Make a head start on new home goals in Ilfracombe

LOWER rate mortgage options, energy efficiency, ease of maintenance and the chance to move before stamp duty rates change mean now is the time to buy a new home in Ilfracombe.

 

While the “Boxing Day bounce” will see a surge in people searching for property for sale, the company behind new homes at Seascape in Ilfracombe is offering buyers the chance to make a head start on plans to move.

 

Elan regional sales director Tracey Ball explained: “We’re encouraging anyone considering moving in 2025 to start doing their homework now and thinking about what they want from a new home including the location and size of the property, plus how much they can afford to spend on mortgage repayments, energy bills and stamp duty.

 

“With buying guides covering how we can help homeowners sell up using our Easy Move scheme or details of lower rate mortgage options, plus a mortgage checker available via our website, buyers will be in prime position come January to start working on their new home goals.”

 

Prices at Seascape start from £259,995 for a two-bedroom Georgeham, with an Atherington style property, also with two bedrooms, available from £299,995.

 

Elan has properties available that will be ready to move into before March 31, meaning they’ll be able to beat changes to stamp duty.

 

Both the Georgeham and Atherington will remain stamp duty exempt for first time buyers, but those buying their next home could face an increase in the amount of tax they’ll have to pay if they complete the purchase of their new home after April 1.

 

Subject to build stage, buyers will be able to customise their new home before they move in. Bringing an older property up to the same standard of a new build is estimated to cost around £70,000 according to research by the Home Builders Federation.

 

Recognising that many potential purchasers are likely to have a house to sell, Elan is offering Easy Move. The homebuilder will work with independent estate agents to market the customer’s property and even pay the agent’s fees.

 

Alternatively, buyers can use Own New Rate Reducer to access lower rate mortgages for the initial loan period, meaning lower monthly repayments.

 

Moving from an older property to a new home could lead to monthly savings of around £165 a month or £1,980 a year on energy bills, research by the HBF suggests.

 

The energy efficiency of Elan’s new homes in Ilfracombe also makes them eligible to be purchased with “green mortgages” which can offer more favourable rates or enhanced affordability.

 

The Elan website has a mortgage checker where you can put in the price of the home you want to buy, the deposit you want to put down and then see what your monthly mortgage repayments would be without affecting your credit score.

 

It also has a handy moving home checklist covering everything from arranging removals to giving meter readings to your utilities providers.

Elan’s new homes in Ilfracombe are being built within an established residential area, with nearby amenities including schools and a supermarket. The high street is less than half a mile away and is home to a range of independent retailers.

 

For those who want to make the most of living by the coast, Ilfracombe Harbour, Tunnels Beaches, Cheyne Beach and Rapparee Cove, are all less than a mile away,

 

Along with coastal walks, there are lots of green open spaces to explore, plus Exmoor National Park is within easy reach.

 

For more information about Seascape, see www.elan-homes.co.uk/developments/seascape/