High demand for new apartments in Poundbury

Estate agents have noticed an influx of ex-pat Brits moving back to the UK from sunnier climes, according to recent reports, with figures showing that buyers are taking advantage of current exchange rates to get more for their money in the UK.

It’s a noticeable trend at CG Fry & Son’s brand new collection of apartments in Poundbury, where buyers have taken advantage of the low-maintenance nature of the homes as well as the development’s close proximity to the coast and charming seaside towns.

Perfectly located, the site near the Jurassic Coast is just a short distance from the highly popular towns of Bournemouth and Poole, and is attracting interest from a range of buyers, including those currently living overseas.

Caroline Hill, Sales and Marketing Director for CG Fry & Son, said: “There has been a great deal of interest in the first apartments we released at our Poundbury development, which has resulted in over 75% already sold.  There are now just five remaining.”

“We’ve seen our fair share of Brits looking to move back ‘home’, and have found that our apartments in Poundbury are offering them exactly what they’re looking for – a high build specification, plenty of space, lower energy bills, and all based in a great location. 

“With Poundbury being such a desirable and sought-after place, it is no surprise that the homes are in such high demand.  We have a selection of two bedroom houses available for sale, maisonettes and a coach house. I would encourage potential home buyers to call the sales office now to ensure they get their pick of the plots.”

Help to Buy is also available at the development, making it easier for buyers to purchase with a smaller deposit and mortgage.

The Help to Buy scheme is designed to help people get onto or move up the housing ladder by enabling buyers to secure a property with just a five per cent deposit and 75 per cent mortgage on homes priced up to £600,000.

The remaining 20 per cent is provided as an equity loan from the government, which is interest-free for the first five years.

Prices for the apartments start from £199,950, with two bedroom houses and maisonettes currently available from £289,950.

For more information on the homes available at Poundbury, call 01305 259600 or visit www.cgfry.co.uk