Benefits of a new build
Strict building regulations mean the new build is constructed to a high specification with a 10-year structural warranty. With everything brand new and fit for purpose there is no need to make an allowance for the cost of repairs and ongoing maintenance that you will most likely have to allow for when buying an older property.
Even a recently refurbished older property will struggle to compete with the energy efficiency of a new build. Modern construction standards prevent issues such as damp, whilst cavity walls, double glazing and improved insulation provide long term energy savings. Modern heating systems are constantly improving, further reducing monthly outgoings.
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