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Things to look out for when buying a new build

Posted on: Friday, November 24, 2023

New builds offer the unique promise of modern amenities, energy efficiency, and most importantly, a fresh start. When buying a new build home, it’s important to approach the process with caution and thorough research to ensure that you’re making a wise investment. Here are some of the crucial factors to consider when buying your first new build home. 

Warranties 

Many new build warranties are designed to give homeowners peace of mind for the first 10 years after the construction of the property. The NHBC Buildmark warranty is the most common in the UK, covering defects in the first 10 years after construction. Make sure you understand the coverage and any additional guarantees provided by the builder, as you will need to refer back to this if there are any problems with your new home.  

Builder reputation 

Research the developer responsible for the new build. Check their track record, customer reviews, and any previous projects. A reputable builder is more likely to deliver quality construction and customer satisfaction. Look for membership in industry associations like the National House Building Council (NHBC) for added assurance. 

Leasehold vs. freehold 

One key element of buying any new property is finding out whether it is leasehold or freehold. Traditionally, new build houses are typically freehold, whereas new build flats are often leasehold – but it is imperative to check. If it’s a leasehold property, you will have to pay ground rent to the freeholder, and you may also be limited in what changes you can make to the property. Your solicitor can investigate for you and make sure there aren’t any unfair restrictions before you exchange contracts with the seller. 

Moving in delays 

Unlike traditional homes, you may buy the home during its production, which means delays are probable.  

Here are some of the most common reasons for a delay upon completion of a new home: 

  • Poor weather 

  • Lack of materials 

  • Labour shortages

  • Short deadline 

Your estate agent and the developers will keep you up to date throughout the process, but it’s still important to know your rights. If you do run into any delays, make sure you speak up right away. 

Location, location, location 

The age-old adage remains true when buying a new build property. The location should be at the top of your list of priorities. Consider factors such as proximity to schools, healthcare facilities, transport links, and local amenities like shops and parks. You should also evaluate the area’s overall appeal and potential for future development. 

Energy efficiency 

One of the benefits of new builds is their energy efficiency. Look for properties with high Energy Performance Certificates (EPC) ratings, as this will help reduce energy bills and minimise your carbon footprint. Features like double-glazed windows, insulation, and energy-efficient appliances are worth investigating. 

Contact us 

Are you keen to get moving this season? Get in touch with your local Guild Member to start your search.

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I would highly recommend Hardings. Their knowledge of the local area is outstanding, and they give honest and reliable advice. They have always been my partner of choice when buying and selling.

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Have used Hardings for many year on both personal and commercial property deals. Have always found them to be transparent, honest, authentic, and a pleasure to work with. Will continue to use in the future.

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I would highly recommend Hardings Estate Agents. They have excellent knowledge of Windsor and the surrounding areas, and are extremely professional, responsive and courteous. I would not hesitate to using them again the future. I recently dealt with Milica who was instrumental in securing us our new home in Windsor as well as the sale of our existing property. She was a fab negotiator and a real pleasure to work with from beginning to end. Thank you!

Jonathon Beresford

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Hardings of Windsor managed our purchase with complete professionalism and went over and above in my opinion to manage the transaction and chain, resulting in a really smooth purchase. Milica at Hardings constantly provided timely updates and managed respective solicitors and the chain effectively, always responding quickly to queries. The whole transaction would not have happened without Milicas' focus on making all parties comfortable and satisfying all queries, not only professional but a delightful and welcoming personal approach that was a constant throughout. Thanks Hardings! Thanks Milica!

Stuart Blatch

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I would recommend using Hardings estate agents when buying or selling your property. Dominic (Scully) was always available, helpful and genuinely interested in my purchase and always calm and compassionate. If I ever move again my first choice will be Hardings.

Cath Powell

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Dom and the team at Hardings were so helpful and efficient when I purchased my flat - friendly and professional service and kept us up-to-date the whole way through the process. It was my first time buying and so was very nervous but they helped me feel at ease.

Freppell

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We bought and sold through Hardings and can't recommend their professional service enough. The whole Team are really lovely, we were kept informed throughout the process and never had to chase anything.

Natalie Quint

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I used Hardings when I bought my property as well as when I sold it and the service has been fantastic both times. I very much recommend Hardings!

Therese Jouini

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We recently purchased our new home with Hardings Estate Agents. The whole team there were very helpful and flexible with us, arranging viewings quickly on the same day. They were always quick to respond and if ever our point of contact was not there, the service did not change as they work well together as a team. We received a personalised service, which allowed the sale to proceed quickly. Thank you all and we recommend Hardings Estate Agents without hesitation.

Mike B

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What a pleasure it was to deal with Milica from Hardings. She sourced the perfect property for me and my family (while we were still abroad) and worked endlessly to put the deal together. I would give more than 5 stars if at all possible!

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How Much is Your Property Worth?

A senior member of our sales team will visit your property to discuss current market trends and how your home; based on size, condition and location should be pitched to achieve the best possible price and buyer. Coupled with an excellent understanding of the local market we do a detailed analysis of what else has sold and what is coming onto the market so we can give you the best chance to capitalise on your biggest asset.

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