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OnTheMarket’s extensive advice section will put your mind at ease when you are looking to buy new build homes. Our in-depth guides and checklists will help you make the right decision when it comes to buying your next property.
Here are some tips, advice and research on why buying new might be the right option for you.
Can you move into a new home straight away?
Absolutely, you can move in as soon as your new home site has been completed. Buying a new home means ‘no upwards chains’, in other words, you don’t have to wait on the current homeowner to secure their new property before getting the greenlight.
Can you save money on new homes?
Generally when purchasing previously owned home, repairs and redesign costs, whether big or small, are expected to incur. These costs are largely eliminated when buying new homes, allowing you to concentrate on decorating to taste.
Can I personalise my new home?
Numerous new homes developers now allow home buyers the opportunity to personalise their new homes, where possible. This includes the ability to customise kitchen designs, tiling, appliances, flooring and more.
Do new home developers offer financial incentives?
Yes, homebuilders are able to provide numerous purchasing options, including: Deposit Paid, Mortgage Paid for a term, Part Exchange to cashback, free furnishing and more. Many of these options are simply not feasible and therefore not available in the second hand market.
Is there a warranty on new build homes?
Most new home developments come with a 10 year warranty as developers are often registered with the National House Building Council (NHBC), or other insurance companies. This means you do not have to endure the process of surveying your new home as your guarantee will likely cover most unforeseen issues.
Are new homes built better for the environment?
Due to new regulations, new homes are on average 4x time more energy efficient than a second-hand homes due to the inclusion of the latest energy saving technologies and quality insulation. This all translates into less home fuel consumption and more savings on for the homeowner.
Are new homes safe and secure?
Again, due to strict regulations, new homes are required to adhere to high standards when it comes to safety and security. This includes smoke and fire alarms, circuit breakers, modern locks, alarms and entryphones in some instances.
Are you eligible for help to buy?
There are several Government run Help to Buy schemes available, so whether
you are a first-time buyer or moving from your existing home, learn more through our Help to Buy schemes page.