This can be an excellent method of maximising your investment funds, because you can often buy into a development at a discount of between 10% and 15%. Developers offer discounts to generate cash-flow and reassure their funders.
For investors, it literally means getting in 'on the ground floor' and watching their investment grow as the building rises - the result of ever-increasing property values in the under-supplied UK housing market.
City Red have excellent relationships with many leading developers, so we are often alerted to off-plan opportunities before anyone else. We can then advise our clients about appropriate developments and assist in the process of purchasing, as well as finding pre-qualified tenants to produce guaranteed rental income.
As a medium to long term investment, buying off-plan can achieve excellent yields and put the investor on the fast-track to building equity.