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Why New Build Homes Are So Popular

Uncategorized   |   April 28, 2022   |   Wright & Co Estate Agents

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Whilst there are lots of different types of properties on the market throughout the UK and some people are still drawn to period homes with lots of character, new builds are becoming more and more popular. There has been a considerable increase in housebuilding over the last few years too and with more new homes on the market, lots of people are considering buying a brand new property rather than a second-hand home. 

 

If you’re currently house hunting and you’re wondering why so many people are choosing to buy new builds straight from developers these days, below we have looked into some of the main reasons why new homes are so popular. 

 

You can move straight into a new build 

 

Unlike older properties, when you move into a new home, you won’t have to worry about redecorating and you can settle straight in without any hassle. Not having to strip wallpaper, rip up carpets and repaint ceilings can make the whole moving process much more enjoyable, and you can simply unpack and start making your new house feel like home. 

 

There are no lengthy chains to worry about with new homes

 

Moving home is known for being really stressful and having a lengthy property chain can add to the stress. When you buy a new build, you won’t have a chain of buyers above you and this can reduce the worry of a break in the chain resulting in you being unable to go ahead with your purchase as planned. Brand new, chain-free properties can sometimes be quicker to purchase too as you won’t have to wait for other members of the chain to be ready to complete. 

 

New builds are aesthetically pleasing inside and out 

 

As you may expect, new homes are designed with modern living in mind and they are perfect for contemporary families. Not only do they feature open-plan layouts and minimalistic interior design, but they’re often built with ‘smart home’ features as well. You can guarantee that both the interior and exterior of your new home will be beautiful when you buy a new build. 

 

The cost of living is lower in new build homes

 

Due to the fact that all new build homes have to comply with the latest building regulations, they often have an Energy Performance Certificate (EPC) rating of A or B, which is higher than the vast majority of older properties. Having a more energy-efficient home can make a huge difference to your cost of living and you won’t have to spend as much to heat or cool your home throughout the year when you live in a new build. 

 

You get peace of mind with new build warranties 

 

All new homes come with warranties that cover defects that arise because of faults in the property design, workmanship or materials. Often, warranties last 10 years and during this time, defects will be put right at no additional cost to you. Having a warranty will enable you to rest assured knowing that you won’t have to pay any expensive repair bills if work is required. 

 

There are more mortgage options to explore with new homes

 

When you purchase a new home, you will usually have more mortgage products to choose from and there are various schemes available for this particular type of property. For example, the government’s new Help to Buy Equity Loan is only available for new builds and this scheme can help lots of people get on the property ladder. You shouldn’t struggle to find a suitable mortgage product for a new home. 

 

Looking for new homes in the Hatfield Broad Oak area?

 

It is easy to see why new builds are so popular nowadays and if you’re trying to find new homes in Hatfield Broad Oak, or the surrounding areas, contact our team at Wright & Co today. As the oldest independent agents in the local area, we have a wealth of knowledge and experience, enabling us to help you find the perfect property to buy. We have an excellent selection of properties for sale too and no matter what your individual needs may be, we can help you find a new home in the Hatfield Broad Oak area that meets them. Our team gives advice that is second to none and we can answer any questions you may have about the property market. We can assure you that there are no better estate agents to turn to. 

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