There are lots of advantages to buying a brand new home including those listed below.
Help to buy
One of the key advantages of buying new is the Government’s Help to Buy Scheme. Help to Buy funding is set to continue until 2021 and is available to all homebuyers, not just first time buyers.
Saving for a deposit to get onto the property ladder can be difficult. With Help to Buy you can purchaser a ne w home with only 5% deposit. This can be topped up with a Government backed equity loan of 20% , which gives buyers access to 75% loan to value mortgages which offer extremely competitive rates.
Help to Buy is available on most of our new build propertis. For further information on the scheme please speak to one of the new homes team or visit www.helptobuy.gov.uk
Purchaser choice of finish
Most developers allow you to personalise your new home if you reserve early enough. Subject to build stage purchasers can often input to the style and colour of kitchen units, worktops and tiling; and floorcoverings. Some developers even offer a bespoke service where purchasers can input to minor changes to layout and specification to suit their individual needs.
Many people who buy a second hand home spend thousands of pounds and hours improving the home to get it up to modern day standards. With a new home, you simply move your furniture in and start living. New Homes feature many low-maintenance features like the latest Upvc doors, windows and fascias, which do not need painting and will be very low maintenance for years to come.
Energy bills have increased year on year and are a key consideration for any purchaser buying a house.. Building regulations are improving all the time and new build properties are much more energy efficient that older properties and can generate up to 60% less CO2 emissions than second hand homes, helping the environment and saving you money! All new homes come with the latest technology including energy efficient condensing boilers and high levels of thermal insulation.
All new homes are designed and build to the highest building standards and these are improving all the time. How we live in our home has changed significantly over the years and modern homes are designed to meet the demands of modern living and businer lifestyles by maximising space and natural light. On average a new home provides 17% more useable space when compared with some older properties.
Peace of Mind
For extra peace of mind new homes come with a 10 year new build warranty provided by one of the leading insurers including NHBC, LABC or Premier
In 2010 the Consumer Code for House Builders was introduced. This is a set of mandatory rules that all house builders must meet in their marketing, selling and after-sales service of new build homes. The Home Warranty Bodies require all their registered builders to adopt the code as a condition of their registration. This is good new s for buyers; it ensures they are treated fairly, know what level of service to expect, and ensures that they are given reliable and accurate information on which to make their decisions. A copy of the code is provided to anyone making a reservation on a new build property. You can view the code here www.consumercodeforhomebuilders.com