MAKE PROFIT ON THE 100% VALUE WHILST HAVING ONLY 20% TIED UP UNTIL COMPLETION

A deposit of 15% or 20% is normally required when purchasing off-plan. Investors will often look for schemes with a completion in 2-4 years time, so they can benefit from capital growth (in the same way if you were buying a resale property) but with only a small amount of equity tied up, often allowing them to buy multiple units.

SELL ON BEFORE COMPLETION AND PAY NO STAMP DUTY

Most contracts are assignable and many investors purchase off plan with the intention of selling on before completion. The buyer who completes on the property pays the stamp duty.

CHOOSE THE UNIT YOU WANT

If you are looking for a specific flat type within a development, you could be waiting many years for such a flat to become available on the re sale market. A developer or agent will be able to offer you a much larger range of apartment types and price ranges so you can pick and choose the property you want.

GUARANTEE

A brand new property with brand new appliances is very appealing to Landlords (and tenants). Most new properties come with a 2 year manufacture guarantee and a 10 year NHBC certificate or equivalent.

A CASE STUDY

Our client purchased a unit in an area that was undergoing significant redevelopment. As the first new residential block in the area, the apartment was purchased at an attractive price.  The client paid the reservation payment and deposit.

After the area had seen a significant increase in value, we sold the contract for our client making him a significant profit- indeed substantially in excess of 100% return. The marketing of the property was carefully co-ordinated and timed taking into account the release of other new developments in the area.

PROPERTY INSIDE LONDON

We are aware and have access to all the major off plan developments in London.  Rather than being sales agents for individual sites, we are independent and so can provide advice on the best sites, the best units within the developments and negotiate on your behalf.

We are experts in selling units before completion, having successfully done so in a number of London’s leading developments.

CONTACTS

angie@propertyinsidelondon.com/ christian@propertyinsidelondon.com