New homes: The benefit of buying a new home

January 20th 2016
By: Natasha

There are lots of benefits to buying a new property, one of the best things is being able to chose all the finishes and fittings, plus the fact you will be the first occupants to use them. Knowing that you won’t have to clean anything before you move in is also a bonus, as if like many of us you have moved several times you will probably know that cleaning can take up a lot of time on a removal day.

When buying a new home the developer will normally be able to give an accurate moving date, which means that you will be able to focus removal plans around a specific date.  You will also be chain free, meaning that no one will be able to pull out at the last minute, unless you have a property to sell before moving.

All new homes have to meet strict criteria concerning energy ratings, they are four times more efficient than traditional builds which means as soon as you move into your new home you will start to save on energy bills. 

If you purchase a property from a developer who is registered with the National House Building Council, NHBC you will receive a 10 years warranty on your new home. Here is a summary of the cover from the NHBC:

Pre-completion insolvency cover
gives you protection if your builder becomes insolvent after exchange of contracts 

Cover for the first two years after completion
your builder is responsible for putting right certain damage and defects.  You also have access to our resolution service and NHBC Guarantee should your builder fail to fulfil their responsibilities.

Cover for parts of the home in years 3 to 10 of ownership
insurance to cover the cost of putting right physical damage in specified areas of your home such as damage to floors, staircases, roofs, drains, windows and doors 

New homes are often designed around the needs of a modern family, this can include a large kitchen/diner, plenty of storage space, plenty of light, several en-suites, an abundance of plug sockets, new central heating, and fittings that are modern and on-trend. They are usually built conveniently to shops, transport and schools as well. So what’s not to like about a new home…