300+ 20,000+
$10,000 $50,000,000

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Off Plan Properties in London

Off Plan Properties in London

Copperstones Off Plan Properties in London

Embrace the cosmopolitan charm of the British capital with our off-Plan properties. From elegant penthouses overlooking the River Thames to contemporary townhouses nestled in prestigious neighborhoods, London offers a tapestry of architectural marvels that define luxury living at its finest.

How to Buy Off Plan Property in London?

These are the 5 main steps for buying an off-plan home in London.

STEP 1 — PREPARE YOUR BUDGET

During this step, you need to estimate your budget, save a deposit (10%-20% of the property value), and speak to a mortgage adviser to know precisely how much you can afford.

STEP 2 — FIND THE RIGHT PROPERTY

Once you know your budget, continue researching the off-plan market and find which homes fall within your finance. Then, contact a developer and pay a reservation fee if you want to secure a chosen home (typically 2500 - 22,000.

STEP 3 — APPOINT A CONVEYANCER TO SORT OUT LEGALITIES

Find an experienced solicitor who will help you manage all the paperwork that comes with buying an off-plan property and assist you with the purchase.

STEP 4 — ARRANGE YOUR MORTGAGE, CONTRACTS EXCHANGE, DEPOSIT

Arrange and finalise your mortgage with a lender, who will most likely want you to organise a property valuation. After that, you get your mortgage, sign contracts with the developer, and pay an exchange deposit (different from a mortgage deposit; around 10% of the property value). Exchanging contracts means you are legally obliged to buy the property.

STEP 5 — PREPARE FOR THE COMPLETION DATE

You will get a completion date from your developer, and your finance should be in order before that day. Then, pay the remaining price and the Stamp Duty Land Tax (SDLT), if applicable. Finally, you will get your keys to your new dream home in London.

Interested in Off-Plan Properties in London?

Please submit your enquiry and a member of our team will get in touch with you soon.

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