It’s a well known industry proven fact that people who purchase a new build, have a tendency to stay with new builds, but why do some individuals only buy a house that’s just been built, especially when you’re likely to possess to cover reduced!
However, with gas, electricity and water bills getting higher and higher and the pressure to be much more’sustainable ‘, more individuals are turning to new builds instead of buying a used home.
1. It’s nice to think this is YOUR home and YOURS only!
Wouldn’t it be great to call home in a property that no-one else has ever experienced? Make your personal mark? Be the first to utilize the kitchen and bathroom? For a few people, the only real home they could buy is one that has never before been used.
New homes have 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 used homes, potentially helping you save hundreds of pounds in your running costs every year. Annual maintenance on new appliances, such as boilers and painting costs etc should be lower too, depending on what well the property has been built.
4. Short chains and part exchange
The typical quantity of homes in a sequence to purchase and sell is seven. Buying a new build can cut that chain down dramatically, reducing the worries of moving. It can be possible to purchase a fresh build and sell your personal property at the same time frame with a part exchange scheme where you purchase the brand new build and the developer buys your property and sells it on.
5. Fit it out to your personal spec
If you purchase off plan, it’s possible to ensure that a few of the property is made in a way you are interested to be. For instance, you might be investing in a five bed house, but only want four and one of the rooms bigger. You might prefer a better spec kitchen or bathroom.
For more information on investing in a new build home, take a peek at our property types section and take a look at our eBook and factsheets. Do you have a house question you want an unbiased and independent response to? Call us on 0845 838 1763.
I have already been a consultant to the property sector for several years and been renovating properties for over 20 years. I also have written several 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 such as the Telegraph, Independent, Times, Daily Mail and Express in addition to featured on several local BBC Radio stations.