Advantages of buying a new build
Just like everyone has their own style when it comes to fashion, it’s the same when it comes to houses. Some people prefer period houses that have character and unique features, whereas others might prefer a new build property with a clean, modern look and feel that you can make your own.
For those of you who might be caught in the middle somewhere, weighing up the pros and cons of both, here are some advantages you can be sure to receive if you decide to buy a new build.
Help to buy schemes
There are various Help to Buy schemes available to you, including:
Help to Buy: Equity Loan
Help to Buy: ISA
Help to Buy: Shared Ownership
One of the most stressful parts of moving house is being caught in a chain and everything is out of your control. With new builds, you aren’t at the mercy of other buyers and the house is ready to move into straight away as you aren’t waiting for previous owners to move out. This ultimately reduces the amount of uncertainty often associated with moving house.
The only hold up you might have will be with the builder. Effectively, you can move as quickly as the builder can build the house.
Put your own stamp on it
The property will be untouched by any previous owners, leaving you with a blank canvas to work with and style up as your own.
When you buy a new build house, you’re protected by a home warranty. This means you can relax knowing that should anything untoward happen, you’re covered for up to 10 years.
The day to day running of a household can be quite expensive once you’ve broken it down by electricity, water rates, heating etc. All new builds are built to the latest building standards, which includes:
Low CO2 emissions
New builds are now roughly 50% cheaper to run than much older houses, this could equate to an annual saving of £1,410 for a 4-bed detached house through to a £440 saving for a 1-bed ground floor flat.
New build houses are built to an excellent quality, from the new fixtures and fittings to lightweight trusses in the roof, double glazed windows and insulated walls.
The builders also work closely with local planners and the Environmental Agency to ensure they are creating a development that isn’t at risk of flooding.
To speak to an adviser that specialises in new build, please don’t hesitate to get in touch with us today and we’ll be happy help answer any questions you have.
For further information call: 01789 201 914
Or email: email@example.com
Contact our expert advisers now
Call free from landline or mobile
Not the right time for a call? Email us and we can arrange a good time to discuss your needs
Buying a house with a friend could be a great way for you to get on the property ladder quicker than if you were buying by yourself, plus, you won’t have to take the financial hit quite as hard when there’s someone to share the cost with. However, there can be some...
As we’ve seen from our previous article, there are many reasons why you might want to buy a new build home. Many people like the fact that the property comes with the safety net of guarantees, plus you can choose your own fixtures and fittings that suit your style,...
Just like everyone has their own style when it comes to fashion, it’s the same when it comes to houses. Some people prefer period houses that have character and unique features, whereas others might prefer a new build property with a clean, modern look and feel that...
While moving home can be one of the busiest and most stressful times in your life, sorting out your mortgage doesn’t have to be. In fact, mortgages can be pretty straightforward when moving home, whether you take your current mortgage with you to your new property or...
We all know that feeling when your house becomes so full that you feel like you can’t see the wood for the trees. If this sounds familiar to you, then it’s time to sit up and finally de-clutter your house, once and for all! Over the years, your belongings build up....
There may come a time when you want to use the money that is tied up in your home for something else, such as for home improvements. Going through this process is known as releasing equity.
Once you’ve settled into your mortgage and have gotten used to your new outgoings, you may find that you have a bit more disposable cash than you first thought. So the next question is: what should you do with the money?
Your home may be repossessed if you do not keep up repayments on your mortgage.
There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances and loan amount. The fee is up to 1.5%, but a typical fee is 0.67% of the amount borrowed.
©2019 |CAPC is a trading name of Christopher Allen Private Clients Limited which is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the financial conduct authority.
Christopher Allen Private Clients Limited. Registered Office: 7 Arrow Court, Adams Way, Alcester, Warwickshire, B49 6PU. Registered in England Number:08820469