Top Five Reasons to Buy a New Build Property

publication date: Mar 16, 2009
 | 
author/source: Kate Faulkner
Download

It’s a well known industry fact that those who buy a new build, tend to stick 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 a premium!
 
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 buying a second hand home.

1. It’s nice to think this is YOUR home and YOURS only!
Wouldn’t it be great to live in a home that no-one else has ever been in? Make your own mark? Be the first to use the kitchen and bathroom? For some people, the only home they can buy is one that has never before been used.

2. Sustainability
New homes have to be built to certain standards which reach strict government guidelines to ensure that they are energy efficient. This includes well insulated walls and floors; double glazing; energy efficient heating; draught proofing and energy efficient appliances and light bulbs. As a result, 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 saving you hundreds of pounds on your running costs every year. Annual maintenance on new appliances, such as boilers and painting costs etc should be lower too, depending on how well the property has been built.

4. Short chains and part exchange
The average number of homes in a chain to buy and sell is seven. Buying a new build can cut that chain down dramatically, reducing the stress of moving. It is also possible to buy a new build and sell your own property at the same time via a part exchange scheme where you buy the 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 is possible to make sure that some of the property is built in a way you want it to be. For example, you might be buying a five bed house, but only want four and one of the rooms bigger. You may prefer a better spec kitchen or bathroom.

For more information on buying a new build home, take a look at our property types section and check out our eBook and factsheets.  Do you have a property question you want an unbiased and independent answer to?  Contact the Designs on Property team, email enquiries@designsonproperty.co.uk or call us on 01652 641722.



Need help with a property problem? Have a question? Why not call Designs on Property on 01652 641 722 or Contact Us via email.
NALS Conference Chair 2016

Kate's Consumer Portal

Propertychecklists.co.uk

FREE Buy to Let eBooks

Download a copy of our
Buy to Let Show eBooks
for FREEsimply click on
the image below

Buy to Let Show - download our Buy to Let eBook for FREE