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     lauderproperty.co.uk

     • In the simplest terms, this is defined as a property that has been yet to be purchased (it can still be occupied during this time_ within the first two years of being constructed, refurbished or converted. The new-build definition also extends to properties that have been bought off plan.
     octagoncapital.co.uk/guides/what-is-classified-as-a-new-build/

     What is classed as a new-build? | Octagon Capital

2. People also ask

   What is a new build home?

   • In the simplest terms, this is defined as a property that has been yet to be purchased (it can still be occupied during this time_ within the first two years of being constructed, refurbished or converted. The new-build definition also extends to properties that have been bought off plan. What are the benefits of new build homes?

   What is classed as a new-build? - Octagon Capital

   octagoncapital.co.uk/guides/what-is-classified-as-a-new-build/

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   Should you buy a new build home?

   • New home premium – When considering the pros and cons of new build homes, bear in mind a lot of the benefits of buying a new build disappear on the day you buy it and it is no longer “brand new”. This means a one-year-old property may fall in value as buyers look at the new-builds popping up in the development across the road instead.

   Pros and cons of new build homes - HomeOwners Alliance

   hoa.org.uk/advice/guides-for-homeowners/i-am-buying/new-build-vs-existing-home/

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   Is buying a new home a good idea?

   • There are many benefits to buying a brand-new home, like lower maintenance and higher energy efficiency. New build homes are often more energy efficient than older homes, so you can save on your energy bills. Learn more about the differences between buying new and renovating in our guide.

   What To Do After Reserving a New Build | DWH

   www.dwh.co.uk/advice-and-inspiration/reserve-new-build-home/

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   How does buying a new-build home work?

   • The process of buying a new-build home works differently. Most properties are sold at a fixed price, often before the home has been built (known as buying off-plan) Instead of you making an offer, the builder makes an offer to sell the property to you. This will come with a list of conditions.

   The process of buying a house - Which?

   www.which.co.uk/money/mortgages-and-property/first-time-buyers/buying-a-home/how-to-buy-a-house-a8zHm0a1JZsP

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   Why should you buy a new home?

   • 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. And because no one's lived in the property before, the homebuying process can also sometimes be completed much quicker than normal.

   Buying a new-build home - MoneySavingExpert

   www.moneysavingexpert.com/mortgages/buying-a-new-build-home/

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   What happens if you buy a new build home?

   • On the date of completion, you become the legal owner of your new home, and the full cost of the property will be transferred from your solicitor to the developer. Then, the keys are yours, and you can move into your brand-new home. What are the benefits of buying a new build home?

   What To Do After Reserving a New Build | DWH

   www.dwh.co.uk/advice-and-inspiration/reserve-new-build-home/

   See all results for this question

3. hoa.org.uk › new-build-vs-existing-homePros and cons of new build homes - HomeOwners Alliance

   hoa.org.uk › new-build-vs-existing-home

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   Pros and cons of new build homes. When it comes to deciding whether to buy a new build or an older property you need to look at the pros and cons of new build versus an older property. There are advantages and disadvantages with both.

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5. www.moneysavingexpert.com › mortgages › buying-a-newBuying a new-build home - MoneySavingExpert

   www.moneysavingexpert.com › mortgages › buying-a-new

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   Buying a new-build home throws up a unique set of challenges – get it wrong and you risk considerable extra stress and expense. This guide explains what you need to know before, during and after the new-build buying process, with 15+ tips to help make it as smooth as possible.

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7. www.which.co.uk › money › mortgages-and-propertyThe process of buying a house - Which?

   www.which.co.uk › money › mortgages-and-property

   Feb 2, 2024 · 1. Save a mortgage deposit. 2. Find out how much you can borrow. 3. Research your chosen area. 4. Apply for a mortgage agreement in principle. 5. Register with estate agents. 6. View properties in person. 7. Make an offer. View more links. Step-by-step guide to buying a home.

8. www.gov.uk › government › publicationsFact Sheet 9: What is affordable housing? - GOV.UK

   www.gov.uk › government › publications

   • Cached

   Nov 2, 2023 · This fact sheet provides an overview of the types of affordable housing in England, why these homes are needed and who might live in an affordable home.

   • Affordable housing includes homes for sale or rent and is for people whose needs are not met by the private market. Affordable housing is a key ele...
   • Affordable or Intermediate RentHomes let at least 20% below local market rents (affordable rental properties) or let at rates set between market re...
   • Homes provided with other affordable routes to home ownershipThis can include Shared Ownership, whereby homes are sold at a discounted rate (at lea...
   • In 2021/2022 affordable housing supply was: 53% affordable or intermediate rent 33% other affordable routes to home ownership 13% social rent 2% di...
   • Affordable homes are planned for by local authorities and are built by local authorities, housing associations and private developers. Over the las...
   • The affordability of housing has worsened significantly over the last 20 years, making it harder for people to get the housing they need.Data publi...
   • Anyone whose housing needs are not met on the open market may live in an affordable home. This may include people with more specific needs, such as...
   • How people access affordable housing depends on the tenure and type. Generally, local authorities are responsible for allocating affordable housing...

9. www.dwh.co.uk › reserve-new-build-homeWhat To Do After Reserving a New Build | DWH

   www.dwh.co.uk › reserve-new-build-home

   • Cached

   • Arrange your mortgage. Once you’ve reserved your home, you’ll need to secure your mortgage. If you already have a mortgage-in-principle (and you’re happy to proceed with the same lender) go back to the lender to secure a formal mortgage offer.
   • Hire a solicitor or conveyancer. Now is the moment to appoint a solicitoror conveyancer. They’ll oversee the buying process and fulfil the legal requirements involved in transferring home ownership to you.
   • Prepare your deposit and get ready to exchange. Before you can exchange contracts on your new home you will need to have everything in place to put down a deposit.
   • Get packing. Now that you have an agreed completion date, it’s time to start packing up your belongings. We’ve created a handy checklist of things to do and tips to make the experience smoother.

10. www.which.co.uk › money › mortgages-and-propertyFirst-time buyer schemes: shared ownership, First Homes ...

    www.which.co.uk › money › mortgages-and-property

    Jun 27, 2024 · Learn about the latest schemes available to help you buy your first home, from shared ownership and the First Homes scheme to the mortgage guarantee scheme and Right to Buy.

11. octagoncapital.co.uk › guides › what-is-classifiedWhat is classed as a new-build? | Octagon Capital

    octagoncapital.co.uk › guides › what-is-classified

    • Cached

    Aug 27, 2018 · Due to the lack of property available across the country, the UK government is currently heavily incentivising new build homes, as well stating that in the next five years it aims to build over one million more new build homes. But what exactly is meant by a new build, and what is classed as one?