SECURE YOUR NEW HOME WITH £500 RESERVATION FEE AND JUST 5% DEPOSIT
Introducing Reserve to Buy by Strawberry Star. A new scheme that enables first time buyers to purchase an off-plan property at Lu2on with only £500 reservation fee and 5% deposit*
To find out more visit the Lu2on Show Home & Marketing Suite during our First Time Buyer Open Days
Thursday 13th & Friday 14th June
9.30am - 6.30pm
and
Saturday 15th & Sunday 16th June
10am - 4pm
Lu2on Show Home & Marketing Suite, Cubix, 5th Floor, Hampton by Hilton, 42-50 Kimpton Road, Luton, LU2 0FP
Please write to hello@lu2on.com or call on +44 20 7781 8899 to reserve your place.
Reserve to buy
Introducing the Strawberry Star Reserve to Buy scheme
  • If you're a first-time buyer looking to purchase a new home, then buying off-plan can be a fantastic opportunity.
  • That's why we've launched the new Reserve to Buy scheme, allowing you to secure your new Strawberry Star home sooner.
  • The Reserve to Buy scheme gives you an opportunity to secure an off-plan residential property (priced up to £600,000 in London or £437,600 in the South-East) of your choice, at today's market price, for just a £500 reservation fee.
  • Should the value of the property increase in the future, you will still pay the price agreed on the day of reservation.
  • The Reserve to Buy scheme enables you to secure your property with a deposit of just 5% of the total price.
How does it work?
  • If you are a first time buyer looking to buy a new home by Strawberry Star, but you don't have a 10% deposit available, then Reserve to Buy could be the right option for you.
  • Following qualification with our independent financial advisor, you can secure your new home by paying a £500 reservation fee. A 5% deposit will then be required upon exchange of contracts.
  • Strawberry Star will undertake a conditional exchange with a complete refund option if your circumstances change, subject to terms and conditions.
Who is eligible for Reserve to Buy?
  • First-time buyers looking to purchase a new home, off-plan.
  • Applicable only to off-plan properties by Strawberry Star.
  • Buyers must be eligible to secure a mortgage six months prior to completion.
Terms and Conditions of Reserve to Buy
  • Arrange an appointment with the sales team of Lu2on to discuss your purchase options and be qualified as an applicant.
  • Choose the property you want to purchase.
  • Your reservation fee will be £500.
  • The exchange of contracts must occur within 28 days, with a 5% exchange deposit (less reservation fee).
  • The exchange of contracts is conditional on your ability to secure a mortgage offer.
  • If the property is less than 9 months away from completion you can commence your formal application.
  • If you are unable to secure a mortgage offer then you will receive a full refund of the reservation fee and exchange deposit. Any other costs incurred by the purchaser are non-refundable.
  • If you successfully receive a mortgage offer then contracts become unconditional and you have a legal obligation to proceed to completion.
  • Completion notice will be served when mortgage offers are received, legal formalities are completed and the unit has achieved practical completion.