Why Buy a New Build Home

So, you’re considering a new build home? You’re not alone. A recent study by the Home Builders Federation (HBF) found that more than two-thirds of people in the UK would consider buying or building a new home.

There are many reasons why people choose to buy a new build – here we explore some of the key benefits.

  • Peace of Mind.  One of the main reasons people choose to buy a new build home is for the peace of mind that comes with it. When you buy a new build, you know that everything is brand new – from the kitchen appliances to the central heating system.
  • Your Choice.   When you buy a new build home, you get to choose the fixtures and fittings. This means that you can create your perfect home, exactly how you want it.
  • Shorter property chain.   When you buy a new build home, there is often a shorter property chain. This means that there is less chance of the sale falling through, as everyone in the chain is buying a brand-new property.
  • Investment potential.  Many people choose to buy a new build home as an investment. New build developments are often built in areas of high demand, which can lead to capital growth.
  • Lower running costs.   New build homes are often more energy-efficient than older properties. This means that you could save money on your energy bills.
  • Incentive schemes.    Some new build developments offer incentive schemes, such as the Help to Buy scheme. This can make buying a new build more affordable.

Buying Retirement Homes

For some people, buying a new build home is the perfect way to downsize in retirement. Newly built homes are often easier to maintain than older properties, and they can offer a more secure environment.

You’ll have all of the advantages of a new home, but many retirement homes include additional security features as standard, such as window locks, circuit breakers, and fire and smoke alarms.

Extra amenities such as personal alarm cables, video entry, and other enhanced security may be available in some cases.

Buying for Investments

Investors are increasingly looking to new build developments as a source of rental income. New built homes are often built in areas of high demand, which can lead to capital growth.

And with the Help to Buy scheme, investing in a new build development can be more affordable than you think.

Where to look for new build homes:

There are many new build developments being built across the country. To find a development of new build homes for sale near you, search online for ‘new build homes’ or visit the website of a national housebuilder.

From there, you can narrow your search by location, price, and type of property. If you are new to the housing market, you’ll also be able to explore the different ways of financing your big move!

So, there are many reasons why people choose to buy a new build home. Whether you’re looking for peace of mind, the perfect retirement home, or a solid investment, a new build could be the right choice for you.

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