Looking to Buy a New home? Explore the benefits of owning a new build property in Sussex.
When it comes to purchasing a new home, there are many benefits that often go overlooked due to common misconceptions. Tom Gannaway, our New Homes Sales Manager, is sharing the advantages of opting for a new build property and debunking the myths that might be holding you back.
Build quality:
A common misconception is that new homes are cheaply built and lack durability. However, in the UK, consumer protection measures have been in place since 2010 to ensure the quality of new homes. The consumer code requires there to be a defect insurance period of 2 years for smaller issues and a structural insurance period ranging from 3 to 10 years. This coverage, usually provided by a third-party insurer, will offer peace of mind to potential buyers.
A prime example of this commitment to quality can be found in the St Aubyn’s development we’re marketing in Rottingdean, where builders actively oversee the construction to ensure flawless properties are delivered to satisfied homeowners.
Security and Speed of Sale:
New home buyers benefit from a 28-day reservation period, offering protection against the uncertainty of being gazumped, a risk associated with buying a second-hand home. Developers are typically bound by contract to sell the property, making the conveyancing process more secure.
Consider Palmer House, in Hove, for sale with us and now nearing completion, where a prompt reservation could make you the proud owner of a brand-new apartment.
Incentives:
Developers often provide many incentives for new home buyers. For example, some developers will cover your stamp duty, offering significant savings for those with limited deposits.
Some developers even facilitate property part-exchange, such as CALA Homes, who we refer to for New Monks Park in Lancing, a development featuring over 500 properties.
Simplicity:
New homes eliminate the complexities associated with an onward property chain, providing a stress-free transaction. Developers, motivated to sell quickly, are less likely to backtrack on the sale midway through, a common concern in the residential market.
Explore the remaining homes at our end-of-chain development in Second Road, Peacehaven, where simplicity is key to a hassle-free homeownership experience.
Choice:
New builds often offer a variety of properties to choose from, allowing buyers to explore various options in a single viewing. A prime example is the boutique development in Cowfold we’re marketing, featuring properties ranging from 1-bedroom apartments to 2-bedroom cottages.
While new builds may not appeal to everyone, due to the absence of period features or historical charm, there are many advantages. A speedy, simple, and stress-free transaction, coupled with incentives and a lack of maintenance worries, makes new homes an attractive option for those seeking modern comfort and convenience.
Want to find out more?
To see the full list of New Homes we have to offer you can click here: https://www.mishonmackay.com/new-homes/
Or if you’d like to discuss any of our developments, please reach out to our New Homes Sales Manager, Tom Gannaway, on 01273 829300 or email him at tgannaway@mishonmackay.com.