Is it better to purchase a new build property? - Glentree


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Uploaded on Feb 27, 2024

Category Real Estate

Purchasing a property, especially if it’s your first home, is a big life decision. And just like all major steps in life, you want it to be the best, and you want to make a smartnand informed decisions about it. With umpteen options in the market, the starting point to this decision would be to decide between a pre-owned property and a new build Property. Glentree can help you find the new build properties as per your needs. We have an extensive list of properties available for sale and rent, and we’re constantly adding new ones. https://www.glentree.co.uk/blog/2023/05/is-it-better-to-purchase-a-new-build-property/

Category Real Estate

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Is it better to purchase a new build property? - Glentree

Is it better to purchase a NEW BUILD PROPERTY? Purchasing a property, especially if it’s your first home, is a big life decision. And just like all major steps in life, you want it to be the best, and you want to make a smart and informed decisions about it. With umpteen options in the market, the starting point to this decision would be to decide between a pre-owned property and a new build Property. Older properties have the risk of maintenance problems that may not be visible until you start living in them. In new-build properties, every element is brand new and spotlessly clean. This is definitely a major plus for many. What are the benefits of purchasing a new build property? While an old property may be more value for money from an immediate perspective, a closer look at the pros of a new build property may deem it more valuable in the long run. Here’s a quick look at the benefits of owning one. No Chain Lesser maintenance Customise the finish As you buy directly New build properties If you have confirmed from the developer, are built as per the a property, you may there is no risk that latest regulations and be able to customise the seller may not live have to follow the inside as per your up to his or her side specifications. This choice. Apart from of the deal. Once your may guarantee no choosing the type of finances are sorted, repair and flooring or colours, the purchase process maintenance work for you may even be able can be completed, quite some time. to make minor layout taking away a big part There is also a 10- changes. These will of your stress in the year maintenance help to make the moving process. warranty from NHBC property more your However, once you or National House own and personalised. have finalised the Building Council, purchase, the which covers developer may set a structural defects, if definitive deadline for any, of the building. you to complete the There may also be an process. It can add additional warranty pressure if you have a that covers white property to sell to goods like fridge or fund the new washing machine purchase. that’s been given by the builder. Energy ecient Better choices Newer properties are built using New build properties are built to cater energy optimisation methods, like to the needs of modern buyers. In insulation and central heating. These tune with modern lifestyles, you may aid in reducing environmental damage find that balcony perfect for and also help in reducing heating bills. barbeques or fabulous views on a top floor in one of these residential developments. However, bear in mind that it may be harder to get a mortgage approved if you are looking to take that route. Also, you will have to rely on a show home or your imagination to picture the completed structure while making your decision. But a new build property could be a perfect choice if you want something as per modern standards, and you do not want something pre-owned. Glentree can help you find the new build properties as per your needs. We have an extensive list of properties available for sale and rent, and we’re constantly adding new ones. Please feel free to contact us at Glentree Estates, if you are interested in purchasing or renting a property in the United Kingdom. Sales Team 0208 458 7311 [email protected] Glentree Estates, 698 Finchley Rd, London NW11 7NE, United Kingdom