BENEFITS OF NEW BUILD HOMES
With an expanse of new build homes being developed and sold across the country, it is wise to consider the option of buying a new build property when moving house. Buying a new build has many pros- a brand new house, new appliances and a purpose-built community.
However, it can sometimes be challenging to visualise and understand all the benefits, so we’ve highlighted the most prevalent ones in this blog.
BRAND NEW HOME AND POTENTIAL INVOLVEMENT IN THE PROCESS
When buying a new build home, you truly are starting with a blank canvas. Many people will have lived in an older home before you, and each person will have made it their own- changing wall colours, décor, appliances and flooring.
Everybody has different tastes, which means that you may have to do lots of work to make an older house your home. With a new build, you may be involved in the decorating process, with the ability to choose carpets, tiling and sometimes even entire kitchens- making your house a home from the get-go.
A new build will also be decked out with brand new, top of the range appliances, ensuring you won’t have to do any tricky repairs or expensive replacements once you’ve moved in. Because of this, you will find far more modern and technologically advanced appliances in new build homes- in an older home; you may have to replace things like ovens and dishwashers to have them up to your standards.
Overall, a new build will be in pristine condition, making the move a swifter experience.
PEACE OF MIND
Unlike older homes, new build properties will be covered by a ten-year warranty- usually by the National House Building Council (NHBC).
The warranty begins from the point of the exchange of contracts, meaning that if anything goes wrong with the completion of the property or you have any problems once you’ve moved in, you’re entitled to financial compensation.
Once you’ve moved into the property, the warranty is split into two sections- the defects insurance period and the structural insurance period. The defects insurance period lasts for the first two years, and the structural insurance period lasts from years three to ten.
This gives you cover for faulty pipes, plumbing, and wiring problems.
Not only will you be moving into a modern, pristine property, but you won’t have to spend a fortune if things don’t go to plan. This is undoubtedly one of the most significant benefits to buying a new build home, especially if you’re a first-time buyer and don’t have much experience with the process; this will certainly put your mind at ease.
SENSE OF COMMUNITY
Within many newly built developments, there will be an overall sense of community along with well thought out amenities. Because the houses are brand new, many people will be moving in at similar times, and most will be new to the area- it will be easier to form bonds as you can discover the area together.
You will find people in the same stage of life as you and if you have children, you may find people with the same age children as you. Many parents crave a safe and stable environment to raise their children in, and a new build community would be the perfect place to do so. Here, they can grow up with others at a similar age and make memories for life.
You will also be moving into a ready-made community, which may have brand new facilities such as schools and gyms. The community will be fit for modern life, so amenities will be laid out appropriately and accessible to the disabled.
If you prefer to be away from the action, don’t worry! There are plenty of smaller developments that consist of only two or three houses- there is a new build for everyone.
BUYING WITH EASE
Moving or buying a house can certainly be difficult, especially if you’re part of a long chain or trying to negotiate with sellers adamant about selling at a particular price.
There is no onward chain with a new build house, which only enforces the security that buying a new build home gives you. You will also not run the risk of a seller in the onward chain pulling out, which would certainly put your mind at ease.
The price of a new build home can also be easier to negotiate in some cases. Most of the time, there will be less demand for specific properties because of plot size and location, making them harder to sell. If a property is almost finished and no buyer is in place, it will be far easier to negotiate a better deal on the house.
Buyers will also offer incentives such as certain appliances and sometimes even help with the deposit. This is not something you would receive with an existing property.
When buying a new property, you are often buying off a developer, and you are purchasing one of many houses, so it isn’t as personal. If you were to buy an older home, you might be dealing with people that are attached to the home or have lived there for many years- they would regard their property very highly and may be less willing to offer these excellent deals.
We understand that buying and selling houses can be extremely difficult, which is why you should invest in a good quality estate agent to guide you through the experience. At https://alexanderlawrencemk.co.uk/, we offer a wide range of professional services to help you through the entirety of your move.
Whether you’re buying a new build or an older house, we’re here to make your experience easier.
There are some outstanding advantages to buying a new build home, but it may not be the best option for everybody. In this blog, we have highlighted the significant benefits, but there are many minor ones that may be subjective to some. Hopefully, this has aided your decision and highlighted whether a new build is right for you.
Written by Tom Lawrence
We’re proud to say that we are rated one of the best Estate Agencies in Milton Keynes by “Best Estate Agents Guide 2021”. This award is supported by Rightmove and Property Academy.