05/08/2023
Buying a new-build home
Buying a new-build home throws up a unique set of challenges – get it wrong and you risk considerable extra stress and expense.
This guide explains what you need to know before, during and after the new-build buying process, with 15+ tips to help make
it as smooth as possible.
10,000s of new properties are built in the UK every year, so a new-build may well cross your radar if you're house-hunting.
New-builds tend to be highly energy efficient, so typically you can make significant savings on your energy bills – around £2,500
each year according to the Home Builders Federation. And because no one's lived in the property before, the homebuying
process can also sometimes be completed much quicker than normal.
However, it's not always plain sailing. There's no resident seller to tell you what it's really like to live there; it can be hard to know
if you're paying the right price as the house has never been sold before; and disputes with the builder or developer are sadly not
uncommon.
Buying a new-build home throws up a unique set of challenges. We explain what you need to know before, during and after the new build buying process, with 15+ handy tips.