The Best Time to Buy New is Now!November 3, 2020
With so many benefits and schemes available to buyers, there has never been a better time to buy new — despite the unpredictable climate.
At Troy Homes, we are keen to support individuals and families looking for their perfect living space, which is why we offer these new home schemes on a number of our gorgeous developments. From assisted move to the stamp duty holiday, there are plenty of reasons to buy new in 2020 — making it faster, less complicated and more affordable to move.
Prime purchasing schemes
Buying a property is stressful enough without having to worry about all the technical information and what each scheme involves. We have simplified what these schemes mean and the benefits they offer you below so that you can be relaxed and in control of the whole moving process.
Stamp duty holiday
This holiday has been welcomed gratefully by buyers across the nation and means you will pay no stamp duty at all on the first £500,000 of your new home. If you are interested in properties above this threshold, you could still save as much as £15,000 with the stamp duty relief.
To benefit, you need to complete on the sale of your new home by the 31st of March 2021. If you are interested in any of Troy Homes’ properties, you could save thousands through this scheme!
Once you have chosen your dream Troy Homes property, the assisted move scheme can help you reach a sale on your current home. An independent estate agent will market the property, fully qualify any offers and negotiate a sale, ensuring you receive only the best price possible. Once a sale is agreed, they will then progress it through to exchange and completion.
An added bonus is that Troy Homes will pay any estate agent fees, further reducing the costs of your move and alleviating a little more stress. *Subject to T&Cs
Help to Buy
The Help to Buy scheme has been popular with buyers since its introduction. The Government lends up to 20% of the cost of the new home and up to 40% of the cost in the London area, allowing you to purchase a new home with a smaller deposit. All you need is a 5% cash deposit and a 75% mortgage (or 55% in London) to make up the rest. What’s more, the scheme means you will not be charged any fees on the loan for the first five years of owning your home.
The scheme comes to an end March 2021 with revised maximum values from April 2021 and is currently only applicable for first-time buyers.
Part exchange schemes mean you can “trade in” the value of your current home against your chosen new build home. This method of selling is perfect if you are looking to relocate quickly. Providing your current home meets the criteria and is suitable for part exchange, Troy Homes will make you an offer on your property so that you can continue with the purchase of your new home with confidence that you have a guaranteed buyer.
Not only does this make moving far less taxing, but it also means you can better enjoy the process of finding your ideal new home.
An oasis of rural luxury at Chestnut Mews
We have just two stunning duplex apartments remaining at our Chestnut Mews development in Theydon Bois. Both homes are complete with a sizeable study and plenty of lush outdoor space in the surrounding area: ideal for those extra hours spent at home. Fitted to the highest specifications with immaculate attention to detail throughout, these apartments strike the perfect balance between homeliness and modern luxury. Theydon Bois also offers a rewarding lifestyle thanks to the village’s relaxed rural atmosphere and outstanding selection of local pubs, restaurants and cafés.
Purchasing one of these luxury apartments is more accessible than ever thanks to the buying tools in place. Troy Homes will help with the sale of your current home via part exchange and you need only pay a 5% deposit thanks to the Help to Buy scheme. Register your interest now to realise your Troy Homes dream.
A countryside sanctuary at Sambrook Court
Our contemporary two-bedroom Sambrook Court apartments are based in the vibrant village of Hadley Wood, just 11 miles from the centre of London. Despite being under an hour from the capital, these homes offer far-reaching views of the leafy English countryside, close access to independent boutiques lining the nearby high street and an overwhelming choice of prestigious golf clubs to visit on the weekends.
If you fall in love with one of our exquisite Sambrook Court homes, you can sell your current home either via part exchange or assisted move — simply get in touch to book a viewing at our all-new show home today.