New build homes are more economical and energy efficient
New build homes are built for modern living. Everything inside is new and fit for purpose which means that you do not need to make allowance for major repairs or ongoing maintenance. Indeed, New Homes Week put the figure you can save when purchasing a new build home opposed to an older property at more than £50,000.
New build homes are also built to strict standards, making them more energy efficient. Modern construction prevents damp while other features such as cavity walls, double glazing and insulation provide long term cost savings for the buyer and reduce your household’s carbon footprint. Indeed, today’s homes are six times more energy efficient than houses built in the Victorian times.
New build homes are a blank canvas which can be personalised
One of the biggest benefits of new build homes is that they are a blank canvas, ready for you to put your stamp on and make it truly feel like “home”. When you purchase a new build home off-plan, there are often opportunities for personalisation. Buyers can choose their own kitchen surfaces, tiling, flooring, as well as other fixtures and fittings. That means you can spend less time up a ladder stripping ghastly pink wallpaper and more time enjoying your new home.
New build homes are safe and smart
New build homes are built to strict safety standards, which means they are safer and more secure than older properties. Fire resistant materials and technology are used in construction to prevent fire spreading for 30 minutes, allowing the safe exit of people in the household. New build homes often include security locks, burglar alarms and security lighting as standard.
New build homes also come with a ten-year structural warranty which protects you from any major structural defects and will provide significant financial savings should any problems occur; giving you peace of mind and helping you to sleep easier!
New build homes and their ease of purchase
New build homes may cost more than an older property with the same number of bedrooms but for first time buyers, the Government Help to Buy scheme requires only an initial 5% deposit, whereas you will likely have to pay a higher deposit for an older property and have some extra funds saved to carry out improvements and alterations after completion. New build homes also have the added benefit of having no upward chain. Compare this with an older property where there is the potential for catastrophe with chains, surveys, being “gazeboed” and people simply changing their minds right up to the exchange of contracts.