Benefits Of Buying Off-Plan At Lutterworth Development

Housebuilder Mulberry Homes has revealed the benefits of buying a brand new home before it’s built, as the demand for housing increases.

Data published by HM Land Registry and HM Revenue and Customs shows that the second quarter of this year saw a quantity of houses bought in the UK that was unrivaled since before 2008.

This is a trend that Mulberry Homes has witnessed too, and the housebuilder has listed a number of reasons why buying a home off-plan at The Mulberries in Lutterworth can have benefits for all kinds of purchasers, including first-time buyers, working professionals and growing families alike.

Buying off-plan means purchasing a property before it has 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 and marketing director for Mulberry Homes, said: “There are so many benefits that property seekers may not be aware of when buying a new home off-plan. We hope this guide helps.”

For first-time buyers

The homebuying process can often be daunting for first-time buyers, but purchasing a home off-plan may make it easier to take those first steps onto the property ladder. There may be a longer 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

Moving home can stressful, especially if you’ve got to decorate and juggle family and work commitments. But by purchasing a brand-new property off-plan, this process can be made significantly easier.

When purchasing a Mulberry home, property seekers are offered a range of options and upgrades 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 with no DIY required.

'Blenheim' house type at The Mulberries

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. Buyers can 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 as your home could be worth more than what you paid for it by the time you move in.

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 faced 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.

Purchasers who buy off-plan 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 make one of our properties their dream home, and Mulberry Homes is here to help every step of the way.

“We have several home moving schemes, such as Assisted Move 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. They are all available at Mulberry Homes developments, ensuring purchasers a hassle-free and possibly quicker move.

“In today’s housing market, competition amongst home-seekers is fierce. Buying off-plan could be the difference between buying a new home and missing out altogether.”

Current availability at The Mulberries includes a range of two-, three-, and four-bedroom homes priced from £249,950 to £529,950. Find out more at mulberryhomes.co.uk.

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