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Duke & Herzog
159 Fortess Road
London
NW5 2HR
Land & New Homes Marketing in North London
Our track record in New Development sales in the Camden and Islington boroughs is strong.
North London's most prolific developers like Cavendish & Gloucester, Noble House Properties and Paul Simon Homes rely on Duke & Herzog's particular expertise in Land & New Homes marketing.
Recent sites where we have successfully acted for our clients include 9a Bayham Street NW1, 251-259 Camden High Street NW1, 3-7 Islington High Street N1 and 124 Pentonville Road N1 where we consistently outperformed our competition.
Specialising in the sale of new developments and the acquisition of land and buildings with or without planning consent, Duke & Herzog is a professional and independent estate agency run by former architects.
We are extremely well-connected with private developers at senior board level and we have facilitated the introduction to key individuals and to the strongest potential purchasers, partners and funders.
We have hundreds of applicants registered on our database and our website links up to national search engines including PrimeLocation, Find a Property, Globrix, Evening Standard's Homes & Property and Property Live (the latter is only available to Licensed NAEA Agents).
Several developers benefit from our sales team's considerable experience with New Homes in North London and we have the ability to convey current market trends to new projects.
Irrespective of the scale of a new development, we offer specialist advice on concept, pricing, marketing & purchaser profiling before we launch off-plan or on site.
Buying a New Home
Whether you buy a completed new development or reserve a unit off-plan, the process of buying a new build is similar to any other property purchase.
Subtle difference is that the purchaser puts down a reservation deposit and signs a reservation form.
The terms of the reservation state the deadline for exchange of contracts (normally 21-28 days) and in which instances the deposit is refundable.
When exchanging contracts the document becomes legally binding and the property is then secured for the purchaser who is required to pay a deposit (usually 10% of the purchase price) to the developer's solicitor.
If you purchase a new home off-plan, the completion date is often many months and sometimes more than a year later.
We will keep the purchaser informed as to the progress of the construction and eventually the purchaser will receive a formal 'notice to complete' (usually ten days) and pay the balance (usually 90%) of the agreed sale price.