Bank holiday home-hunting
If you’ve never shopped around for new properties before, you may be wondering “where do I even start?”. That’s why we’ve put together a small list of top tips to help ensure you’re not ill-equipped for the search!
Plan ahead
Research different new build developments in the areas you’re interested in living. Make a list of the ones you like and then set up a plan to view them all to get an impression of the area.
Ask, ask, ask
Don't be shy to ask questions to the developers or sales representatives. Enquire about the build quality, materials used, amenities, and any customisation options available, as understanding these details will help you make an informed decision.
Go to show homes
Show homes give you a glimpse of what the finished property will look like. Take advantage of the bank holiday to visit these show homes, as it will allow you to visualise the space and get a feel for the layout and design.
Set a maximum budget
Set a budget before you start your house-hunting journey and stick to it. Factor in any additional costs, such as stamp duty, legal fees, and furnishings, to get a clear idea of the total investment.
Be patient
Buying a new build home is a significant decision, and it's important to take your time and not rush into making a choice. Don't be afraid to sleep on it and discuss your options with your family or close friends.
Benefits of a new build home
The decision to buy a new build home versus an existing property is a common dilemma faced by potential homebuyers. While both options have their merits, new build homes offer a host of unique advantages that make them an appealing choice for many.
10 year guarantee
All new build homes that are built under NHBC (National House Building Council) standards receive a 10-year warranty and insurance. This guarantee covers structural defects in the property, and ensures that either the home builder or the NHBC cover the costs of actioning any work that needs to be done on the property.
Energy efficiency
New builds tend to be better-equipped for energy efficiency compared to traditional properties. Many new build homes are constructed with energy-efficient materials and technologies. From double-glazed windows to advanced insulation, these features can save you money on utility bills, while also reducing your carbon footprint.
Modern living
New build homes are designed with contemporary living in mind. They often come with modern layouts, open-plan spaces, and state-of-the-art amenities, ensuring that you'll have a comfortable and stylish living environment.
Put your time to good use!
The bank holiday weekend presents an excellent opportunity to explore and find your dream new build home. Whether it’s their modern designs, customisable options, or energy efficiency, new builds offer an exciting prospect for potential homebuyers. By researching, planning ahead, visiting show homes, and considering the location and budget, you can make the most of this house-hunting adventure and take a significant step towards securing a property that suits your lifestyle and needs.
Get in touch with one of our expert advisers today if you need more advice on your new build journey!
Important information
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Related Articles
Why you should buy a new build house
Incentive schemes to buy a new build home
How to secure your new home
Download the Mortgage Advice Bureau app
Our app is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or just fancy a move.
We’ll guide you through step by step to ensure you always know what’s coming up next.
