How to choose a new-build house for your family
This is a collaborative post
As the UK housing market continues to evolve, new build homes are becoming an increasingly popular choice for families seeking modern and energy-efficient living spaces.
And with the National House Building Council reporting more than 133,000 new homes completed in 2023, there’s plenty of opportunity to make a fresh start in a brand new home.
However, navigating the new-build market requires careful consideration. Below, we’ll share some key factors to help you make the right decision for your family’s future.
Make a budget
It’s crucial to establish a clear budget before diving into the property search, including the purchase price and additional costs such as reservation fees, which can be around £1,000. Having a budget will help you understand which properties you can afford to spend and give you confidence when approaching mortgage lenders.
Securing a mortgage for a new house can sometimes be more complex, with some lenders having stricter criteria, so being financially prepared can help you streamline the process.
Consider your needs
As well as the amount of living space, pay attention to the specifications and features of a property. New builds often come with modern amenities and cutting-edge technology that can enhance your experience, such as excellent energy efficiency.
In fact, data released by the House Building Federation shows that newly built houses are 57% cheaper to power than older properties, potentially saving you nearly £2,200 each year on energy bills. Look for properties with good insulation, double or triple glazing, and modern heating systems to make sure you enjoy these benefits.
Research developers
Investigate the builder’s track record by looking at online reviews and ratings of their previous developments, focusing on the quality of construction and the level of aftercare service provided. A reputable developer is more likely to deliver a high-quality home and address any issues that arise after your family moves in.
Get in early
If possible, try to get in early in the development process. This can give you a better selection of plots and allow you to select the best location within the development, whether it’s a corner plot, one with a larger garden, or an area with a great view.
Early buyers also often have more opportunities to customise their homes, including choosing flooring options, paint or wallpaper colours, and kitchen finishes.
Think long term
By considering the factors we’ve outlined above, you can secure a comfortable and modern home that meets your family’s needs. Read the warranty carefully to ensure it continues to do so in years to come, noting what it covers and for how long. And be ready to identify and report any snagging after moving in to ensure the housebuilder addresses them promptly.
