It’s a well known industry fact that those who purchase a new build, tend to stay with new builds, but why do some individuals only buy a property that’s just been built, especially when you’re likely to possess to cover reasonably limited!
However, with gas, electricity and water bills getting higher and higher and the pressure to are more’sustainable ‘, more folks are embracing new builds instead of purchasing a second hand home.
1. It’s nice to believe this really is YOUR home and YOURS only!
Wouldn’t it be great to reside in a property that no-one else has ever held it’s place in? Make your own mark? Be the first ever to use the kitchen and bathroom? For a few people, the only real home they are able to buy is one that has nothing you’ve seen prior been used.
New homes need to be created to certain standards which reach strict government guidelines to ensure they are 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 second hand homes, potentially helping you save a huge selection of pounds on your running costs every year. Annual maintenance on new appliances, such as boilers and painting costs etc should really be lower too, depending on what well the property has been built.
4. Short chains and part exchange
The common quantity of homes in a chain to purchase and sell is seven. Investing in a new build can cut that chain down dramatically, reducing the worries of moving. It is also possible to purchase a fresh build and sell your own property at the same time frame via a part exchange scheme where you buy the brand new build and the developer buys your property and sells it on.
5. Fit it out to your own spec
If you buy off plan, it’s possible to make sure that a few of the property is built in ways you want it to be. For example, you could be buying a five bed house, but only want four and one of many rooms bigger. You could prefer a better spec kitchen or bathroom.
For more information on buying a new build home, take a peek at our property types section and have a look at our eBook and factsheets. Do you have a property question you want an unbiased and independent answer to? Call us on 0845 838 1763.
I have already 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 am currently one of many top property experts in the UK and regularly quoted in the press like the Telegraph, Independent, Times, Daily Mail and Express as well as featured on a number of local BBC Radio stations.