Looking for a sparkling new home for the family? We've found nine new builds under £500,000 that could fit the bill perfectly.
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The benefits of buying a new-build home
Financial incentives: government schemes and developer incentives are available to help you buy your home.
New builds are chain-free: removing a world of stress from the buying process.
Eco-friendly: the majority of new homes having an EPC rating of A or B, making them a lot cheaper to run.
10 year warranties: offer you peace of mind when you buy.
Quality: today's high building standards ensure top safety and security measures will be in place.
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We answer your questions about new-build homes
What is a new-build home?
A new-build home is a property that has been newly constructed and hasn’t ever been lived in before. Everything in the home, including fixtures, fittings and appliances is brand new.
Sometimes, if a property has been completely renovated to the point where almost everything is new, it can also count as a new-build home.
Nic Hopkirk
Senior EditorIs buying a new build a good investment?
Buying a new-build home can save you money in the long term for the following reasons:
They come with 10 year warranties
They often have EPC ratings of A or B
They can save you money with day-to-day running costs
Ellie Isaac
Senior EditorWhat schemes are available for buying a new build?
Shared Ownership lets you buy a portion of a property, meaning you only need to save up the deposit.
Deposit Unlock and the Mortgage Guarantee Scheme enables you to buy a new-build home with just a 5% deposit.
First Homes helps local first-time buyers and key workers by offering new-build homes at a 30% - 50% discount.
Nic Hopkirk
Senior EditorWhat is the average cost of new-build homes?
The average price of a new-build home in the UK for 2023 is £389,659, according to the Land Registry. This price varies depending on where you are buying in the country.
The average price for a new-build home in London is £634,100. That's around twice the national average. Whereas a new-build home in the North West is £297,100 and £461,800 in the South East.
Izabella Lubowiecka
Senior Property ResearcherRead more about new-build homes in our guides
On the lookout for a brand new place that no one's ever lived in before? Let's take a look at 10 homes across the UK that you can snap up for under £250,000.
Ready for a brand new home? Alongside developer incentives, there are buying schemes available to help you along the way. Let's take a look.
Not all Grand Designs have to blow an average homebuyer's budget. The Help to Build scheme aims to make it more affordable and easier to get a mortgage if you’re building a home yourself.
Affordable housing offers a subsidised route to home ownership through government schemes, or subsidised rents for people on low incomes.
From paying your stamp duty to cashback payments, let's take a look at the best perks currently on offer from new-build home developers.
From warranties to cheaper bills, how new homes are good for your bank balance long-term.
There are thousands of developers building new homes across the UK. Here’s how to choose the best to get your dream home, with the quality and features you expect.
If you’re in the market for a home with real wow-factor, then these stunning new-builds could fit the bill.
Our homes are the second-highest producers of carbon every year in the UK. New-build developers want to change that. Here's how.
New-build homes come with a 10-year warranty. Let’s take a look at what they cover.
Our comprehensive guide to snapping up a new-build property, from the schemes designed to help you buy one to all the perks of brand new goods and 10-year warranties.
A complete guide to buying a home
Buying a home is a big deal. From finding that perfect pad right through to exchanging contracts, we’re here to guide you every step of the way.
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