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The benefits of buying a new build property

by John Saunders
22nd Sep 22 11:23 am

Purchasing a newly built home can be a really rewarding experience and a great investment for your future. Here are just some of the benefits of buying a new home:

Availability

There is a fantastic range of new homes available for purchase on the market right now. This provides plenty of choices when looking for your new home without having to wait for months for additional homes to be slowly listed.

No chain

Arguably one of the greatest benefits of buying a new build is the lack of chain. This is particularly helpful if you are hoping to move relatively quickly as buying an older property can be a much more lengthy process. It is also useful if you are looking to sell your home quickly as it will be more attractive for prospective buyers if they are aware that the chain ends with you. The lack of a chain also removes the possibility of sellers changing their minds after accepting your offer, which can often happen.

Ready to live in

As well as being able to purchase quicker, new build homes don’t require any renovation meaning you can move into them much quicker and get settled straight away. This is appealing for young families or people who have relocated to a new area as it means you can get comfortable in your home in a short amount of time rather than having to live amongst renovation works for months.

Energy efficient

With the current cost of living crisis, combined with the increasing need to be more conscious of carbon emissions, a new build home is a wise choice. Frequently praised for their eco-efficiency, new build homes are typically built using energy-efficient building materials, with energy-saving features such as double-glazed windows, and fitted with modern appliances. All this combined means the homes are much more efficient than older properties. These green credentials are also required by the government, meaning the quality is standardised across many new homes.

Government schemes

In addition to influencing the efficiency of new build homes, the government also has schemes in place to make new build homes more affordable for first-time buyers. These include reduced deposits, additional loans, and shared ownership options. For first-time buyers, this really increases the accessibility of owning a home, particularly in the current market which makes it very challenging.

Customisation

If you commit to a new build at an early stage in the construction process, some developers offer the option for you to customise the property to your taste. This means you may be able to select worktops, cupboard doors, and other fittings.

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