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 cheaper mortgage rates to thousands in cash back, let’s take a look at some of the most attractive new-build home perks available across the UK.
1. The perk: interior-designed furniture and accessories
The property: three-bed house, Warton, Lancashire, £237,995
Forking out for your first home can be a stretch. Wouldn’t it be nice to move into the showhome, with everything from sofas to cutlery already in place?
You can bag a great home complete with furniture and accessories at Anywl Homes’ development at Mill Green in Warton, Lancashire.
This three-bedroom semi-detached home is available from £237,995. It has been interior designed and its contents are included as a perk.
The ground floor layout is almost entirely open plan with a combined kitchen, dining and living room, leading out to a lovely lawned garden. There’s a downstairs cloakroom, too.
Two bedrooms, a study area and the family bathroom are on the first floor. The main bedroom, which has a snazzy walk-in wardrobe and en-suite, is on the second floor.
Available from Anwyl Homes via Pendle Hill
2. The perk: cash back towards moving costs
The property: one-bed flat, Slough, Berkshire, from £71,250 for 25%
Moving can be a costly business. So developers sometimes offer incentives in the form of cashback to buyers.
There can be several thousand on offer to help with the cost of transporting your stuff and setting up home.
Buyers of this Shared Ownership home at the Horlicks Quarter in Slough, Berkshire, can get £2,000 back, for example.
A 25% share of this one-bedroom home is available from £71,250, with a full market value of £285,000.
The redeveloped Horlicks Factory is architecturally gorgeous, with several tranquil shared gardens.
It is well connected to the London, too, thanks to the new Elizabeth Line link at Slough Train Station.
Available from Sovereign via Gascoigne Pees
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3. The perk: up to £25,000 towards stamp duty
The property: four-bed house, Battle, Sussex, £749,950
There are just a few gorgeous three and four-bedroom homes like this one left on a development of 50 new-builds just outside Battle in Sussex.
Developer Elivia Homes Eastern is offering buyers of the remaining plots up to £25,000 towards stamp duty and moving costs.
This beautiful and spacious family home is listed at £749,950. A cash incentive of £25,000 will cover the entire cost of stamp duty (£24,997) if you bag it at the asking price.
It is detached, with four good size bedrooms, four bathrooms and a downstairs loo. There's a garage and a large, versatile family living space on the ground floor.
Available from Elivia Homes Eastern via Fox Homes
4. The perk: a fixed-rate mortgage at 2% interest
The property: four-bed house, St Neots, Huntingdonshire, £527,000
Uncertainty around the cost of borrowing can make buying a new home feel daunting.
Some housebuilders are helping the people who buy from their developments, by ensuring they pay a fixed-rate rate mortgage of 2% for the first two years.
How? If a buyer’s mortgage rate goes above 2%, the housebuilder will pay the extra.
This sounds great, but of course buyer-specific criteria and terms and conditions apply. So make sure you read the small print thoroughly.
This four-bedroom detached family home in St Neots comes with the 2% mortgage perk from its developer Stonebond.
With its beautiful yellow brick exterior, a driveway, all mod cons and a lovely view of green fields, there’s plenty to recommend it.
Available from Stonebond via David Wilson Homes
5. The perk: a free electric car worth £44,000
The property: three-bed house, Brighton, Sussex, £1.65m
Getting a new home? Wouldn’t it be lovely to have a shiny new set of wheels to match.
Housebuilder You Are Home is offering the incentive of a free Polestar 2 electric car to anyone who bags their Brighton townhouses at asking price.
The current recommended retail price of a Polestar 2 is £43,950, but the higher spec models cost more than £60,000.
This £1.65m home has three bedrooms, three bathrooms and eco credentials to knock your socks off.
It has an air source heat pump, waste disposal and Smart Nest heating thermostats, plus the gold standard in energy efficiency: an Energy Performance Certificate rating of A, meaning fuel bills will cost the minimum.
Available from Your Are Home via Oakley Property
6. The perk: two years of service charges paid
The property: one-bed flat, East Croydon, London, £246,000
This one-bedroom home in Addiscombe Grove, East Croydon, is light and well-appointed.
Better still, the developer is offering to pay your first two years of services charges, equating to around £3,600.
The Metropolitan Workshop architect-designed flats all benefit from access to a communal roof terrace and two other “hidden” gardens to enjoy on the top of the building.
You’ll also have access to bicycle storage, a residents' lounge, co-working space and wellness rooms.
It is just moments from East Croydon Station, with its links to central London, Gatwick Airport and Brighton.
Available from Pocket Living
7. The perk: part-exchange on your old home
The property: four-bed house, Haywards Heath, Sussex, £960,000
Some housing developers offer the perk of allowing you to part-exchange your old home for a new one.
This means you get a shiny new home without the hassle of having to put your old home on the open market.
You might not get the full market rate for your old home, but there are other benefits.
The sales process might well be smoother and quicker with part-exchange. Plus, it removes the risks associated with buying and selling in a chain.
This stunning £960,000 four-bedroom detached home built by Sigma Homes in Haywards Heath is available for part-exchange.
It has three bathrooms, a double garage and the style is both modern and in keeping with the architecture of the area.
Available from Sigma Homes via Connells
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