New build homes are not just for those with plenty of money to spend. A new house can offer first time buyers powerful financial incentives that may make them go with a new property. The FirstBuy scheme run by the government is just one scheme that can lead to shared equity, access to special mortgage products, paid Stamp Duty or part exchange on an already existing home. These offers are attractive to those just starting out on the housing ladder.
New Build Homes for Retirees
It is no secret that there are plenty of new retirement homes being built in the UK as the ageing population increases. You may or may not be surprised to hear that this is a fairly new trend happening in the UK right now as older people choose to swap the value in their old home for a brand new retirement home that is very easy to manage. Benefits include communal facilities and on-site care. Communal amenities that are close by can help older people settle in more effectively to their new build homes. These can include lounges, swimming pools, restaurants and sites for guests. For retirees, it is always helpful to have a friendly neighbour close at hand for security.
Affordable New Build Homes
The luxury of a newly built home often comes with a heavy price tag. What House are aware of this and how the current gloomy economic climate is affecting buyers. As such, they have come up with an advice section on new build homes that are also affordable. Options may include taking part in affordable housing schemes or considering the range of houses on offer from housing associations. In September 2008 the government led HomeBuy Initiative led to many house builders themselves offering similar private schemes. It is worth doing some research to find out if a bargain can be made. Of course, the What House website is the perfect place to do this research, especially since the site is updated with property news regularly.
Types of Home Ownership
There are a few types of different home ownership possibilities. These include shared equity, shared ownership, part-rent or part-buy, intermediate rent, or a social home-buy. All these are detailed and described on the website. Housing and mortgage specialists provide unique advice to the site regularly which will always be relevant to buyers looking for new build homes.
New build homes
are many in the UK but it can sometimes be difficult to narrow down your search so let the What House website guide you with its unique search facility and database.