It’s a favorite industry proven fact that people who buy a new build, often stay with new builds, but why do some people only buy a property that’s just been built, especially when you are likely to have to pay for reasonably limited!
However, with gas, electricity and water bills getting higher and higher and the pressure to become more’sustainable ‘, more people are turning to new builds instead of shopping for a used home.
1. It’s nice to think that is YOUR home and YOURS only!
Wouldn’t it be great to call home in a house that no-one else has ever experienced? Make your own personal mark? Be the first to use the kitchen and bathroom? For a lot of, the only real home they could buy is one that’s nothing you’ve seen prior been used.
New homes have to be created to certain standards which reach strict government guidelines to ensure that they’re energy efficient. Santa Rosalia Property Including well insulated walls and floors; double glazing; energy efficient heating; draught proofing and energy efficient appliances and light bulbs. Consequently, new homes are better for the environment.
3. Lower utility and maintenance bills
It’s estimated that new homes are six and half more times efficient than used homes, potentially saving you a huge selection of pounds in your running costs every year. Annual maintenance on new appliances, such as boilers and painting costs etc must certanly be lower too, depending how well the property has been built.
4. Short chains and part exchange
The average quantity of homes in a string to buy and sell is seven. Investing in a new build can cut that chain down dramatically, reducing the strain of moving. It can be possible to buy a new build and sell your own personal property at the same time frame using a part exchange scheme where you get the new build and the developer buys your property and sells it on.
5. Fit it out to your own personal spec
If you get off plan, it’s possible to ensure that some of the property is made in ways you want it to be. For example, you might be purchasing a five bed house, but only want four and one of the rooms bigger. You may prefer an improved spec kitchen or bathroom.
For more information on purchasing a new build home, take a look at our property types section and have a look at our eBook and factsheets. Are you experiencing a property question you want an unbiased and independent reply to? Call us on 0845 838 1763.
I have been a consultant to the property sector for a number of years and been renovating properties for over 20 years. I also have written a number of books, including four for Which? – Buy, Sell, Move House, Renting and Letting, Develop your Property and the Property Investment Handbook.
I’m currently one of the top property experts in the UK and regularly quoted in the press like the Telegraph, Independent, Times, Daily Mail and Express in addition to featured on a number of local BBC Radio stations.