Buying your new home before it has been built, often known as off-plan has become increasingly popular. Not only for individual home owners, but for corporate investors to achieve greater returns, but some are discouraged by the idea of buying a product they haven’t seen.
As the government drives to get more new builds onto the market, more people from major investors to first time buyers are weighing up the pros and cons of buying property off plan.
Off plan purchasers are becoming progressively commonplace, although it isn’t as straightforward as traditional house-buying, with advances in technology, developers such as Burrington Estates New Homes offer computer generated images (CGIs) so the purchaser can visualise the finished product, plus virtual tours bringing the homes to life using 3D imagery. The financial advantages of investment can outweigh any uncertainty, buying off plan enables purchasers to secure high quality properties before they are built at the most competitive prices as opposed to buying second hand, meaning the best potential profits. Buying this pro-actively during process also provides an option of personalisation, with more choice available such as kitchen ranges, flooring, bathroom and technology choices.
The Grove in Rockbeare, is the latest off plan development of Burrington Estate. An intimate collection of five luxury detached homes where Part Exchange and Assisted Move is available please visit www.burringtonestates.com/newhomes for more information.