<%@LANGUAGE="JAVASCRIPT" CODEPAGE="65001"%> Barrasford & Bird Worldwide

 

 

 
Halcyon Hills
 
Purchase Procedure
The purchase procedure for the Halycon Hills resort is conveniently split into four stages,
with the majority of the price due on completion of the whole resort. If you would like this to be explained to you in greater depth, please contact us on 0800 1 303 101 or info@bandbw.co.uk.

 
Payment Stage
Amount
 
Reservation fee: Fully refundable within 14 days
of reservation date
£1,000
 
Deposit: Within 30 days of contract date
10%
 
Deposit: Within 60 days of contract date
20%
 
On Completion
70%


Pre-contract

The first step once having decided upon a property within the resort is to reserve it in your name. A sum of £1000 secures your selected property for 30 days, in which time you will be sent a personalised contract for you to peruse.

If, within 14 days of reserving you decide not to proceed, we will fully refund your reservation fee. During this time we highly recommend one of our bespoke viewing trips giving you the opportunity to fully appreciate the location that Halcyon Hills enjoys and the charming island of Samos.


Post Contract

Having read, signed and returned the contract to us, your first payment of 10% is due within 30 days of the contract issue date.

The second payment is 20% of the purchase price and is due 30 days after the first payment. Therefore, you have 60 days from the contract date to pay the full 30% deposit, spread out over two payments.

Nothing else is then due until the resort is completed and you make the final 70% payment.

Finance

Contact us now for FREE financial assistanceReserve Today, Pay in 2011! There are various finance options available to you. One of the easiest methods of finance is to reserve your property today with just £1000 and pay nothing more until 2011. The developer pays towards the interest payments on your deposit and the balance of 70% isn’t due until completion!

Before completion:

The payment structure for Halcyon Hills is very straightforward.

  • 10% of the property price is payable within 30 days of the contract date.
  • 20% of the property price is payable within 60 days of the contract date.
  • 70% of the property price is payable when the property is completed.

Many investors have funds tied up in property elsewhere. If you decide to release this equity with finance and invest in Halcyon Hills, then the developer will pay your interest payments until completion.

So with just a £1000 reservation fee, you can secure a five star luxury property available at under the market value with minimal financial outlay and maximum capital gain.
We will be delighted to put you in touch with an independent financial advisor who can talk you through the options available to you.

After completion:

The remaining 70% isn’t due until completion; by which time your property has increased in value in-line with the market predictions and market valuations. Your property is now worth substantially more than when you first borrowed on its value. This means, there is now ample equity in your property from which you can mortgage and easily settle your finance.

When you come to mortgage your property after completion, the three year guaranteed rental return and anticipated 14% rental return thereafter substantially assist your repayments.

For an individual breakdown of how you can buy now and pay nothing until 2011; contact us free today on 0800 1 303 101 and our friendly advisors will be happy to talk you through the process.

 
* The developer will pay up to an 8% cashback per annum on client UK-sourced
finance secured for the first 30%. Cashback payments will be paid from receipt of the first 30% for a maximum of three years or until property completion (whichever is soonest). Halcyon Hills is not responsible for the repayment of any loans or mortgages and your property is at risk if you do not keep up repayments or loans secured upon it. Terms and conditions apply.
 

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