If renovating is not your cup of tea, and you don’t want the hassle of maintaining older properties, perhaps a new build home might appeal? Having worked in this industry for over10 years, we’ve put together some of our favourite reasons why they make fantastic homes…
More energy efficient and environmentally friendly
New build homes usually mean a smaller carbon footprint and lower energy bills due to the materials used and the way they are built. This is even more relevant at The Gladstone because we are adopting Passivhaus principles to create homes with sustainability and energy efficiency as a central design ethos. The construction techniques include high value glazing and insulation, solar panels and thermal methods that result in lower carbon building. Additionally, mechanical ventilation heat recovery (MVHR) systems in each home provide better air filtration. What does this mean? The air quality is more superior – ideal for improving the health conditions within the property.
Lower repair & maintenance costs
As a development is usually built to a high standard with a 10 year structural warranty, everything is brand new and in working order when you move in. You don’t need to worry about any renovation costs. What if you find any defects? If you find any construction defects or niggles such as scuff marks or squeaky doors in the snagging process, the builder should get them resolved for you. For example, our 10-year warranty at The Gladstone, is from Build Zone. We are responsible for the first two years and Build Zone for the following eight. What is the advantage of this? This allows for little maintenance when your home ages too, and you don’t need to worry about decorating when you move in! All of this offers our buyers complete peace of mind and substantial financial savings in the first ten years.
Serious thought goes into the interior design of new homes. For example, at The Gladstone, our sleek kitchens are very much the heart of the home. Lighting and integrated appliances highlight cool, clean lines, with high contrast matt graphite cabinets and stunning worktops. Whilst full height glazing floods the living room interiors with natural light. Lustrous wooden effect flooring and subtle details make for simple, elegant spaces that are a cut above the standard. Pendant lighting helps to define zones within the open plan living spaces, with recessed LEDs for when you need things to be a bit lighter.
Security is generally much better in new build homes. The Gladstone offers quality door entry systems, secure parking and access to bicycle parking.
There isn’t a seller chain
It is well documented that when you have a long chain going on, your purchase can very easily fall apart if the seller pulls out. However, you don’t have this issue when buying a new build home because the seller is the developer. You also remove the risk of gazumping from other buyers as once you pay your reservation fee, the property is taken off the market immediately. Furthermore, if you are selling your own residence when purchasing a new build home, your potential buyers will find it very attractive that you are at the end of the chain. This all makes it a far simpler way and less stressful way of buying a property.
The Government announced that the Help to Buy Equity Loan for first time buyers was to end at the end of March 2023. This is the last year that people can take advantage of it. The scheme provides financial help for those trying to get onto the property ladder for the first time. How? By allowing them to only put down a 5% deposit. There are regional price caps however, so in London this applies to homes up to £600,000 only, but we are still able to offer this scheme at The Gladstone.