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Stamp Duty holiday drives sales at Oadby development

National Housebuilder Bloor Homes Midlands is seeing strong sales across its developments, fuelled by the Government’s Stamp Duty holiday.

Michele Rose, Regional Sales Director for Bloor Homes Midlands, said: “We have definitely seen an increase in sales across our sites in the Midlands region. Buyers have been taking advantage of not having to pay any stamp duty on properties up to the value of £500,000.

“This means that at our Cottage Farm development in Oadby, buyers can purchase a three- or even four-bedroom home without incurring Stamp Duty costs, potentially saving themselves thousands of pounds. “Although they are cautious, and are wise to be so, our buyers have been keen to take advantage of the benefits of moving now. It really is a good time to consider buying a new home.”

A selection of three- and four-bedroom homes are currently available and are proving extremely popular.

Michele Rose continues: “On top of the Stamp Duty holiday, we also have a £5K deposit boost and upgrade package on two of our plots at Cottage Farm.

“With only a handful of homes eligible for the Government’s Stamp Duty holiday, buyers will need to act fast to avoid disappointment. The homes have been in high demand with people either looking to make their first step onto the property ladder or looking for extra space. We have seen that confidence in the housing market is high and we are optimistic this will continue.”

Recent data released by Zoopla revealed that Oadby is one of the areas in the country that has seen the biggest increase in the price of family homes, with a 33.1% increase per square foot over the last four years, proving the attractiveness of this small, well connected town.

Potential buyers looking to move into a new home, will need to hurry as the Government’s incentive is set to end next month, and it remains unclear whether the Chancellor will extend the tax break.

Cottage Farm is just five miles from Leicester city centre. The development is ideal for every kind of homebuyer, with a mix of house types and sizes At Cottage Farm, you can enjoy all the benefits of living in a charming town, with excellent transport links and good local amenities right on your doorstep.

A range of homes is currently available at Cottage Farm with prices starting from £329,950.

For more information on how you can view the homes at Cottage Farm, please call 0116 298 7986 or visit www.bloorhomes.co.uk