Stags expands its New Homes department with nine specialist sales offices
Thu 17 October 2019
, Head of Stags New Homes department, discusses the future of this fast-expanding sector.
We at Stags are delighted to announce that we have recently invested in new technology to transform our New Homes department. While we have been working closely with developers over the decades to sell thousands of new homes, the firm is now devoting more time and resources into expanding this successful sector of the business.
Using our network of 21 offices right across the West Country, we are better placed than most to utilise the leads and contacts generated through the traditional property sales side of the business. Our research shows that while buyers may initially register with one of our 21 Stags offices in search of a more traditional home, a large percentage of these buyers then go on to purchase a new home instead. This cross-selling between and within our offices has resulted in a real upturn in the appetite for these traditional house buyers to now purchase a new home. Added incentives offered by our developers such as stamp duty savings, Help to Buy schemes, Assisted Move or part exchange sales often help to sway applicants in this direction.
This strong interest in the new home sector has led us to make significant investments to expand the department. While all of our 21 sales offices can help sell new homes, larger developments will be handled by the specific specialist offices, currently set up in Barnstaple, Bridport, Exeter, Honiton, Launceston, Plymouth, Taunton, Totnes and Truro. These specialist agents are at hand to assist our local offices in managing new homes sales across the West Country.
Focussing on North Devon for example, we know that the development plan here has no less than 13,500 new homes allocated across Barnstaple, Bideford, South Molton and Torrington, a fair percentage of which are already under construction. Our North Devon offices are already very active in the sector and are currently advising on a number of exciting new development projects, which are likely to enter the market during 2020.
Two of latest examples in the county include Sharp Rock at Mortehoe, two fabulous residential homes on an elevated site overlooking Woolacombe and, in South Devon, our Totnes office has just helped agree the sale of the last houses at the Baltic Wharf development above the River Dart.
The combination of our already hugely successful Waterside
department, coupled with our New Homes skills set will enable these homes to attract significant local and national interest.
Right across the West Country we are seeing new homes of varying shapes and sizes being launched to the market. Redundant agricultural barns, which have gained planning consent under Class Q, have been sold with planning permission in place, after which some fantastic conversions have been re-launched to the market. Our in-house planning experts are able to advise on projects like this to ensure the best results all round.
For further information about buying or selling new homes, please contact James Baker
on a private and confidential basis.