New House vs. Old House
Which property to buy?
When it comes to buying a new home, the decision of whether you want to a new build, or an older property will be one of the first things you think about.
But did you know that a new build typically offers big savings in terms of running costs and energy efficiency.
Advantages of a new build
So why buy new? What is it about a brand-new home that is so appealing? From first-time buyers to retirees, downsizers to growing families, there are many reasons for purchasing a new build.
The high standard of new build homes and the good insulation means that new build homes are much more energy efficient than old properties, which tend to be draughty and cost more to heat.
Energy saving comparison between old and new homes
These figures show the average amount that could be saved on energy bills every year when buying a new build home instead of a modified Victorian property.
†Typical potential cost savings, old house vs. new house (source: whathouse.com)
Therefore, you could save as much as £13,120 on energy bills alone across a ten year period compared to an older property.
When you are buying a new home straight from the housebuilder, there are no onward chains to worry about. Watkin Jones can also help with Part Exchange, so you don’t have to worry about problems with selling your current home.
Many new build properties can be bought using government schemes such as Help to Buy and Shared Ownership, both of which are designed to help first time buyers get on the property ladder. Incentives are sometimes available*.
See plot specific offers, terms and conditions apply.
10 year warranty
All new homes in the UK are covered by a 10-year home warranty and insurance guarantee. The warranty protection provides a very comprehensive cover against a range of potential problems, including any issues with the construction of the home itself. The warranty is free to the homebuyer – the housebuilder takes out the warranty.
The idea of moving into a home that is entirely new is very appealing to many people. If you buying off-plan, we can give you the opportunity to choose your own fittings and furnishings to personalise your new home. A new build property can give you the chance to put your own stamp on your home and you won’t need to worry about renovations.