High Build Specifications
All new homes are designed to be environmentally friendly as developers use various methods to reduce global warming, they include the fitting of wall and loft insulation, double glazed windows and doors are also added which in turn all reduce heat loss and create a well sound proofed home.
The latest energy efficient heating systems are installed to cut energy costs as developers are keen to show their green commitment in reducing co2 emissions. Better use of living space is another factor as new homes are designed to utilise all available space. New homes are also equipped to manage water usage more wisely all helping to reduce cost to the consumer and create a more sustainable way of living, all such measures can combat the impact of global warming.
All developers are aware of safety requirements as many choose to use fire resistant materials in their build construction. New home interiors are fitted with circuit breakers and smoke alarms as a standard safety feature. Security is also a high priority, with new homes being fitted with modern locks and alarms. This could mean lower house and content insurance premiums.
As a home buyer you will find many developers are keen to offer a part exchange deal on your existing home. Some developers will even let you select your own interior fixtures and fittings and perhaps a choice of finishes, it is always worth checking if there are any discounts and incentives on offer.
Many developers will give a comprehensive 10 year warranty on a new home this ensures a high quality build standard, as developers have to abide to strict building regulations.
Guide to Buying a New Home
Your Requirements - If you have decided to purchase a new home you will need to consider your location. Are you staying locally or relocating due to work or family commitments. Decide and list your prospective new home requirements and prioritising them. For example the type of property, how many bedrooms, what style and design of home and whether you would like to be near local amenities or transport links.
Budget - Discuss with your mortgage lender how much you can borrow and what kind of deposit you need. Remember additional costs such as solicitors fees, stamp duty, surveyors fees, land registry fee and removal costs.
Viewing - All new home developments are built to a very high build specification they have a show home as an integral part of the development. You will be welcomed by the sales team who will be only too willing to help and guide you around the show home. You will see great colour schemes, stylish kitchens and superb bathrooms fitted to a high quality standard. Many show homes are furnished to create a warm and comfortable feeling of how your perspective home could look. You will also find the outside gardens fully landscaped giving you an overall picture of the complete development.
Agree Terms - You now need to consider the development and decide whether to progress with a purchase. You will be able to negotiate with the sales staff who will help you with any concerns or questions you might have. Remember many developers have various discounts and incentives on offer, they may even let you select your own interior fixtures and fittings and perhaps a choice of finishes. It may be possible to arrange a part exchange deal on your existing home.
Legal - Once a sale is agreed with the developer you will need to find a Solicitor or Conveyancer. They will need details of the property, the developer and details of your mortgage lender.
Survey - Your mortgage lender will want a survey completed and will elect a surveyor who will carry out a survey on the new home.
Exchange Contracts - Your Solicitor or Conveyancer will exchange contracts with your developer.
Move In - Once a completion date has been agreed you will be able to move in to your new home and be a part of the newly emerging community.
