Buying a new build home

10th June 2020

All you need to know about buying a new build home

Focusing on a new build property is another choice available to homebuyers – such as prioritising a detached property, townhouse, cottage or perhaps a bungalow. And, whereas some prefer to opt for period features or character charm in a second hand home, there is also the new build route – a blank canvas to put your own mark on it.

Weighing up the pros and cons of both is the best way to decide which route to take and here are some advantages if you decide to buy a new build.

  1. Help To Buy Schemes

There are various Help To Buy schemes available to you. Help to Buy is a government initiative that’s helping first-time buyers and those moving home buy a brand-new home with just a 5% deposit. As long as the property you want to buy is a new-build home valued at less than £600,000, you could qualify for the scheme.

We’ll talk you through our lenders’ criteria and find the right product for you so you can start looking for your perfect home with absolute confidence and peace of mind.

2. No Chain

This can be a very attractive reason to choose a new build home – removing a sometimes-stressful element of moving property. Alleviating the chain means you stay in control and won’t be at the mercy of other buyers and the house is ready to move into!

3. Blank canvas

The property will be untouched by any previous owners, leaving you with a blank canvas to work with and style up as your own.

4. 10 Year warranty, guaranteed!

New build homes come with a 10-year protected warranty, so if anything went wrong, you’re covered for up to 10 years. This, obviously, isn’t the case when you built a ‘second hand’ home.

5. Eco-friendly

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, energy efficient boilers and insulation. New builds will be cheaper to run and maintain and the common sense approach to take.

6. Excellent quality

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 one of our Mortgage & Protection Advisers that specialises in new build, please call us on 08454 500200, visit or email

< Back to News and Blog

financial adviser and I’m so happy with the service provided, firstly by Stephanie, explaining all my options clearly and concisely and helping me get the right mortgage and supporting insurances sorted at the beat rates for me. Secondly Stephanie has a fantastic administration assistant Cara who processed, actioned and chased everything up and kept me informed at every turn. Both Stephanie and Cara sorted out my remortgage and all the insurances set up in just under a month from beginning to end, which I was absolutely amazed at how quick and almost effortless the whole process was. I am very thankful to all at Charters Financial Services for their dedicated and thorough service, their fantastic communication throughout and I can’t recommend them highly enough, and I will be using them again in the future for future mortgages. Thank you Stephanie and Cara

Mark S

April 2020

Get the Right Mortgage Advice