Are you looking to make a move this year? Have you considered a brand-new property?
There are many advantages of buying a brand-new home – whether it’s the potential savings in energy costs, the green credentials, the ease of moving straight-in without undertaking any work or the added peace of mind of a 10 year building warranty.
With the recent rises in energy prices, one of the main benefits of buying a brand-new property is the potential money that could be saved on running it. Based on the most recent energy prices which came into effect from October 2022, on average, new-build properties will cost around £1,500 to run a year, just 42% of the cost of an average existing dwelling, which would be over £3,500 per year.* This is because new-build homes are consistently rated with much higher EPCs than existing properties. For homes logged in the year to June 2022, 84% of new builds were rated A or B for energy efficiency, while under 4% of existing properties reached the same standards. This is due to factors such as high levels of modern insulation, energy-efficient built-in appliances, modern double-glazed windows and more.
Another key selling point of buying new, is the fact that you can move straight without the need for any costly renovations or refurbishment – you can just pack up your belongings and be in your property with minimal effort! What’s more, in addition to the 10 year building warranties that come with all new builds, all individual appliances such as ovens, dishwashers and washing machines come with their own individual warranties for added peace of mind.
If you’d like more information on buying a new home, or would discuss an individual development, get in touch with our New Homes specialists today on 020 8315 6996.
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*Source, Home Builders Federation Autumn 2022 Report