Last Updated: 13/10/2016
While you will likely have a number of options to consider when buying property, many people find their first choice is between a traditional home and a new build property. There are strong reasons to buy either style of property, and many people love the look and charm of a traditional property. However, it would be wrong to overlook what a new build property offers, because there are many benefits associated with buying a new build property.
New build properties are built for modern life
Modern life is extremely different from the lives of people who lived three or four decades ago, let alone the hundred or so years when many UK properties were built. This means that new build homes have been designed with the demands of modern life in mind. Something simple like having enough electrical points to satisfy the needs of modern day people makes a massive difference when it comes to ensuring a home is fit for purpose.
New build properties are inspected and come with a warranty
Anyone looking for a property that is ready to move into or let straight away will find that a new build property is the ideal option. New build properties are subjected to stringent tests, the majority of them will be inspected by an independent adviser and there is usually a warranty associated with the property. This means you can be confident that you are buying a quality home and you will have more time to yourself as opposed to undertaking DIY projects.
New build properties take you out of a chain
One of the biggest concerns for many people when buying a property is the deal collapsing through no fault of their own. When a property chain develops, with sellers also buying and every move becoming linked, there is an increased chance of the chain collapsing. When you buy a new build property, you aren’t relying on the selling party to conclude their deal.
This gives a great degree of confidence so if you want to take a lot of the stress out of buying property, consider a new build property.
New build properties offer “extras” as standard
For many people, installing a new kitchen or adding a stylish bathroom or wardrobe features will be an extra that they add to improve their home. There are many new build options that provide these fitted and specialist options as standard, allowing you to save time and money, while making the moving process a lot simpler and convenient.
New homes are usually constructed to a basic standard, suitable for all potential buyers, and then you have the chance to add your own flourishes and personal touches to create your ideal home.
New build homes can save you money
New build homes are generally more energy efficient than traditional homes and this should be borne out by the findings of the EPC (Energy Performance Certificate). There are countless little touches and benefits associated with new build properties that will save you money and you can find that your new build property is anything between 45% and 55% cheaper to run. According to figures released by National House-Building Council Foundation and Zero Carbon, this could save you £1,300 a year, and it’s all down to buying a new build property.
Other benefits provided by new build homes include:
• New build homes are more secure and utilise enhanced modern safety technology
• New build homes are less harmful to people with allergies or health concerns
• New build homes are more likely to comply with modern health regulations
• There should be less maintenance work required with new build homes
• A lot of people appreciate being the first family or residents to use the property
• New build properties are good at retaining or adding property value
If you are looking to buy new property, make sure you consider the benefits of a new build