New Home Building is on the Rise

  • As households across the nation dust off the age-old recipe for gingerbread houses, we’ve taken a look at what house builders have cooked up recently.
  • Close to 200,000 new homes were registered in the year to the end of September 2022, the highest total since before the Global Financial Crisis.
  • 44,729 new homes were registered in Q3 of 2022, up 33% on Q3 2021, with private new home registrations up 26% year on year.
  • More than half of home movers would consider purchasing a new build home; energy efficiency, lower running costs and a lack of maintenance or refurbishment are considered the major benefits. Source: Dataloft, NHBC, year to end of September 2022, Property Academy Home Moving Trends Survey, 202

According to recent reports, 193,658 new build homes have been registered this year alone. This is the highest total of new builds since before the Global Financial Crisis. In light of this news, let’s take a look at why new build homes have become so popular and what benefits they offer to home movers.

The Benefits of a New Build Home
When it comes to buying a home, energy efficiency is often top of the list for many potential buyers. When it comes to new build homes, this efficiency is guaranteed due to improved insulation techniques and modern materials used in construction. This means that not only will your energy bills be lower than ever before but you’ll also be reducing your carbon footprint as well!

Another benefit of buying a new build home is that there are no hidden costs when it comes to maintenance or refurbishment – something that can be hard to predict with older properties. And with an ever-changing climate, homeowners needn’t worry about their property being able to withstand extreme weather conditions due to modern building standards that are now in place.

Finally, one of the biggest benefits of buying a new build home is that they come with warranties and guarantees from developers which provides peace of mind for buyers if anything goes wrong with their property down the line.

It’s clear from recent reports that more and more people are opting for new build homes over existing properties – and it’s easy to see why! With improved energy efficiency, lower running costs and fewer maintenance issues, there are plenty of advantages for those looking for a stress-free move into their dream home. So if you’re looking for your perfect property, why not give us a call to get an update on what developers have built recently? You might just find your perfect match!

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