Thinking of buying a new-build home?
There are some enticing incentives on offer from developers right now to help you along the way.
From mortgage contributions and deposit payments to free flooring and upgraded kitchens, let’s take a look at most attractive new-build home perks available across the UK.
1. The Perk: stamp duty paid and legal fees allowance
The property: two-bed flat, London N22, £495,000
Purchase this beautiful two-bed flat near Turnpike Lane tube station in London, and your stamp duty will be paid by the developer upon completion. This is at the single property rate and you must pay the full asking price to qualify.
The perks don’t end there either, as the developer also offers a £1,000 legal fee allowance for buyers using a recommended solicitor to complete their purchase.
The property is within easy access of Crouch End and Alexandra Palace Park and has its own private outside space plus cycle storage.
Available from: Dominus Advisory Services Ltd
2. The perk: 5% deposit paid
The property: three-bed semi-detached house, Chester, £345,995
If you’re looking for a family home, this stylish house is situated on a cul-de-sac with views of open green space. It’s spread out over three floors and has double allocated parking.
When you buy through Taylor Wimpey, you’ll benefit from a 5% deposit contribution and have the option to choose the Easymover service. This could be a big bonus if you’re selling a home too, as your estate agent fees will be paid for you.
Available from: Taylor Wimpey
3. The perk: available with a 5% deposit and kitchen upgrades
The property: three-bed end of terrace, Ramsgate, Kent, £331,995
Set on a quiet cul-de-sac, this three-bed end of terrace home in Ramsgate is available with just a 5% deposit through the Deposit Unlock scheme.
The home has lovely light rooms, with french doors leading out to the garden from the kitchen/diner. And to add to the lux vibes, Barratt have added £2,500 worth of kitchen upgrades at no extra cost to the buyer.
There's a handy downstairs WC and upstairs are two double bedrooms, with the master en suite, plus a single bedroom and a modern family bathroom.
Available from: Barratt Homes
4. The perk: £5,000 cashback and friends & family deposit reward
The property: one-bed flat, Bristol, £250,000
This stunning one-bed apartment in Bristol has no ground rent and comes with its own allocated parking space.
Buyers can also benefit from Linden Homes’ Deposit Assist scheme. If a friend or family member contributes at least 5% towards your deposit, they’ll receive £2,000 after the sale of the property is completed.
What’s more, you’ll receive £5,000 cashback to help towards your moving costs. You’ll need to pay the full asking price to qualify.
Available from: Linden Homes
5. The perk: 5% or £20,749 paid towards your deposit
The property: four-bed detached house, Newport, Wales, £414,995
Buy this spacious property in Newport, and St Modwen Homes will contribute up to 5% towards your deposit, or a total of £20,749.
The family home has an open-plan kitchen/diner, a separate family room and designated study area, plus a private garden. Meanwhile, the master bedroom features an ensuite and, the feature that everyone dreams of: a walk-in wardrobe.
Available from: St Modwen Homes
6. The perk: £10,000 price reduction and £3,000 of free flooring
The property: three-bed semi-detached house, Dudley, West Midlands, £259,950
Offering plenty of modern touches, a large kitchen/diner and a well-equipped U-shaped kitchen, this house is ideal for growing families. Plus you can benefit from a £10,000 price reduction and free flooring throughout the property, worth £3,000.
You can travel into the centre of Dudley in less than 20 minutes and Birmingham City Centre in under an hour.
Available from: Keepmoat Homes
7. The perk: stamp duty included, 5% deposit contribution and £500 moving costs
The property: three-bed detached house, Newcastle Upon Tyne, £299,995
With a south-east facing rear garden, an open plan kitchen/diner and full flooring included throughout the house, this three-bed property has a lot going for it.
But there’s more: the home also comes with an upgraded kitchen and integrated appliances.
Plus, you can take advantage of the developer’s ‘Move with us’ package. This means it will contribute up to £500 towards your moving costs and the cost of stamp duty will also be included, as long as it’s your main home.
Taylor Wimpey will pay up to a 5% deposit contribution too.
Available from: Taylor Wimpey
8. £600 per month towards your mortgage, for 24 months
The property: four-bed house, Kirkliston, Edinburgh, Scotland, £309,995
Offering four bedrooms and arranged over three floors, this beautiful property has private parking and a rear garden. It also comes with solar panels for renewable energy.
What’s more, if you decide this is the property for you, Dandara will pay £600 per month towards your mortgage for 24 months, or £14,400 in total.
Available from: Dandara