Finding the best value new builds in the UK

There are multiple reasons why so many people prefer new build homes. With a new build, you’re given a blank slate to write your own story on and create a home that feels uniquely and definitely yours.

There are also going to be less “surprises” to deal with and you’ll have all the best mod cons readily at hand too.

Buying a new build property can still be a daunting process though. With so many factors to consider, it’s essential to know how to identify and secure the best value new build homes in the UK. With that in mind, this guide will provide several important practical tips and insights to help you make more informed decisions when buying brand new.

Research developers and their reputation

When searching for new homes, it’s crucial to investigate the reputation of the developers to ensure you’re getting a quality product. Start by researching different property developers, paying close attention to their track records and customer satisfaction ratings. Reputable developers often have a history of delivering high-quality homes and providing excellent customer service.

One valuable resource is the Home Builders Federation (HBF) star rating system, which assesses builder quality and reliability based on customer feedback. The HBF star ratings offer insights into which developers are consistently meeting their promises and satisfying their buyers.

Additionally, online forums and review sites can provide anecdotal evidence from past buyers, giving you a fuller picture of a developer’s overall reputation.

Compare specifications and incentives

Once you have a list of reputable developers, the next step is to compare the specifications of their new builds. Look into details such as energy efficiency ratings, which can have long-term cost implications, as well as the quality of fixtures and fittings.

High energy efficiency ratings not only reduce your carbon footprint but also lower your utility bills. Pay attention to the materials used and the overall build quality, as these factors significantly impact the property’s value and longevity.

Developers often offer incentives to attract buyers, which can add considerable value to your purchase. Common incentives include Help to Buy schemes, stamp duty contributions, or even upgrades to certain features within the home. These incentives can make a new build more affordable and provide additional benefits that enhance the property’s overall value. 

Timing your purchase

The timing of your purchase can significantly affect the value you get from a new build property. Buying off-plan, which means purchasing before the property is completed, can often result in a lower price and the ability to choose from the best plots. However, it also requires a leap of faith as you’re buying based on plans and projections.

Another strategic time to buy is at the end of a developer’s financial year. Developers may offer significant discounts or incentives to meet their sales targets, providing an opportunity to secure a property at a reduced cost.

Broader market conditions, such as interest rate changes and housing market trends, can also influence new build prices. Staying informed about these factors can help you time your purchase for maximum value.