Buying a new build home

10th June 2020

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.

 

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.

 

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!

 

PERSONAL TOUCH

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

 

10-YEARS, 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.

 

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 sysstems, low CO2 emmissions, double-glazed windows, energy efficient boilers and insulation. New builds will be cheaper to run and maintain and the common sense approach to take.

 

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 www.chartersfinancialservices.co.uk or email hello@chartersfinancialservices.co.uk.

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I have used Kevin Hogan time and time again for mortgages secured to my home and a buy-to-let property. His service is faultless and he always delivers. I have also recommended him to various colleagues and friends and I understand that they have been very happy with the service he provides.

Amy L

June 2020

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