Advantage and Disadvantage of a New House Build in London

When it comes to buying a new house in London, there are many factors that you should consider, especially when their price is so high. In this blog, we’ve outlined the main positives and negatives of a new house build in London to help you make the decision if a new build is right for you.

Modern homes are built to strict safety standards utilizing the latest fire-resistant materials and technology linking them to smoke alarms. Certain rooms are also required to have windows that open large enough to allow escape in the event of a fire.

It might be your inclination to opt for an older-style home, perhaps because you’ve always lived in this type of property before. However, it’s worth considering the real advantages of buying a new house and comparatively the disadvantages of buying a period property. 

New House Build in London 

When looking into buying a new house, there are a lot of appealing positives that are sold to you from the start. But there are also a few things that you should consider before settling a deal.

If you want a modern home you can move into without any redecoration or refurbishment, then a new build may be for you. However, if you want more space for your money then consider an older pre-owned property.

In some homes, you may be able to choose fixtures and fittings depending on how far the build is in progress. For instance, you might be able to choose your entire kitchen, tiles in bathrooms and ensuites as well as carpets or flooring. You may be able to have some say in the configuration of a home when it’s a newly built property depending at what stage you get involved in the purchase.

In this case, you may consider the ADVANTAGE & DISADVANTAGE of New House. There are a lot of things that you need to consider, also Property Contractors 247 are here to help you think about what is the best for you & your family. 

Advantage of a New House:

• 10-year warranty

• All new builds in the UK are sold with a 10-year warranty to protect you against any structural defects. Most environmental defects cannot be controlled by builders when constructing the property, therefore the warranty is there to keep your house covered from any of these defects that could occur after you’ve settled into your home.

• Cheaper to run
  • New builds are built with energy efficiency in mind. Being fitted with double glazing, insulation, and the latest appliances, new builds can save homeowners up to £600 per year on energy bills.

• Flexible Payments

• As new builds can be quite expensive from the get-go. Therefore, developers of such properties can be more flexible in terms of payments and deposits, so you can live comfortably without having the worry of daunting, large monthly payments.

Disadvantages of New House:

• More Expensive

• As new buildings are often built in largely populated cities and are built with expensive features such as double glazing, they are more expensive to buy than already established homes. The fact that new builds are also well sought after means that developers can put a larger price tag on new builds.

• An absence of character

• All new builds are built with similar layouts, gardens, and close together which means adding character to your home could be a challenge. New builds are also built as blank canvases which may seem like a positive, however, those looking to decorate an entire house will need to invest more money into their property to get the true home of their dreams.

• Delays

• Buying into a new build could leave you waiting for construction to be finished for some time. As delays could occur with materials, worker restraints or workers falling ill, a new build could take longer than expected to be complete.

Despite the disadvantages, a new build can save you a tonne of money on renovations and monthly bills. At The Entire House, we can answer any questions that you may have about our new builds and even offer you an accurate quote on the perfect new build for you. Get in touch with us!

If you want to know more about new house builds, please feel free to comment down below or you could call us directly for your new builds project at Property Contractors 247 we are here to help you!