The demand for new build properties continues to soar and builders and developers registered the highest number of new homes for 12 years between April and June 2019. We explore the driving factors behind this popularity and whether it’s set to continue.
MAKE IT YOUR OWN
There is something special about moving into a home where everything is brand new, untarnished by time or others. Who doesn’t love brand new appliances and the chance to craft their own home? It’s easy to express your style without the worry of renovating and redecorating and all the cost and time associated with these. A new home can be a labour of love or a minimalist’s dream – the choice is yours.
Updating an older home can be costly and time-consuming. At Blewbury Homes we offer a level of specification and a quality of finish usually associated with much higher value properties. Innovative and convenient features such as smart thermostats, USB sockets, electric car charging ports, granite, quartz or solid wood kitchen worktops, and quality sanitary ware are all often included as standard, rather than by way of upgrade.
ENERGY AND COST EFFICIENT
More than 8 out of 10 new builds have the top A or B rating for energy efficiency compared to just 2.2% of existing properties. This saves a new build home owner on average £629 per year! A-rated appliances, high-quality double glazing, smart technology and dual flush toilets amongst other features all help to reduce the carbon footprint within Blewbury Homes. We also employ the very best materials, ideally locally sourced and with an emphasis on the quality and integrity of the build to reduce our environmental impact and the cost of maintaining your home long-term.
PEACE OF MIND
Every Blewbury Home is covered by a 10-year structural guarantee warranty, so homebuyers can ‘sleep easy’ knowing that there will be no nasty surprises or big repair costs just down the line. We are also members of the Home Builder’s Federation and the Consumer Code for Home Builders ensuring that all customers are treated fairly, fully informed and provided with the highest level of customer service throughout the entire process.
HELP TO BUY
This government scheme enables you to purchase a property by contributing 5% deposit and then borrow up to 20% of the value of the property interest free for the first five years of the loan. Available for First Time Buyers or existing homeowners it’s had an enormous impact on supporting new build home sales, and means that buyers do not need to save as much as perhaps they initially thought in order to buy a property.
Requiring little or no work from the buyer, the potential to customise and offering the peace of mind a 10-year warranty brings, it’s easy to see the appeal of new builds. All of these factors, with the exception of the Help to Buy scheme (set to change in March 2021,) are here for the long-term and so it would seem is the love of new builds.