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How Purchasing A New Build Home Could Actually Save You Money

28 August 2018

Searching for a new home can be daunting when you’re making tough decisions, such as choosing between a new home and an older property. But, have you ever stopped to think that buying a new build home could actually save you money? Energy efficient new build homes in the UK are built and designed to help cut costs in the long run. Jane Pearce, Sales and Marketing Director at Devonshire Homes, reveals the cost benefits:

1. New build homes are extremely energy-efficient

All energy efficient new build homes across our sites benefit from high insulation meaning that you won’t need to turn up the thermostat in the winter, avoiding sky-high energy bills. At our Chulmleigh site, Ladywell Meadows, all feature integrated air source heat pumps. These clever contraptions collect heat from the external air and push it into the home via the central heating system to provide hot water and power radiators. Some of our new homes also come with a HIVE system installed, giving you complete control over your energy consumption. It is down to the energy efficiency of new build homes in the UK that property owners can enjoy long-lasting cost benefits.

2. Low maintenance

When you buy a Devonshire Homes property, you can be reassured that you won’t be landed with large maintenance fees. We create high-quality homes that require less maintenance, making it easier and more cost-effective to keep your property in excellent condition. In addition, every home we build comes with a 10-year NHBC, LABC or Premier warranty. This provides you with peace of mind when it comes to safeguarding your investment.

3. Choosing your options

When you purchase a new build home off-plan or in the early stages of construction, you will have the opportunity to make certain design choices such as the kitchen style, bathroom tiles, fixtures and fittings. Your new home will reflect your personal style and meet your needs from the day you move in, so you won’t have to spend any more time and money decorating.

4. Added safety

We build all of our new homes with your safety in mind. We install mains operated smoke detectors with battery back-up, carbon monoxide alarms, double-glazed windows and secure locking systems. This ensures that you don’t need to spend money on safeguarding your home, something you might have to do in an older property. It could even lower the cost of your home insurance.

5. Help to Buy

The government’s Help to Buy scheme is only available on new build properties and both first-time buyers and existing home owners can benefit from the initiative. Help to Buy allows you to put down just a 5% deposit on your new home. An equity loan from the government contributes 20% and you secure a mortgage for the remaining 75%. Although you will eventually have to pay the loan back, it will free up your valuable cash in the short term and gives you a great helping hand to move onto or up the property ladder. For energy efficient new build homes in the UK, this is a real incentive in the short and longer term.