Lifestyle Issue 7

Page 14

BUYING A HOUSE

WHY BUY NEW? Buying a new home offers a whole host of benefits to potential purchasers. From long-term savings as a result of increased energy efficiencies, to build quality that often exceeds regulation codes, it’s no wonder demand for new builds is on the rise.

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uying a house is quite possibly M OV E ST R A I G H T I N one of the biggest and most A frustration known too well to many important purchases you will who have previously bought a home is ever make. Once you have decided that the breakdown of a property chain – it the time is right to move home or even can often be a stressful and uncertain step onto the ladder and purchase your process. When buying a new build first home, like most house-hunters you there’s no need to wait for existing are faced with a question: to buy a owners to move out, which reduces the second-hand older property or a newly length of the house-buying chain and built one? the potential hassle of having multiple UK finance figures confirm that there’s parties involved. Better still, if you have a rise in the popularity of new build a property to sell first, Freeman Homes properties amongst offer a part exchange home buyers, showing scheme, so you don’t ‘YOUR NEW BUILD that in the year to June even need to find a 2018 there were 119,636 HOME WILL BE READY buyer. This means no new build homes AND FIT FOR PURPOSE chain whatsoever and bought using a no estate agent fees FROM DAY ONE’ mortgage compared to – definitely a 107,403 in the 12 win-win situation. months before, and 98,470 the year before that. M O R E F O R YO U R M O N E Y Furthermore, the 2018 National New Does moving into a new home fitted out Homes Survey reported that 90% of with a designer kitchen and bathrooms purchasers who had bought new, said featuring all the latest integrated they would buy a new build home again. appliances and ‘mod cons’ sound almost What is it about new build homes that is too good to be true? Amazingly, it’s not. becoming increasingly appealing to so New homes are built to a much higher many buyers? specification than the majority of older

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homes, and so you get much more for your money. On top of the already mentioned, central heating, doubleglazed windows, high standards of roofing, floor and wall insulation are all included in the price too. P E AC E O F M I N D

UK Building Regulations are at an all-time high and despite already exceeding standards, the quality of construction and service continues to rise. The result is exceptional quality, low maintenance properties that need little to no work in the early years. In contrast to the cost implications of upgrading a second-hand SPACIOUS BUILT IN CUPBOARDS ARE STANDARD