Buying a home is one of the biggest investments most of us ever make, and when you’re purchasing a new-build home, there are specific considerations to bear in mind alongside the usual house-buying process.
Here, we’ll show you what to consider when buying a new-build home – and why our heritage, innovation and commitment to impeccable quality sets us apart…
A chain-free purchase
One of the biggest advantages of buying a new-build home is that there’s no chain, and with no chain, the purchase process is much more straightforward than that of an older property. Much of the buying process is still the same, however – but at least the stress of being part of a chain is considerably reduced.
Start your new chapter straight away
Another major advantage of buying a new-build home is that you can unpack, feel at home straight away and not have to do any work to make it habitable.
Every Roffey Homes residence is finished to the highest standards and kitted out with premium fixtures and fittings, and with selected developments, you have a choice of various interior elements, such as flooring. So, you can settle in and enjoy your new home without delay.
Location, location, location
It’s exciting to be the very first resident of a newly built property, but a common downside can be that there’s often no one to ask about living in that particular location. However, we always select our development locations with immense care, to deliver homes that offer convenience, comfort, and vibrant, varied lifestyles. Based in Worthing on the South Coast since we were established in 1960, our knowledge of the Sussex area is unrivalled, and we can give you all the information you need about the location of your new home.
Of course, it’s still vital for you to research where you’ll be living, as proximity to schools, shopping centres, and transport hubs will significantly influence both your lifestyle and the property’s long-term investment potential. It’s also worth considering how the area may change in the future – new-build developments often emerge in areas undergoing regeneration, so check the local council’s planning applications to see what may be on the horizon.
Community and lifestyle
When buying a new build, you may avoid the stress of being part of a long chain, but you will have to allow for a little flexibility in your moving plans. Completion dates can shift due to weather, supply chain issues, and other unforeseen complications. An important aspect to remember is your mortgage offer – if completion of the property is delayed, you may need to reapply, so keep key dates in mind.
It’s also a good idea to familiarise yourself with the snagging process, which is the period after the property has been built when minor defects are identified and rectified. Our expert team have years of experience in delivering new homes that are finished to an impeccable standard, and will be on hand to provide support and guidance at every step of the journey.
Build quality and construction standards
Examine the developer’s track record by researching their previous projects and reading customer reviews and testimonials. You could visit completed developments to assess the build quality firsthand – look for signs of solid construction such as well-fitted doors and windows, high-quality finishes, and attention to detail in communal areas.
We also recommend checking which building warranties are included – Roffey Homes are covered by both our own two-year warranty and the 10-year LABC warranty.
Energy efficiency and running costs
One of the key advantages of new-build homes is their energy efficiency – new builds are legally required to comply with certain regulations making them more energy efficient than older properties.
According to the most recent Home Builders’ Federation ‘Watt A Save’ report, 86% of new builds have the best Energy Performance Certificate (EPC) ratings of A or B – compared to less than 5% of existing older properties. What’s more, the average new-build resident will pay just over £800 a year for their utilities – compared to £1,789 for those living in older properties.
Our homes are constructed with enhanced thermal fabric and double or triple-glazed windows, and many developments have underfloor heating and air source heat pumps to help maintain comfortable temperatures year-round and keep your bills down.
Financial considerations beyond the purchase price
As you would with purchasing any other type of property, remember to factor in additional costs such as stamp duty, legal fees, and potential ground rent or service charges for leasehold properties. Some developers offer incentives like furniture packages, landscaped gardens, or assistance with mortgage deposits, but consider these carefully to ensure they represent genuine value to you.
Find your new-build home today
Buying a new-build home offers several advantages over purchasing an older property – better energy efficiency, no chain, and an easy moving-in process – but there are a few factors you’ll need to bear in mind, such as the possibility of delayed completion, further developments in the local area, and extra costs like service charges. It’s important not to get overwhelmed, however – much of the process of buying a new build is exactly the same as purchasing any other property.
If you’re interested in any of our current developments, such as Meadow Gate and Lindfield Place, please contact us and we’d be delighted to help.