Five reasons to buy a new build home
The stunning reception of this new build SE1 property is spacious and well-lit with wooden slat flooring and floor to ceiling windows
With the government promising to build a million more homes over the next five years to address the national housing shortage, new build properties in the capital are very much in the spotlight.
Using the Help-to-Buy equity scheme, you can now purchase a new build home with a deposit of just 5%. The government has also made it easier to buy a new build property in London, by increasing the upper loan limit from 20% to 40%.
So, what are the advantages of buying a new-build home? Firstly, new properties come with a 10-year NHBC (National Home Builders Council) warranty that covers any structural defects. Most developers also provide their own 2-year warranty.
If you want to save energy, then a new-build is the perfect choice. Newly built homes tend to be more energy efficient, which means you can expect lower utility bills. You will also pay less for repairs with a brand new property – if anything does go wrong, it’s likely to be covered under warranty.
Buyers often want to put their own stamp on a property and new builds provide the perfect ‘blank canvas’. You choose your own colour scheme, fixtures and finishes - ideal if you don’t want to live in a property identical to the one next door. Many newly built homes also offer flexible living space that can be adapted to suit individual needs and requirements.
Slick open plan kitchen/dining area cleverly combines contemporary styling with classic Georgian features
If you're looking for a new build home in Bermondsey Street, book a viewing to White, a freehold, sumptuously restored Grade II listed Georgian townhouse. On the raised ground floor of this four storey property is the stylishly furnished reception room and study. The lower floor boasts generously proportioned living spaces including an open plan kitchen/dining area. Elegant bedrooms and bathrooms occupy the first and second floors. In the master bedroom (on the first floor), you’ll find a walk-in wardrobe and en-suite. The wide bay with sash windows let in abundant natural light. Step onto the spacious roof terrace for al fresco dining and a 360 degree panoramic view of the city skyline.
This London property offers its residents spectacular views of the capital’s iconic attractions like the Palace of Westminster and London Eye
For luxury waterside apartments with incredible views, you won’t want to miss Palace View - a riverside boutique development in SE1 with beautifully appointed flats. There are floor to ceiling windows in every room and wide balconies offer scenic views of the capital’s iconic attractions, like Big Ben and the Houses of Parliament.
If you are looking for new build properties in central London, the sales teams at Daniel Cobb’s offices in Westminster, London Bridge and Kennington will be happy to help. We can book a viewing in one of the stunning contemporary developments, such as Meadow Mews, or show you a range of high-specification new build houses and flats (including reasonably priced micro apartments) in our collection.