Buying a new build home comes with a huge range of benefits, from clean, modern fittings and increased safety and security, to incentivised purchase schemes and cheaper energy bills.
We’ve compiled a list of reasons why today’s buyers are ditching character for contemporary and choosing to purchase a new build home.
Getting a foot on the property ladder
There are some brilliant purchase schemes available with new build homes, which make getting onto the property ladder a lot more affordable. With the Help to Buy equity loan scheme, the government lends up to 20% of the cost of your new-build home, so you only need a 5% cash deposit and a 75% mortgage to make up the rest.
Your home, your way
New homes are bright and clean and ready to be decorated to your personal taste. More importantly, you won’t need to worry about scrubbing services or replacing outdated bathroom fixtures or patterned carpets!
If your house is not completed, you may also be able to completely dictate the way it’s decorated and designed. That includes choosing your cabinets, appliances and countertops, and even the layout of the place.
Save money on your energy bills
New homes have been built to be much more energy efficient, so you are likely to make big savings on your energy bills whilst helping save the planet. Furthermore, you won’t find single-pane windows like you might in an older property, so new build properties are typically much better insulated.
The majority of new homes offer increased security and safety with state-of-the-art alarm systems and 24-hour concierge.
A large number of new homes are built with a range of on-site amenities like swimming pools, gyms and communal areas.
Most new homes are under warranty, so they come with added peace of mind that big repairs and replacements should be unnecessary a good few years.
No chain involved
One of the main appeals to a new home is that you don’t need to wait for the owners of the property to find a new home before you can move in. That means you can move into your new home quickly and stress-free, with the assurance that you won’t be let down.
If you’re looking to purchase a new-build property, or if you’re buying as a private investor, give us a call today on 0207 099 4000.