Terms & Conditions

General Terms

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Updated: 3rd August 2021

Any promoted Laurus offer is subject to contract and status. Offers are on selected plots only and are subject to availability. The offers advertised cannot be used in conjunction with any other offer on the same plot unless expressly stated otherwise. Prices and details are correct at time of going to press. All images are typical of Laurus Homes plots and are for illustrative purposes only. Please contact the development in which you are interested in further details.

Laurus reserve the right to withdraw or alter any of these offers at any time prior to the payment of a reservation fee. Contracts must be exchanged within 6 weeks of reservation of your property. Failure to do so may result in the loss of all or part of your reservation fee.

Laurus Homes is a trading style of Trafford Housing Trust Limited Group, Registered in England and Wales Reg No 04831118, THT and L&Q Developments LLP company number: OC415539, THT, and L&Q Community Ltd Company number RS007613 with registered offices at 126 – 150 Washway Road, Sale, M33 6AG.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Move Easy Scheme | Terms

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The following terms and conditions are applicable to anyone that enters into an Move Easy agreement with Laurus Homes. 

  1. The promoter of this offer is Laurus Homes, the trading name of THT Developments Ltd, THT and L&Q Developments LLP and THT and L&Q Communities Ltd of which all are registered to Sale Point, 126 – 150 Washway Road, Sale, M33 6AG. 
  2. Our Move Easy Scheme is available on selected developments/plots and is subject to terms and conditions. 
  3. You must enter into an Agreement with Laurus Homes concerning the sale of your existing property, which will include a time period for the Agreement. A sample of our Agreement can be obtained from your local sales centre. 
  4. You agree to Laurus Homes appointing a nominated estate agent who will market and sell your existing property. 
  5. You agree you will have no control over which estate agent we instruct and/or the terms of that appointment. 
  6. You agree not to instruct another estate agent to sell your existing property until your Move Easy agreement has ended, that no party is currently negotiating to purchase your existing property and that no introduction has already been made by another party. If you do appoint another estate agent, this may result in the cancellation of the Move Easy agreement and no contribution will be paid by Laurus Homes towards the selling fees of your existing home. 
  7. In the event that any existing contract with your estate agent cannot be cancelled without penalty, or if there is a penalty for dual agency, Laurus Homes will not be liable for any extra fees as we cannot be responsible for obligations contained in third party contracts. Please note that you will be liable for dis-instructing your existing estate agent and for any abortive costs or dual agency fees according to your contract. 
  8. f your purchase of the Laurus Homes plot does not proceed for any reason, but prior to exiting from Move Easy you sell the above named property to a purchaser who was introduced by one of the appointed Move with Us ‘Move Easy’ Estate Agents, you will be liable to pay the whole selling fee of 1.5% + VAT of the final selling price to Move with Us - this will be applicable for a six month period from the date of your reservation with Laurus Homes.
  9. We agree to pay up to £2,500 excluding VAT of the estate agent’s fee (which are paid via Move With Us) for marketing and selling your existing property provided you legally complete on the purchase of a new Laurus home. The vendor will be responsible for any balance to be paid directly to us on legal completion of the purchase of your new Laurus home. 
  10. You agree to allow reasonable access to your property for viewings and survey purposes and to co-operate fully with our estate agents in their endeavours to market and sell your property. 
  11. Offer can be withdrawn at any time. 

RECOMMEND A FRIEND | TERMS

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Subject to status, legal completion and Laurus Homes terms and conditions and the use of nominated sources where applicable. Cannot be combined with any other offer. The voucher must be fully completed and handed to our Sales Advisor at the time of reservation at the development where your family or friend wishes to purchase their new Laurus home.

At the time of giving the voucher, the person recommending must have already purchased and completed on their own Laurus home. The form must be signed by all parties (referrer, the person/people referred and the Sales Advisor).

Only one Reward voucher can be used per home purchase and the payment of £500 becomes payable on legal completion of the purchase of the new Laurus home taking place. We will confirm in writing that the reservation has been made and will pay within 28 days of legal completion the sum of £500 to the proposer named. This amount is paid to you in gross and you will be responsible for a deduction should it be applicable. This incentive applies to selected plots only and is subject to legal completion as agreed at the time of reservation. This incentive is not available to employees of Laurus Homes, any person connected or related to such an employee, Laurus Homes’ agents or any person either connected professionally with this incentive or offer or acting in a business capacity.

The £500 is not exempt from income tax or any other tax. The recipient of such a fee is responsible for the declaring and paying of any tax that may be due. Laurus Homes reserves the right to withdraw the incentive at any time.

STAMP DUTY CONTRIBUTION/PAID | TERMS

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  1. Offer applies to selected plots and developments only, subject to status and availability.
  2. Offer is to pay a sum equivalent to the purchaser’s Stamp Duty up to a maximum of 3% of the purchase price of your new Laurus home. The amount of the Stamp Duty contribution will be made clear on your reservation agreement.
  3. Payment of SDLT (Stamp Duty) is made via appropriate value deduction on final completion statement on the date of legal completion.
  4. Purchaser’s intention to take advantage of this offer must be disclosed at the time of reserving a property and recorded on the Reservation Form.
  5. Shared Ownership and buy to let plots are excluded from this offer.
  6. Stamp Duty Land Tax (SDLT) changes for plots completed on or after 22 November 2017 for first-time buyers. There will be no SDLT due for first-time buyers who purchase a property up to the value of £300,000 in England (excluding London). For first time buyers who purchase plots over £300,000, SDLT will be charged at 5% on the portion from £300,001 to £500,000.
  7. Offer cannot be used in conjunction with any other Laurus Homes offer.

DEPOSIT PAID | Terms

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1. This offer is available on selected developments and plots only, subject to status and availability.
2. This offer cannot be used in conjunction with any other Laurus Homes offer.
3. Recommended Solicitors must be used in order to qualify.
4. This offer is not available on Buy to Let property purchases.
5. Subject to lenders approval.
6. This offer is for Laurus Homes to contribute up to 5% deposit contribution towards the overall purchase price of the property, up to a maximum contribution of £15,000 whichever is the lower amount.
7. Eligible purchasers must declare their intention to claim the deposit contribution at the time of reserving a property and before any other offer is applied. 
8. This sum will be agreed prior to the reservation of your property.
9. Laurus Homes’ contribution is paid to the purchaser’s solicitor at the time of completion. Purchasers must meet the lender’s mortgage eligibility criteria.
10. Exchange of contracts must take place as per the terms of the reservation, within 6 weeks of the date of the reservation.
11. Legal completion must take place on or before the date agreed at the time of reservation. Laurus Homes reserve the right to withdraw or alter the terms of this offer at any time prior to payment of a reservation fee.
12. This offer is available on residential properties to eligible purchasers buying the property with cash or with the aid of a mortgage (eligible purchasers must meet their lender’s mortgage eligibility criteria however) and does not exclude eligible purchasers from qualifying for Help to Buy.
13. We reserve the right to withdraw this offer at any time without prior notice.
14. Following withdrawal or termination of any offer, we reserve the right to extend, reintroduce or amend any such offer as we see fit at any time.

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