There are a number of different options for purchasers of offplan properties.
1. Live in the Property
The most obvious choice! This will often suit first time buyers or people looking looking to save up to 20% off the property price.
2. 'Flip' the property
Flipping a property involves an investor buying the property with the intention of selling it before completion and making a profit in the capital growth.
By doing this, the investor is not paying any stamp duty fees and only making a number of smaller stage payments. This strategy does necessitate the investor having to find a buyer for his property before it completes.
If you are in the process of 'flipping' a property, then you can advertise your property for sale for only £1 a day.
3. Buy to Let
You buy a discounted property 'off-plan- with the intention of renting it out when it is completed.
If you are in the process of 'flipping' a property, then you can advertise your property for sale for only £1 a day.