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Hundreds of thousands of new properties are built across the UK every year (around 250,000 in 2023), so a new-build may well cross your radar if you're house-hunting. New-builds tend to be highly energy efficient, so typically you can make significant savings on your energy bills – around £2,500 each year according to the Home Builders Federation.
In fact, the Home Builders Federation National New Homes Customer Satisfaction Survey published in March 2024, found 95% of new build buyers reported problems such as snags and defects to their builder since moving in. Even with the best new build home, you can still expect snags like doors getting stuck on new carpets or a loose tile.
The Scottish Government offers first-time buyers and priority access groups the New Supply Shared Equity (NSSE) scheme. You will pay between 60% and 80% of the home’s cost, and the Scottish Government will hold the remaining share under a ‘shared equity agreement.’. The Shared Ownership Scheme allows you to own a 25%, 50%, or 75% share of ...
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In Scotland, a new regulation has been passed that all new builds should include a clean heating system, thereby effectively banning oil and gas heating systems.* Energy saving perks Energy efficiency is likely to be at the top of every buyer’s list, and it’s a great benefit that all newly built homes have to offer.
May 25, 2023 · Buyers need to pay LBTT (Land and Buildings Transaction Tax) when buying Scottish properties registered under “Land Register”. From finding the right property to navigating legalities, buying a home in Scotland can be overwhelming. However, with the right information and guidance from experts, it can be a smooth process.
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When buying a home in Scotland, it’s a legal requirement that you have a solicitor represent you. They’ll guide you through your first time buyer journey, and make offers and deal with selling agents on your behalf. ESPC works with hundreds of solicitor estate agents across Edinburgh, the Lothians, Fife, the Borders, central and West ...
