Off-plan schemes are sold with indicative completion dates. Delays of 2–4 quarters are common. Developer contracts typically permit 12-month longstops before buyers can rescind, check yours carefully.
Investment term
Completion date
The quarter/year an off-plan building is expected to finish.
Related investment terms
More from this category
BTL
Buying residential property to rent to tenants.
Cash-on-cash return
Annual net cashflow as a percentage of the total cash you invested.
Gross yield
Annual rent as a percentage of property price, ignores costs.
HMO
A single house let to 3+ unrelated tenants sharing facilities.
NHBC
The UK's leading new-home 10-year warranty provider.
Off-plan
Buying a property before it's built.
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