Why buying a new-build property is the way forward

Ellie Green
Authored by Ellie Green
Posted: Thursday, August 10, 2023 - 20:23

The real estate landscape is constantly evolving, and new-build properties are emerging as an attractive option for prospective homeowners. The allure of hassle-free ownership, advanced technology, and energy-efficient appliances has made these properties increasingly popular.

In this article, we take a look at why new build homes are the way forward in the property market, including what makes them so appealing to budding homeowners.

Energy efficiency and cost savings

New-build properties are designed with energy efficiency in mind, meeting or exceeding current standards. Modern construction makes use of recycled materials, eco-friendly resources, and high-grade appliances. With this comes better insulation, advanced heating systems, and appliances that use less energy.

As a result, homeowners will find that their utility bills are much lower. In fact, new build homes can help to save you around £2,600 on your energy bills each year. This contributes to long-term cost savings and a reduced carbon footprint.

Innovative design and personalisation opportunities

New-build developments are designed with the latest architectural trends and lifestyle preferences in mind, from open floor plans that maximise space to smart home technology. You can easily enjoy features that cater to convenience and style without needing to carry out any extensive renovations of your own.

A lot of developers will also offer various customisation options if your home is in the process of being built. This allows you to choose what finishes, fixtures, and layouts you want in your home so that it’s ready for the day you move in. Whether it’s choosing the kitchen cabinets or the flooring in your bathroom, you can really infuse your personal style into every detail.

Warranty and peace of mind

Buying a brand new home means you should typically encounter fewer issues than you would with an older property. This translates to minimal maintenance and repairs and fewer unexpected costs. However, new builds can sometimes experience structural damage from latent defects, which can be costly to fix.

Fortunately, most new-build properties have a warranty in place that has been taken out by the builder or developer. This protects you, the homeowner, should any defects occur as a result of faults in the workmanship, design, or materials that were not discovered upon completion.

Typically, these warranties last for 10 years and are split into two periods: the defects insurance period and the structural insurance period. The warranty will normally cover things like damp penetration via improper ventilation, damaged locks, excessive draughts, and poorly fitted damp-proof membranes. What it won’t cover is general wear and tear, weather damage, and small cracks on tiles and walls.