Should you buy a new build property?

May 30, 2017

Deciding between buying a new build property or old property is difficult. I’ve put together a list of pros and cons for buying a new build, as this is something we did when deciding if to buy new or not. Hopefully it will help you decide a little bit better. 🙂


Personalisation – If you buy early enough, you will have the option to choose things like kitchen/tiling for your home. This really appealed to us as it meant it would be how we like it when we moved in, so we didn’t have to worry about changing it.

Warranty – New builds come with a 10 year NHBC warranty, and most developers also offer a 2 year warranty too. This really put our mind at ease as we didn’t want the worry of things like the boiler breaking soon after moving and having to find the money to fix it.

ECO Friendly – New builds are now built to be more eco-friendly, meaning better insulation, which will reduce the cost to run your home.

You get to watch your house grow – We loved watching our house turn from a muddy pile on the ground to our home, it was so much fun going to see how much progress had happened each week.

Less money stress – I know if we bought an older property, we’d need the money for the deposit, but also money to be able to make the house our own. This can cost a fortune as the previous owners taste most likely won’t be to your taste so you’re going to want to rip the house apart to put your stamp on it. With a new home you won’t need to worry as much about that.

Peace of mind – If anything goes wrong with a new build, it’s the developers job to fix it, so if you get an annoying leak, you don’t have to panic about it costing you a fortune, as it’s their responsibility to fix it.


Size – New builds are known for being smaller, as developers often want to fit as many houses as they can into the land they have.

Character – This isn’t the case for all new builds, but it’s something people always say. A lot of new builds are just plain brick houses without much character. With an old property you get a lot more character, however like I’ve said before, we think our new build looks like a London town house, so we feel it has character.

Buying off plan – A lot of new builds are bought off plan, you go from a floor plan you’re shown with approximate dimensions, it can be daunting but it’s a risk worth taking. We had no idea what our home was going to look like when we reserved, but we love it. Make sure you also find out where the nearest show home or similar show home is so you can go get an idea for size.

Premium cost – You pay the premium for a new build, that’s a known fact. Don’t let this put you off though.

Difficult for property to go up in value – As you pay the premium, it can be difficult for your home to go up in value. Although this can depend on location and the housing market, as house prices are still on the rise, so if you don’t move for a few years you will find your house starts to go up in value again.

Easy to void warranty – Little things like changing a light fitting without getting it checked over by an electrician can void the warranty, so be careful what you do to the house to ensure you doing invalidate it.

It can be easy to just look at the cons and scrap the idea of buying a new build all together, but personally for a first home, a new build seems the safest option so you have the peace of mind. In future we’d love to buy an older home which we can do up, that way we will be more financially stable, rather than now where not only have we bought a house, but we’ve also needed to fill the house with furniture which is also costly.

I hope this post is of some help to you all! What are your views on new build homes?

Sophie xo



  • Lucy Lincoln

    June 22, 2017 at 2:09 pm

    Thanks for this list of pros and cons, useful to hear that they are from your own decision making as well! Did you buy your new build through the Help to Buy Government scheme? you didn’t mention it in the pros (apart from explaining about less money stress) and it’s an important factor in this decision. The Government won’t be running it forever either so it’s worth taking advantage of it if you are in a position to do so!

    Also, I know you mentioned energy efficiency above, but also the appliances fitted in your new build property would also be new and therefore more likely to be more energy efficient and would also mean that you won’t need to replace them for a while, saving money and helping improve energy efficiency.

    1. Sophie Allan

      June 26, 2017 at 8:10 pm

      Thanks for reading 🙂
      We used the help to buy equity loan, if we chose not to, on the development we bought we’d only be able to get an apartment, so the help to buy was extremely useful.
      And i agree! 🙂 x

  • LNWeaver

    June 29, 2017 at 1:20 am

    I didn’t know new builds came with a 10 year NHBC warranty. You only need to stay in a home 5 years for you have to have an acceptable ROI on it. But I guess you’re probably planning for the long term with a new build anyway.

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