The popularity of new build homes in the UK is undeniable, and that’s no small wonder. After all, the appeal of a property constructed just for you is fabulous, with everything in tip-top working order and finished to 21st century standards. But apart from this there are all kinds of reasons to buy a new build property.
Buying a newly built home is a bit different from the process you’re used to with properties that have already been lived in. You don’t usually find them advertised in estate agencies, for one thing. Depending on your builder, there may also be various arrangements in place to make the whole thing a lot more painless and stress-free than you’re accustomed to.
Mortgages for new build properties aren’t fundamentally different to those used for the purchase of lived-in homes. However, depending on your circumstances, you could benefit from schemes and deals designed to make home ownership more affordable.