New homes are more popular then ever. New homes developers have made leaps and bounds in recent years to create new homes that are energy efficient, boast fabulous contemporary designs and excellent build quality. The are some great advantages of buying new-build homes that you could take advantage of:
Guarantees: Most new-build homes come with a 10-year NHBC warranty covering structural defects & Most developers also provide their own two-year warranty.
Specification: new homes are built to the latest specifications, so major repairs should be unnecessary for the first few years. They tend to be more energy-efficient, too, so you could benefit from lower utility bills.
Personalisation: if you buy off-plan, you might be able to choose your fixtures and finishes. This is great if you're attracted by the 'blank canvas' element of buying new-build.
Incentives: the government's Help to Buy equity loan scheme and Starter Homes Initiative are only available on new homes.
Samuel Estates lets and manages many properties on new build developments for private landlords and companies across London. We work closely with a number of property developers to clearly understand their plans, site progress and provide a professional residential lettings and management service for clients who are buying to let. We have an excellent reputation in letting new build properties. As part of our managed service we will even take care of the pre-completion tour demonstration and inspection, management company issues, service charges and ensure your investment purchase is completed as smoothly as possible.
If you are buying as an investment, please ask to speak to one of our lettings team, who will be happy to discuss rental yields, offer furnishing advice and guide you in the right direction to make the most out of your new investment.