Housebuilder’s Apartments Still Stamp-Duty Free

While the Stamp Duty holiday threshold changed on 1 July, Crest Nicholson is still offering savings on selected properties at some of its developments across the West Midlands, South West and South East.

Ralph Hawkins, managing director at Crest Nicholson South West, explained: “The new changes to thresholds mean that first time buyers don’t pay any stamp duty on homes up to £300,000. For those who already own a property and are looking to take the next step up the ladder, they have three months to take advantage of the new £250,000 threshold before it moves back down to £125,000. This temporary exemption will give second time buyers the ideal opportunity to make significant savings.”

Crest Nicholson has a wide range of properties available in this price range, maximising savings for potential buyers.

Manor House at Bournville Park, West Midlands

This is a collection of one-, two- and three-bedroom apartments in a replica of the original property which stood on the site and was once owned by the Cadbury founder. All apartments are designed to complement the historic features of the building but maintain an open, contemporary feel. Residents benefit from a strong community feel and ideal location, with Birmingham just a 20-minute drive away.

One-bedroom apartments start at £195,000 and those with two bedrooms start at £230,000. Buyers also have the opportunity to ‘part buy-part rent’ selected properties here with the Home Reach scheme, through which a 50% share of one-bedroom home starts at £97,500. Find out more about Manor House at Bournville Park from Crest Nicholson.

Woodlands Park, West Midlands

This development is home to modern one- and two-bedroom apartments across two buildings, just five miles from the centre of Solihull. Residents can enjoy a range of shops, bars and restaurants in Solihull and the development itself is home to a gym, health spa and coffee house. The development is surrounded by a beautiful 122-acre country park that gives buyers the chance to enjoy a countryside home with great transport links. Travel by road into Birmingham is possible in just half-an-hour and the nearby Dorridge train station offers nationwide rail travel and is just ten minutes by car.

Open market homes are available from £189,000, but through Home Reach, a 50% share of a one-bed starts at £94,500 and two-beds start at £120,750 (based on a full market value of (£241,500). Find out more about Woodlands Park from Crest Nicholson.

Langley Point, Wiltshire

This has a collection of one- and two-bedroom contemporary apartments in the centre of the historical market town of Chippenham. Sitting on the banks of the River Avon, the market town of Chippenham is an ideal base for home with easy access to everything rural Wiltshire, Bath and the surrounding Cotswolds have to offer. It offering a selection of high street shopping, restaurants and leisure facilities, alongside traditional rural street markets. Langley Point is a very short walk from Chippenham’s railway station.

Right now, one- and two bedroom apartments on the open -market start at £176,000 and £229,000 respectively, but for a 50% share through Home Reach, a two-bedroom property starts at £114,500. A show apartment is available to view by appointment. Find out more about Langley Point from Crest Nicholson.

The Waterfront at Gloucester Quays, Gloucestershire

Benefitting from a fantastic location on the perimeter of the historic Gloucester Quays, this is a distinctive, contemporary-design collection of one- and two bedroom apartments, many with waterfront balconies. It’s in a trendy area of the city which can offer something for everyone, such as a vibrant retail outlet while Gloucester Brewery, Gloucestershire College, public gardens and museums are also on the doorstep.

One-bedroom apartments start at £179,000 and two-bedroom apartments start at £239,000. Home Reach is also available here. Find out more about The Waterfront at Gloucester Quays from Crest Nicholson.

Centenary Quay, Hampshire

There are one- and two-bedroom homes in Crest Nicholson’s new waterside development in Southampton, an ideal development for first-time buyers, second steppers, young professionals and investors alike. On the doorstep are a coffee shop, bar, gym and beauty salon, with Southampton’s extensive city centre and West Quay are a short drive away.

On the open market, one-bedroom apartments start at £179,950 and two-bedroom apartments at £239,950. Some of the current two-bedroom range can be purchased through Home Reach. With a 50% share from £142,500 based on a full market value of £285,000. Find out more about Centenary Quay from Crest Nicholson.

Find out about current developments across England from Crest Nicholson.