3rd April 2025 • The HERALD • Page 65 v INDEPENDENT, LOCAL AND PROUD v ASK A PROFESSIONAL Buy New, Pay Less: Pennyfarthing Homes Offers Up to £25,000 in Stamp Duty on Selected New Homes Zoopla reports that the upcoming Stamp Duty Land Tax (SDLT) threshold change in March 2025 will see 83% of homebuyers facing higher costs, with first-time buyers in southern England feeling the greatest impact. [1] Stepping up to address this challenge, familyowned housebuilder Pennyfarthing Homes is easing the burden for all prospective buyers looking for a new home by covering the SDLT charge - up to £25,000* - on select properties across four of its charming new developments. When the changes take e ect, the general threshold will reduce from £250,000 to £125,000, while the rsttime buyer relief threshold will reduce from £425,000 to £300,000. According to Zoopla’s analysis, this means an extra 20% of rst-time buyers will end up paying SDLT. Sheetal Smith, Sales and Marketing Director at Pennyfarthing Homes, comments: “Many first-time buyers are already challenged by the need to raise a deposit, and downsizers and secondsteppers looking for a new home may be put off moving by this extra cost. We want to help address this issue by giving our customers a helping hand with this offer.” e Pennyfarthing Homes o er will apply to select properties at its Potters Wood, Oakwood Grove, Whitsbury Green and e George developments, for reservations made between before 31st May 2025. Located in idyllic spots across Dorset and Hampshire, the developments deliver beautifullycra ed, stylish homes designed to meet a wide range of buyers’ needs. Potters Wood is an impressive collection of new homes, with a range of di erent property styles ranging from one to four bedrooms. Potters Wood features a diverse range of homes, from family-friendly houses and bungalows to stylish, modern apartments, which are an ideal option for both rst-time buyers and investors. Each apartment comes with allocated parking, and those on the rst and second oors enjoy the added bene t of charming Juliette balconies. Located in the picturesque Dorset town of Verwood, each house has its own private garden, while also providing easy access to over a thousand acres of park and forest at nearby locations, including Moors Valley Country Park and Golf Course. Peace, serenity and the beauty of nature are at the core of this thoughtfully-designed new community. Also in Dorset is Oakwood Grove, an exceptional collection of homes priced from just £161,000. Apartments, bungalows and houses o er a range of sizes and layouts to accommodate di erent needs, all with sophisticated exteriors that pay homage to the local area. Located in the quaint village of Alderholt, the homes are just 25 minutes from Bournemouth and 30 minutes from the bustling town of Salisbury, all while enjoying the renowned New Forest National Park on the doorstep. Over in Hampshire, select homes at Whitsbury Green in Fordingbridge are also part of Pennyfarthing’s exclusive o er. Known as the gateway to the New Forest, Fordingbridge is a historic market town on the banks of the River Avon, with stunning scenery all around. Less than a mile from the town centre, the homes are part of a thriving new community that features extensive public open space, including a new community play area for children to enjoy. Created with family life in mind, the homes are under 10 minutes’ walk from the local primary school, while a secondary school and sixth form college are also less than a mile away. e nal development included in the generous o er is e George in New Milton, Hampshire. Home to apartments with one or two bedrooms, and two-bedroom semi-detached homes, the development boasts superb internal speci cations that showcase Pennyfarthing’s outstanding attention to detail. Just a six-minute drive from the lovely coastal resort of Bartonon-Sea, with its sheltered swimming conditions and cli op golf course, New Milton o ers the best of market town life combined with easy access to the delights of the Hampshire coast. For more information, please visit: www.pennyfarthinghomes.co.uk/, call 01425 613 958 or email sales@ pennyfarthinghomes.co.uk [1] https://www.zoopla.co.uk/press/releases/stamp-duty-changesto-increase-buying-costs-for-83-per-cent-of-homebuyers/ • *Terms and conditions apply: • Offer available on new homes at Whitsbury Green, Potters Wood, Oakwood Grove and The George. • This offer is not available on First Homes at any of our developments. ª This offer is valid on selected developments and plots only, while stocks last and is subject to availability. • Offer applicable to reservations made between 1st March 2025 and 31st May 2025. • £21,750 can be saved on plot 4, The Northerbury, at Oakwood Grove on the market at £685,000 as of 14th January 2025. • Stamp Duty of up to £25,000 will be deducted on the completion statement at point of legal completion. This cannot exceed 5% of the asking price of the property being purchased. • This offer cannot be used in conjunction with any other offer or selling scheme and is subject to lender criteria, qualification and acceptance of cash incentives. • We reserve the right to withdraw this offer at any time.
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