Why buy a new build house?
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
- 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:
- Water-saving systems
- Low CO2 emissions
- Double-glazed windows
- Efficient boilers
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: firstname.lastname@example.org
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
What protection should i consider when getting a mortgage? For most people, the biggest expense in life will be the mortgage for their house, so it makes sense that you think about getting protection in case you need help to pay your mortgage at some point in...
What is a ‘Mortgage in Principle’? When you are in the early stages of applying for a mortgage, you may come across a number of terms that you are not familiar with or that you do not fully understand. The term ‘Mortgage in Principle’, sometimes referred to as a...
How to Get a Credit Score for Free There are certain times when it is important to have a good idea of how your financial background will be regarded by potential lenders, for instance, when you are applying for credit and particularly if you are applying for a...
Does gambling affect your mortgage application? Applying for a mortgage is a process that will involve heavy scrutiny of your financial history and current income and expenditure. A house mortgage is probably the biggest loan you will ever take out, so banks will do...
What is a residential mortgage A residential mortgage is a loan of finance that enables someone to acquire a house to live in. The mortgage will usually be provided by a bank or building society, with a term agreed over which to pay back the loan. The amount...
Are you planning to get a mortgage, but don’t know where to start? This ultimate guide to mortgages will tell you everything you need to know to secure yourself a mortgage.
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