At David Hannah homes, we understand that individual preferences differ as some people may favour living in refurbished homes

or perhaps older homes because of their historic characteristics, others may prefer living in a brand-new home built with modern design and technology.
The following points will help to elucidate on the key benefits of buying a new build home over an older property.

1. Fixtures and Fittings

Most developers will allow prospective home owners to choose their own fixtures and fittings. This added benefit includes choosing the desired colour combinations, flooring and decorations.
This means that potential buyers don’t need to worry about raising funds for decoration and furnishing their homes after moving in but rather have enough time to plan for warm-housing and settling into their new environment.

2 Insurance Policy

A structural warranty is an insurance policy that protects homeowners of new builds against defects up to a period of 10 years after completion. New homes therefore come with this added benefit.

In essence, buying a new home brings about assurance that you are covered from the risk of damages or structural issues to the property.

3. Modern method of construction.

Nowadays, developers build their homes with modern technology which means they are of better standard than older properties. Developers of new homes now must meet a minimum energy efficiency standard for its building fabric.
While new build homes help to cut energy costs, it has also been proved that thousands of buyers are finding that their new homes are not cold and draughty with heating bills far lower than expected.

4. Government’s help.

Applicable to new builds only, prospective buyers may qualify for “help to buy” which is a government which helps first time buyers get a property with just 5% deposit. The help to buy scheme offers an equity loan where the government lends first-time buyers and existing homeowners’ money to buy a newly-built home.

image credits @maginnis via Twenty20