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Why now is the time to buy a new home in Sampford Peverell

December 5, 2024 | In the news

Part exchange your way to an energy efficient new home in Sampford Peverell before stamp duty changes.

We are highlighting  changes to stamp duty, which could add thousands to the cost of homeownership.

While the rates rise for completions from April 1, 2025, a small number of homes at The Orchards in Sampford Peverell  are  ready to move into now.  There’s even the rare opportunity to own a new build bungalow.

 

Edenstone operations director Chris Edge said: “It’s well-known that property searches increase just after Christmas, but there’s no time like the present when it comes to looking for a new home in Sampford Peverell. Visit the show home now to start your home buying journey and you’ll be able to ring in the changes in your new home in early 2025.

“With the gift of part exchange, homeowners will be able to climb the property ladder quickly and simply without being entangled in a slow-moving chain. We’ll instruct independent local agents to value your existing property and agree a quick sale value. With part exchange, you’ll have the sale of your old home wrapped up in a matter of weeks, meaning you’ll be able to move before changes to stamp duty come into effect. Complete the purchase of your new home before the end of March and you could save thousands of pounds.

“There’s also the chance to enjoy long-term savings thanks to the energy efficiency of our homes – they’re among the most efficient available scoring Energy Performance Certificate ratings of A. It’s estimated* new houses are 65% more efficient than older ones, with the potential to save £1,981 a year.”

 

Prices at The Orchards start from £669,995 for a four-bedroom detached Monmouth. At current rates, the stamp duty on this property would be £20,995, rising to £23,499 from April. A four-bedroom detached Kingsholm, like the show home, is ready to be occupied and is available from £720,000. Complete the purchase before the end of March and the stamp duty would be £23,500, rising to £26,000 from April.

The homes at the Orchards are within the catchment area of the very desirable Uffculme School, rated “outstanding” by Ofsted, while the independent Blundell’s School and Tiverton High School are also just a short distance away.

Tiverton Parkway train station and the M5 are within easy reach, making it a great base for commuters.

 

The sales centre and show home at The Orchards are open daily from 10.30am to 5pm. For more information see https://stupefied-kalam.193-111-33-69.plesk.page/developments/the-orchards.