27th September 2021
Why buy a new build house?
Buying a new build house is a good option for first time buyers when it comes to choosing their new home. We know that everyone has different tastes and whilst some prefer period houses with character and features, others might prefer a new build property with a more modern feel, new environmental add-ons and typically a blank canvass which can be made their own.
There are lots of other reasons why to buy a New Build home:
Help to Buy schemes
There are various Help to Buy schemes available to you, including:
Visit our Help to Buy page – to learn more about this option.
There is no chain!
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.
Make it your own!
The property is a blank canvas to decorate as you see fit, and at your own pace.
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. 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.
Houses are now built to an excellent standard; from the new fixtures and fittings, to double glazed windows and well 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 find out more about New Build mortgages, click here.
Or feel free to contact one of our friendly advisers here or call 01332 588645.
With mortgage brokers in Winchester, Southampton, Farnham, Bishops Waltham, Alton, Chandlers Ford, Alresford, Romsey and Park Gate, you are never too far from mortgage help.
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
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