Record low interest rates and government schemes continue to provide the perfect environment for buying a new home so leading housebuilder Barratt Homes has issued five reasons why there’s no time like the present to purchase a new home.
Help to Buy Help to Buy enables buyers to secure a mortgage with just a five per cent deposit. Buyers are able to take advantage of the excellent interest rates available with mortgages of less than 75 per cent of the property value and it’s open to first time buyers and those moving up the housing ladder.
Energy efficiency It may be summer now but thinking ahead to winter – new-build homes are installed with the latest energy-saving measures, which can mean lower gas and electricity bills. In fact new homes are up to 50% more efficient than similar Victorian properties.
Research from the National House Building Council and the Zero Carbon Hub showed that families living in newly built homes could be saving as much as £1,400 a year on their energy bills compared to if they were living in a typical four-bedroom Victorian property.
This cut in energy bills comes from energy-efficient central heating, double glazing and high levels of insulation, together with top-quality build techniques, exclusive to new-build properties.
Safety and security When buying a new home, purchasers can be sure that homebuilders like Barratt will follow the latest building regulations which set standards on everything from fire safety to ventilation and from electrical safety to quality of workmanship.
Low maintenance Not only are new-build homes free from any niggling DIY issues, but they also come with the standard 10 year NHBC warranty, allowing you to buy with confidence and enjoy your new home with complete peace of mind.
And one of the most exciting things about buying new is that you don’t have to do any redecoration before you move in. And if you purchase a Barratt Home early in the build process, you can even personalise it with extras from the exclusive Choices range. This means you can make your own choices on such things as kitchen specification and fixtures and fittings even before the property is finished.
Less stress Buying direct from a homebuilder like Barratt can make the house moving process easier, particularly if you’re able to take advantage of popular schemes available such as part exchange.
Part exchange removes all of the hassle associated with a chain. Barratt Homes is a guaranteed cash buyer – so there is no chain, no last-minute haggling and no hidden costs. And you can stay in their old property until your new home is ready. It can remove a lot of the stress normally associated with moving plus it also cuts out the estate agent fees, which can amount to thousands of pounds for larger properties.