Benefits of Buying a New Build Property

New build properties offer a taste of contemporary living, reflecting the latest design trends and architectural innovations such as open plan living. These homes are often equipped with modern amenities that cater to the demands of today's lifestyle, from energy-efficient appliances to integrated smart home technologies, purchasing a new build property allows homeowners to embrace the conveniences of modern living from the moment they step through the door.

In an era of growing environmental consciousness and rising energy costs, energy efficiency has become a top priority for many homeowners. New build properties in the UK are constructed with the latest building materials and techniques that prioritise energy conservation. These properties typically feature high-quality insulation, double-glazed windows and energy-efficient heating systems. Apartments at London Square Watford have achieved B rated energy performance certificates (EPCs) and London Square Croydon apartments have a B rated predicted energy assessment (PEAs). As a result, homeowners can enjoy reduced utility bills while minimising their carbon footprint.

One of the often overlooked benefits of new build properties is the low maintenance they require in the early years of ownership. With brand-new plumbing, electrical systems and appliances, the likelihood of facing unexpected repair costs is significantly reduced. Additionally, many developers, such as London Square, offer a customer care warranty for the first two years, covering any defects that arise. For added peace of mind, all new builds should come with a warranty that covers structural defects and other issues for the first 10 years, typically from NHBC or Premier Guarantee. Visit our Customer Care page for more information on London Square’s award winning Customer Care.

The UK government recognises the importance of new build properties in addressing the housing shortage and stimulating economic growth. As a result, over the years they have introduced various schemes such as the previous Help-to-Buy scheme and current Shared-Ownership scheme to make purchasing a property more accessible. These programs can provide financial assistance, such as shared equity loans, which can make the process of buying a new build home more affordable, particularly for first-time buyers. For further information on properties available with affordable home ownership schemes via London Square, please visit our award winning housing provider Square Roots.

London Square also offers a range of buying incentives to help customers secure the home they truly aspire to live in. These include Deposit Boost and Part-Exchange. Deposit Boost in particular has seen recent positive success, with London Square helping top up a customer’s deposit. This allows the customer to borrow less and potentially pay less by enabling them the possibility to secure a more competitive mortgage rate, depending on their financial situation and mortgage lender. London Square incentives are available on selected properties only and subject to change, for more information please speak to a sales executive.