Wondering if anyone who is on the road to buying off plan wants to join me in this journey? Might be a long road but hoping to discuss all things buying off plan!
Lived in current property for 13 years and after visiting a the show houses on a new build in a farmers field last week we are taking the leap to move. We really like two of the different houses on offer and the whole build will be complete in around 3 years. We are currently looking at the different locations on the build in terms of view, proximity to grassy areas etc and weighing this up with how long we would need to wait for to get a house on that specific spot.
First time attempting to buy off plan and I was surprised to find out you need to wait until the house is released for sale before you can reserve it. So there might be competition for particular houses and we might miss out on one if someone beats us to it! One of the styles that we like will be available in November .
Current status is that we have our mortgage in principle, credit checks are completed too. Now just waiting to get our house valued and either put it on the market or we are considering renting it out. Again we are waiting for advice on this .