyers
The homebuying process can often be daunting for first-time buyers, but actually purchasing a home off-plan may make it easier to take those first steps onto the property ladder.
With an off-plan home, there may be a long period of time to wait before buyers can actually move into their property, but this additional time may benefit first-time buyers by enabling them to save even more money whilst their home is being built.
First-time buyers may appreciate the extra time to save, as they’ll have plenty of money to furnish their new home exactly as they like it, or even invest in a larger deposit.
For working professionals
It can be hectic trying to purchase a home, move in and decorate all whilst working long hours but with an off-plan property this is made significantly easier.
When purchasing a Mulberry home, property seekers are offered a range of upgrades and enhancements on their home throughout the build process, meaning their home is exactly how they’d like it right from move-in day.
Buyers can choose from a wide range of fixtures and can customise parts of their home such as the kitchen and flooring, which is one less thing to worry about when the time comes to move in and ensures that the home is designed exactly to the taste of its new owners.
For second-steppers
Purchasing a home off-plan can even be beneficial for families looking to upsize, especially for those having to extend their budget to move to a bigger home.
With an off-plan purchase, buyers secure the price of their home before the property is built, meaning that no matter how long the build takes, the price is secured at the time of reservation.
This is beneficial for those looking to upsize as whilst their budget is extended, buyers will likely see a return from their investment.
Those upsizing will also benefit the most from the current changes to Stamp Duty payments, which has been scrapped on properties up to the value of £500,000 with reservations before 30 June 2021.
For downsizers
For those looking to downsize, purchasing a home off-plan can be beneficial as buyers receive pick of the plots.
It can often be daunting for downsizers face with the challenge of moving again, especially when looking for a location that has everything to offer, but when buying off-plan buyers are able to consider plenty of options.
Off-plan purchasers will be amongst the first to choose where their property will be located, meaning they can consider numerous things such as proximity to public transport, schools or outdoor space.
Kerry Jones added: “Purchasing off-plan is something buyers should consider if they want to turn one of our properties into their dream home, and Mulberry Homes is here to help every step of the way.”
Home moving schemes such as Assisted Move, Help to Buy and Part Exchange – as well as Mulberry’s bespoke Key Workers Scheme, which offers £500 for every £20,000 spent on one of its homes and is available to staff from the emergency services, schools, hospitals, doctors’ surgeries and the armed forces – are all available at Launton Mews, ensuring purchasers a hassle-free and possibly quicker move.
Launton Mews’ marketing suite and show homes are expected to open in spring. In the meantime, buyers can also either meet at another development or explore the properties from the comfort of their own homes via virtual tours. Find out more at mulberryhomes.co.uk.
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