We often get asked what are the benefits of buying a new build home? Well, we believe there are many – from energy efficiency to excellent design and high specification. Here are a few of the top reasons we believe people choose to ‘buy new’:
Energy efficiency. New build homes are built to a very high standard and have to adhere to minimum industry-wide standards for energy efficiency. Because of this, new homes can be much more energy efficient, meaning lower utility bills and lower running costs for their owners in the longer term.
They are usually highly specified, and many include built-in appliances too, which in turn will save on upfront costs for their new owners. At BoKlok, our homes are built to have less of an impact on the environment. They are designed to reduce energy use, to be environmentally friendly and save you money at the same time. In our homes, you will find many clever features such as:
Enhanced insulation to keep heat and reduce noise
Argon gas-filled double glazing to minimise heat loss
Highest efficiency-rated boilers available
Water-saving taps, showers and toilets
New home warranty. New build homes come with a 10-year warranty. Put in place by the developer, the warranty is designed to protect the homeowner. Giving new homeowners the peace of mind that should any significant defects arise during this time period, they will be put right.
Deposit assistance. New homes often have schemes in place such as Help to Buy, which help to reduce deposit requirements, especially for first time buyers. With Help to Buy, first time buyers can purchase a new home with just a 5% deposit and a 75% mortgage, with the Government providing the remaining 20%, as an interest-free loan for the first five years. This can significantly ease the upfront costs for first time buyers looking to take that initial step onto the property ladder.
Maintenance free. When you move into a new home, there is very little to do in terms of upkeep and maintenance. Research has shown that the cost of upgrading an older home to the same specification as a new build property can run into tens of thousands. Everything from new fixtures and fittings, a new boiler, new appliances and brand new double glazing throughout can all add up.
In fact, as a guide you can expect to pay between £38,000 and £74,000 for renovating a 3-bed house. * In contrast, with a new build home you can move in and start enjoying it straight away – all you need is your furniture!
At BoKlok on the Brook we currently have a range of two and three-bedroom houses available, with our one and two-bedroom apartments due to launch very soon. Take a look around our website to explore the homes we have available.
*Figures provided by My Build Estimate – a professional estimating company monitored by the Royal Institute of Chartered Surveyors (RICS).