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Why buy new?

November 2013

Why should you buy a new build home rather than old house? No matter which Story Homes’ development you want to buy on, there are lots of reasons to buy a new build home including:

A fresh start – A new home is fresh, bright and clean, untouched by previous owners and their dodgy DIY! It provides a blank canvas on which to stamp your own style and personality from day one.

The price is right – Most house builders price their homes to sell swiftly, particularly in these competitive times. So keen prices, generous incentives and help with moving costs provide unbeatable value for money.

Less chain less hassle – You can move into a new home as soon as it is complete. There’s no need to wait for existing owners to move out. This reduces the house buying chain and the stress and uncertainty that is often associated with moving, particularly into a second-hand home.

Peace of mind – The quality of housebuilding construction and service has grown significantly in recent years with 90% of home buyers declaring themselves satisfied or very satisfied with their new homes in the most recent industry survey – a customer satisfaction level that compares favourably to any product or sector. Many housebuilders also provide a comprehensive customer-care service and added peace of mind is provided by the 10 year warranty issued by organisations such as the National House-Building Council.

A wise investment –  Owning a new home could well be one of the best investments you could ever make and provide a comforting nest egg for the future. But it’s important not to overstretch your finances or speculate on short term price rises. Of course, house prices can go up or down but it’s easy to see why so many people feel that buying a new home, particularly with all the help that builders can provide, was their best move ever.

Greener and cheaper – Today’s new homes are built to the latest environmental standards, so they are not only better for the planet but cheaper to run. They are much more energy efficient and generate 60% less carbon dioxide emissions than older homes. This can reduce utility bills by more than £500 a year.

More for your money – New homes are built to a much higher specification than the majority of older homes so you get more for your money. They have central heating, double glazing and high standards of roof, floor and wall insulation all included in the price. Standard features also usually include fitted kitchens with integrated appliances and stylish bathrooms and cloakrooms, many en suite.

Spoilt for choice – New homes offer something for everyone. There are countless designs and styles to choose from in all price ranges. Many builders offer a bespoke service to choose decorations, fixtures and fittings or extra items at an additional cost. This can include flooring, interior design or even garden landscape service. And fully furnished show homes and sales complexes, staffed by helpful sales advisers and often open seven days a week, can make it much easier to choose the home of your dreams.

Helping hand – There are a number of schemes that help the buyers of new build homes to buy. These include NewBuy, the mortgage indemnity scheme aimed at first time buyers and second steppers that means buyers only need a 5% deposit; and Firstbuy, the join developer and Government shared equity scheme.