If you are thinking about moving and are considering buying a new build home, then you may be wondering if a new build is for you. It is worth looking into the pros and cons of buying a new build home before you make a decision, as what works well for one person may not for another. Here are some of the things to think about if you are considering buying a new build…
Getting a Mortgage – Often new build properties are sold at a premium price and therefore it can be harder to get a mortgage for one. You may need a larger deposit to get a mortgage for a new build, so speak to mortgage lenders and a financial advisor beforehand if you want to find out if it is something that can work for you financially.
Many new build homes come with part ownership schemes which are great for those who are making their first step onto the property ladder, so if this is you it is well worth looking into those in your area.
Living on a Building Site – When you buy a new build on a new estate, you may have to live with some of the disruption going on around the area for a time. You may have dust and dirt, as well as lots of heavy machinery noise nearby, especially if you are one of the first people to move in, so bear this in mind when you are buying.
A Home that is Your Own – When you buy the property before it has been completed, you may have the option to choose what you want in there. This could be the flooring, the wall colours and certain fixtures and fittings. It is worth checking with the developers what is included too – for example, often things like tv aerials are not put into a new build, so you will need to find someone like this TV aerial repair Bristol based company aerial-installations-bristol.co.uk who will be able to do this for you.
No Expensive Repairs – One of the things that gives people peace of mind when they buy a new build property is the fact that you won’t have anything that needs to be done to the house. Something that people worry about is the risk of something needing to be repaired that costs a lot, but when it is all new and covered by a warranty, even if something does go wrong you won’t have to pay for it to be sorted out.