Outstanding Sales at Eddisbury Park

08/09/2015

Sales at Eddisbury Park have been outstanding! Work on the development only started in March and already 10 of the 16 homes are reserved.

Some of the purchasers know that their new home will not be ready to move into until early summer next year, but they were prepared to wait to be sure they didn't miss out on this superb development.

At the moment there are no plots released for sale. We, along with a number of our customers, are waiting for a magic 6 month window when we can release some more homes.

The process of reserving a new home has several stages:

  • First you pay a reservation fee - this means that we take the property off the market and will not sell to anyone else for a period of around a month, during which time your solicitor does all the legal checks necessary to exchange contracts.
  • The next stage is exchange of contracts - at this point you need to provide the money for the deposit (usually 10% of the purchase price) and both you and we legally sign to agree to your purchase and exchange our signed contracts. A customer should not legally sign to buy a new home if they cannot show that they will have the money available when the house is finished. Mortgage offers have an expiry date of a maximum of 6 months time. If your mortgage offer will have expired before your new home is ready you cannot prove you will have guaranteed funding to pay the balance for your home when required. The same applies if you have a house to sell - there is no guarantee of the money being available when needed.
  • The final stage is when we notify you that your new home is ready and you provide the rest of the money in order to legally complete the purchase and get the keys to your new home.

If, however, you are lucky enough to not need a mortgage, do not need to sell your home in order to buy a new one or you do not have a home to sell we might be able to discuss the next potential releases. You must also be prepared to wait for at least 10 months before your new home is ready to move into!

The Rowan, Plot 2 at The Chase, is being transformed into a stunning Show Home. Adverts have been designed and placed in the Chester Chronicle and invitations have gone out to any and all interested customers.

Everyone is welcome to come along between the hours of 11am and 4pm on the Sunday to have a look at the excellent design and standard of finish that Archway achieve.

There are just 3 homes remaining on this exclusive development and they are not expected to be there for long. We will post an update after the day.

Keywords: Eddisbury Park, Sales