There is a lot to think about when you buy your first home. Alongside picking the right price and area of choice, you will also need to make a choice between new build vs old build homes!
Though old homes have their charms, buying a newly built home will enable you to truly make your home your own. Wondering whether new houses are worth the money? Read on below to find out why new build homes are becoming such a popular choice.
Do new build homes require less maintenance?
You might wonder, are new homes built to last? The best part of buying a new build house is, predictably, that it is new. This means that, with fresh appliances and furniture, your house is more likely to last. Most new build houses come with a 10-year warranty, so you will be less likely to pay a lot of money on repairing and fixing the place up. This is especially true for Peabody New Homes’ range of homes, which are maintained to the highest possible standard.
With older properties, if you are not happy with the design and interior of your new (old) place - tacky wallpaper or furniture - this will mean that you must spend extra money on fixing the place up to your liking.
Are new build homes sustainable?
As energy prices are forecasted to rise again in January 2024, living in a sustainable and energy-efficient home is no longer a nice bonus. New build homes are built according to current standards when it comes to materials, insulation and appliances. They use much less energy than older homes, resulting in a much lighter carbon footprint. That's great news for your finances since it makes buying a new build home a better long-term investment. It also means immediate savings on your energy bills!
New build homes, like Higgs Yard in Brixton, are available to buy through Private Sale
Are new build homes affordable?
New build properties may be more expensive in the short-term, but you can usually get a helping hand when you buy a new house in the form of Shared Ownership. This part-buy, part-rent scheme allows you to buy a home without a big deposit and with lower monthly repayments.
Are new build homes safer and more secure?
Buying a new build home often means investing in more safety and security for your home. This is because newer homes are built with the latest technology, requiring the use of fire-resistant materials and smoke alarms. If the worst-case scenario ever does occur, you can rest assured that you will be safe!
Are new build home chain-free?
To make the process even easier, new build homes are also chain-free, meaning that you don’t need to wait for the homeowner to leave before you can move in. Waiting for someone to move out is one of the most stressful parts of buying a pre-owned home. If you want to move into your home without the prospect of frustrating delays, buying a new build home is a no-brainer!
How to buy a new build home?
New build homes may have a higher price tag than older houses, but with cheaper energy bills and lower maintenance, they may be cheaper in the long run. Peabody New Homes has a range of exquisite homes to help get your housing journey up and running. You can find your home in a vibrant area such as Brixton with our range of 1, 2 and 3-bedroom homes at Higgs Yard.