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We are pleased to confirm:
This programme essentially means we are exactly on track and we look forward to passing title to purchasers sometime during the 3rd quarter, 2022. If anything changes we will let you know with posts on this website.
Opportunity to settle early for Stage 1 purchasers
We may be in a position to pass titles earlier, to those Stage 1 purchasers (lots 1, 31-41) wanting to start construction early. This may require the purchaser to agree to a consent notice on the title, restricting residential habitation until the public services connect (due July 2022). This may suit commercial developers and those wishing to get ahead in their construction programmes, but purchasers will need to check the suitability of a consent notice (temporary as it may be) with their bankers, as it may affect your bank view of the title, until we lift the consent notice. If you are interested in this option, please email your lawyers to get in touch with our lawyers, or talk to your agent at Bayleys. This is Stage 1 purchasers only, through the same opportunity may arise for Stage 2 in July, if services are not connected yet and running late from Selwyn District Council (SDC). We note however that SDC appear to be on time with these services, so we expect no delay for services coming online as scheduled.
Of course this is all indicative, and subject to supply or development delays that can occur. But at this stage, we are right on track and we see no issues with the above timelines.
For 1906 Telegraph Road Limited