Why Buy New?



You may dream of owning a period property, but this dream can quickly fade when extra costs for repairs and maintenance start to pile up.

You can purchase your new home with peace of mind that our homes come with a 10-year NHBC Buildmark policy which includes deposit protection from exchange of contracts, a two-year builder warranty from legal completion, and then eight years of structural defects insurance cover. For more details, please visit www.NHBC.co.uk

We admit, we may be a little biased. But we love new build homes! But for good reason, there as so many benefits of buying a new build home. From practicalities of lower maintenance and running costs - to making a fresh start in a home designed just for you. Choosing to buy a modern home, you'll soon discover the many advantage of purchasing a new build home.

You might also like the cost of moving house

Upgrade Cost

The cost of upgrading an old home to new build specification is nearly £45,000.

When looking to buy a house, it’s rare you’ll find somewhere that you could move into straightaway without even adding a lick of paint. The old boiler might need replacing, or you might just want to add a personal touch to make the house a home, by treating yourself to a brand new kitchen or bathroom with all the gadgets you need for everyday living.

But how much would you be prepared to spend on new home costs, in order to put your own stamp on a house after you’ve moved in? It might be £1,000 or £5,000 – some people might even spend £10,000 on renovating their home. But what about £45,000? That’s the amount that’s needed to upgrade an older home to the specifications of new build homes.

That’s where new build homes come into their own. The costs of buying a house are greatly reduced when the home you’re buying is already in top condition, and you don’t need to spend money on renovating and upgrading it, on top of all the other new home costs.

Helping the Environment

Why buying a new home will save you money while helping to protect the environment?

By purchasing a new home rather than an older, less energy efficient property, purchasers are doing their bit to reduce the country’s greenhouse gas emissions and saving themselves hundreds of pounds per year as well.

With new homes generating only around one-third of the carbon produced by the average older property each year, its impact on the environment and climate change is far lower than that of the existing housing stock.

Just under 18 million homes in England were built before 1980 with these properties typically being the least energy efficient among the housing stock. Accounting for 73% of all homes in England, if all of these dwellings were brought up to the standard of the average new build property, or replaced by new homes, the country’s annual carbon emissions would be reduced by 42.6 million tonnes*.

These energy efficient homes are achieved through a combination of innovative design and using the most modern materials available, for example through the installation of boilers that only give you hot water when you need it, as well as fitting modern double glazing, using quality insulation in the roof and walls, and by creating sophisticated water drainage systems.

With 95% of new build properties rated A-C for energy efficiency, the benefits that new build homes bring are irrefutable; not only that you’ll stay warmer in winter, owners of new build homes also use less energy, save large amounts of money on bills, and considerably reduce their carbon emissions.

*HBF Greener, Cleaner, Cheaper Report March 2022

10 Year Warranty

The National House Building Council (NHBC) is the UK's leading standard-setting body and provider of warranty and insurance for new homes. Their role is to work with the house-building industry to raise the standards of new homes and to provide consumer protection for homebuyers – adding that extra reassurance when you buy new.

The quality of house building has improved significantly in recent years. According to the most recent industry survey, around 90% of home buyers are so satisfied with their new build homes that they would recommend their builder to a friend.

But peace of mind is about so much more than just knowing that you’re buying a quality new home and getting great value for money. It’s also about being confident in the product you’re buying and having the confidence that – should something go wrong – you’re protected.

That’s where the Consumer Code for Home Builders (https://consumercode.co.uk/) and the NHBC’s 10 Year Build mark Warranty (www.nhbc.co.uk)  come in, when you buy a new build home.

Buying a home is one of the biggest purchase decisions you’ll ever make. Your new Lovell Home

Our homes come with a 10-year NHBC Buildmark policy which includes deposit protection from exchange of contracts, a two-year builder warranty from legal completion, and then eight years of structural defects insurance cover.  For more details, please visit  www.NHBC.co.uk/homeowners

See the Outline of the Buildmark policy provided by NHBC

A Wise Investment

Why buying new makes perfect sense and a wise investment.

A new build home is fresh, bright, clean and untouched by previous owners and their dodgy DIY or dubious tastes in home décor. It’s a blank canvas on which you can stamp your own style and personality.

Most house builders price their homes to sell swiftly, particularly in these competitive times. Combined with generous new buyer schemes, and help with your moving costs, you’ll get unbeatable value for money when you buy a new build home.

Today’s new builds are built to the latest environmental standards, so they’re not only better for the planet, but they’re also cheaper to run. As well as reducing carbon dioxide emissions, energy efficient new homes mean you could save up to £1,400 a year on utility bills, compared to a Victorian home of the same style.

Quality Build

A new home is superior to an older second hand home, offering you savings.

Buying a new build homes offers you a great range of advantages, compared to buying an older, second hand home. From the financial incentives on offer, to the savings you can make through energy efficient new homes, there are plenty of advantages to buying a new build.

What’s more, the difference in building quality between new builds and older homes is self-evident. From the foundations to the fixtures and fittings, new builds are designed to the highest standards that we expect from modern living.

Affordable Homes

Buying a new home gives you a number of affordable ownership options.

When you’re looking to buy a new home, whether you’re a first time buyer or are moving up the property ladder, there are time when things can start to seem like nothing more than an impossible dream.

But there’s no need to worry, as buying a new build home gives you a number of options that can make the ultimate goal of home ownership more affordable.

Here at Lovell Homes, we have a great choice of new buyer schemes, suitable for both first time buyers and those who are moving upwards, sideways or downsizing.

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