Are you in the market for a new home? The process can be overwhelming, but considering a new build property might just be the solution to ease your challenges. Here are some compelling reasons why buying a new build could be the right choice for you. Ives & Co, a leading solicitor in Nottingham, can assist you with residental conveyancing.
Smaller Chains for Swift Transactions:
Dealing with property chains can be complex and often leads to delays. However, with a new build, the absence of an onward chain on the developer’s side streamlines the process, making it quicker and easier for you.
First Time Buyers’ Advantage:
If you’re a first-time buyer, opting for a new build comes with the perk of being chain-free. Transactions for first-time buyers have been known to be completed in as little as two weeks. Additionally, various schemes, such as shared ownership and discount market schemes, can further assist you in purchasing your first property.
New Build Warranty:
New build properties come with a warranty provided by organisations like NHBC, Premier Guarantee, LABC, and ICW. This warranty offers protection for the first 10 years after completion, covering defects, faults, and major structural issues. It also safeguards your deposit at the point of the exchange of contracts.
Energy Efficiency:
Many new builds prioritise energy efficiency, with 85% of them having an Energy Performance Certificate rating of A or B. These homes incorporate advanced heating systems, efficient insulation, smart technology, and new appliances, reducing both environmental impact and utility bills.
Customization and Upgrades:
Purchasing a new build off-plan allows you to personalise the property according to your taste. You can choose upgrades for your kitchen, bathrooms, flooring, and additional extras not included in the standard specification. Developers will install these upgrades, ensuring your new home is tailored to your needs.
Post-Completion Support:
The customer care doesn’t end at completion. If you notice any small snags or have had a snagging survey, the developer takes care of rectifying any issues, providing ongoing support even after you’ve moved in.
Recommended Solicitors for Smooth Transactions:
Most developers have a panel of recommended solicitors who are experts at the specific sites. These solicitors facilitate smooth and quick transactions, often at reduced fees compared to open-market transactions.
So choosing a new build property not only simplifies the home-buying process but also offers long-term benefits, from energy efficiency to personalised upgrades and ongoing support from developers. It’s also a decision that can enhance your overall homeownership experience.
