Top four benefits to buying a new build home off-plan12 August 2022
Purchasing a new build home can be so exciting. You’re starting with a completely blank canvas, giving you the opportunity to make your new home your own. If you’re currently house hunting for a new build property, you will quickly realise that many homes on new housing developments have been reserved off-plan.
What does off-plan mean? It’s when a house hunter puts down a deposit for a home before the developer has finished building it. Sometimes, there is even the option of reserving a home before construction has even begun.
Why would you put down a deposit without seeing the finished product? There are several reasons why house hunters reserve their new build off-plan and they reap the rewards.
Read on to discover why you should consider reserving a high-quality new build home from Devonshire Homes off-plan.
1. You’ll have the pick of the plots
The number one reason we encourage our house hunters to reserve off-plan is because they get the pick of the plots. Reserve early and you can ensure that your new home is in a position on the development which suits you and your requirements.
Perhaps you have children and you are keen that your new home will be positioned close to a play area. If you leave the house regularly, you might want to consider being near the main road in and out of the development, allowing you quick and easy access to and from your home. Or maybe you are a private person who is keen not to be too overlooked by neighbouring properties, preferring a view of the countryside.
There are many reasons why house hunters choose plots in particular locations. Reserve off-plan and secure your perfect home before someone else does.
2. Bring your Pinterest board to life by choosing the interiors
When you reserve your new build home off-plan, you will often get the opportunity to choose your fixtures and fittings from a variety of design options. Reserve early enough with Devonshire Homes, and options may include selecting your own kitchen doors and handles; wall tiles in the kitchen, bathroom, en-suite and cloakroom; carpets or vinyl flooring; floor tiles and kitchen worktops.
It's a great opportunity for you to design your home the way you want it, saving you time and money when you move in.
3. Your home could go up in value
Reserving your new home off-plan does mean that you will have a little while to wait before you can move in. However, this does come with its benefits. Whilst your home is being built, your home could go up in value.
This means that you could ultimately end up moving into a home which is worth more than you originally purchased it for, making it a great investment opportunity.
4. It can be more straightforward than purchasing an existing home
Buying a new build home off-plan can be much easier than buying an existing property. Your home is brand-new with no one living in it, so you don’t have to worry about property chains ahead of you or other homeowners delaying your move.
Once your home has been built, you can move in straight away without having to wait for anyone else to move out. It can make the moving process less stressful, giving you the opportunity to really enjoy the start of your next chapter.
Those are our top four benefits of buying a new build home off plan. Before you go, we just thought it would be worth mentioning another benefit which comes with buying any new build home, whether its off-plan or build complete. It’s too good not to mention…
Our new build homes come with a 10-year NHBC, LABC or Premier warranty, providing you with peace of mind when it comes to safeguarding your investment.
What is a new build warranty? It means that you are covered if defects are found within your new build home. The warranty is split into two periods: The Defects Insurance Period and the Structural Insurance Period. During the first two years, the warranty will ensure that the developer is responsible for remedying any defects which are outside of general maintenance.
The Structural Insurance Period covers years three to 10. Throughout this period, the developer is only responsible for resolving any structural issues such as problems with the foundations, roof, or ceilings for example.
You can benefit from a new build warranty if you purchase one of our homes, something you wouldn’t get when purchasing an older property.
We hope this blog has been useful and will help you to decide whether to buy your next new build home off-plan. If you would like to find out more, our Sales Executives in any of our Marketing Suites are always happy to run you through the process and answer any questions you may have.
Currently house hunting in the South West? Check out the new build homes we currently have available at Longston Cross, Bovey Tracey; Applegate Park, Kingsbridge; Tarka View, Crediton and Gwallon Keas, St. Austell.
We also have two sites in the pipeline with new homes being released for sale soon: The Grange, Bideford and Sun Houses, Barnstaple. To register your interest in these new homes, please click here.