One of the benefits of buying a brand new home is that the buying and moving process can be a great deal shorter. Because there’s no upward chain slowing things down, if you buy a new build that has already been built, then you can move as quickly as your own admin allows. And, with a new build there are a team of specialists to help you every step of the way.
If you’re a first-time buyer then buying a new build means avoiding a chain entirely and these can be some of the quickest sales to negotiate. If it's not your first purchase, then you will only have to worry about your buyer’s chain, which means you halve the number of potential delays and issues. What’s more, you can even choose the décor and interior design while you wait for the mortgage to go through – which helps it all feel faster.
Buying a new build means there’s no risk that the seller will suddenly change their mind or accept a higher offer because as soon as you pay your reservation fee, the property will be taken off the market straight away. And with a newly built property there’s no risk that a sudden issue with the house is going to derail your purchase either. The surveys won’t show a long-ignored damp problem in the roof or issues with wiring because everything is brand new and guaranteed.
When you buy a new build property, you benefit from having access to a team of specialists. We use recommended New Build Mortgage Advisers and conveyancing solicitors who are experts in the process of purchasing newly built homes. They can manage most of the paperwork for you, and are used to working closely with new build developers.
Ultimately, whether you are buying a new build or an existing property, it’s important to be realistic and accept that these sales do take time. However, making use of effective, efficient professionals – from the solicitor to the sales adviser or estate agent – will help speed up the process. Moving into an existing property can be achieved in 6-8 weeks as long as the process runs smoothly. However, if you are looking to move even quicker, buying a new build home can help you move even quicker.