Introducing our
Pennyfarthing Promise.
With over 40 years of house building experience, we understand that purchasing a new home whilst selling your current one isn’t always easy.
At Pennyfarthing we will make a promise to you: find your dream new home and we’ll give you peace of mind by taking it off the market for six weeks. You can then focus on selling your existing property.
What’s more, we will contribute to your moving costs with:
- Up to £10,000 towards estate agent fees for selling your current property
- £1,500 towards solicitors’ fees
- £1,000 towards your removal costs
- A £500 John Lewis gift card
How does it work?
Choose the new Pennyfarthing home you would like to purchase.
We will contact up to three estate agents local to you, via our friends at The New Homes Group, for valuations to be completed on your current property. We will then discuss and agree a suitable price to market it at.
You can then formally reserve your new Pennyfarthing home by making a £150 payment. We will take your chosen home off the market for six weeks.
Throughout the six weeks we will keep in touch with you and the agent appointed to sell your existing property. We hope by working together a sale will be achieved in this timeframe.
Once your existing property is sold and a complete chain is in place, you will convert to a ‘full’ reservation by paying the remainder of the reservation fee.
We will continue to liaise with your solicitor and the estate agent appointed to sell your existing home to ensure a smooth progression towards completion day, when you will receive the keys to your new Pennyfarthing home.
- The Pennyfarthing Promise is subject to availability and selected plots. Please speak to a Sales Advisor for further information.
- Total reservation fee of £2,000.
- £500 John Lewis gift card payable on legal completion.
- £1,500 towards solicitors’ fees applicable on referred solicitors only.
- £1,500 solicitors’ fees and £1,000 removal costs contributions include VAT.
- All offers subject to the terms of your Reservation Agreement which explains the conditions in which we may retain your Reservation Deposit.
- Pennyfarthing Homes reserve the right to amend or withdraw all offers at any time.
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