Benefits Of Buying A New Home

With hundreds of properties available for sale across London and Greater London there is always a wide selection of properties of various types and a range of prices. 

You can be assured that there will always be a property that suits your requirements. 

When you choose to buy with Fraser & Co, you can expect the highest standard of service every step of the way. 

Our aim is to make moving and investing in London property a seamless, five-star experience, with our award-winning team looking after your interests long after you’ve signed on the dotted line and unpacked the boxes.


You have a better chance of finding the ideal property the earlier you express interest in a brand-new residential development. 

Get in quick and discover out your possibilities if you want that south-facing garden for wonderful summer barbecues or that top-floor flat with amazing views. 

There is a good probability that your specific desires will be satisfied because new construction houses are created with the needs and goals of contemporary homebuyers in mind

10 Year Warranty 

While one of the most obvious advantages of owning a new construction is that repair and maintenance costs shouldn’t be a concern, you also get the peace of mind of a 10-year warranty from a company like the National House Building Council (NHBC) or a comparable organisation, which will cover any structural flaws with the building. 

This means that if issues do develop, the builder will pay for the expense of fixing them for the first two years or the NHBC for the next eight years. 

Also, any white goods, like refrigerators and washing machines, that are included with the house frequently have their own warranties. 

Any minor issues can also be resolved. 

The new owner of the home and the agent will typically take a final “snagging” tour of the property to identify any minor issues, such as sticking doors or scuff marks on the walls or skirting, after the keys have been handed over. The developer will then make these corrections.

No Seller Chain 

You can remove at least one aspect of uncertainty when you purchase a brand-new home: you won’t have to be concerned about the seller’s part of the agreement falling through. 

This is useful to you, but it can also serve as a desirable selling point for your own home. 

Before purchasing a residential development, be aware that there is a schedule for when it will be finished. 

A buyer typically pays a reservation fee and then an additional 10% 28 days after contracts are exchanged.

When the build is finished, the remaining balance is payable.

More Security 

With the cancellation rate for used homes reaching 20%, buying and selling a property can be one of the most stressful life events. 

A private buyer or seller may change their views for a variety of reasons, such as a change in circumstances, a poor survey, a broken chain, or being gazumped. 

When purchasing a new home, the cancellation rate falls to the low single digits. 

The developers are significantly less likely to change their minds mid-sale because this is a business transaction for them. 

A reservation fee is paid when purchasing a new house. 

This holds the property for a specified amount of time and prohibits the developer from accepting a greater offer if you exchange within the predetermined time frame. 

Also, there are no survey-related difficulties to worry about. 

Developers must also abide by the House Builders Code of Conduct, which contains strict guidelines that must be followed; a private vendor is exempt from such guidelines.

Energy Efficiency

Modern properties tend to be designed with energy performance in mind, including insulation and high-efficiency central heating, so you can expect to pay less for your heating bills – as well as reducing your impact on the environment.

Modern Living 

How we live now compared to decades ago has changed dramatically. 

A new build property is built with today’s living in mind. 

Space tends to be open plan and multi-functional. 

A living room will incorporate a family’s needs offering a space, say, adequate for cooking, eating, watching TV and children doing homework, all in a single open area.


Modern technology can be incorporated into newly built homes, such as underfloor heating and smart technology for heating, lighting, and music that can all be controlled remotely. 

AI and smart house technologies are rapidly transforming how we live, and newly constructed homes can fully incorporate them along with all the necessary cabling and infrastructure.

Amenities & Space 

Purchasing a new build in London that offers amenities and rooftop gardens is a smart investment that provides modern amenities, convenience, increased property value, and a positive impact on health and well-being. With access to facilities such as fitness centers, resident lounges, game rooms, and conference spaces, residents can enjoy a convenient and modern lifestyle. 

Rooftop gardens also provide spectacular views of the city, a serene and peaceful oasis in the middle of the bustling city, and exposure to green spaces that can reduce stress, improve mood, and enhance cognitive function. 

Additionally, a new build with amenities such as a rooftop garden can significantly increase the value of your property, setting it apart from others in the area and attracting potential buyers if you ever decide to sell. Overall, purchasing a new build with amenities and rooftop gardens is an excellent decision that offers a variety of benefits.

You can also find out how much your property could be worth on the current market by checking out our free and instant online valuation tool. Please bear in mind that this data is automatically generated. If you would like to have an in-depth, personalised valuation with one of our property experts, please don't hesitate to contact us on 020 7723 5645 or pop into our local Fraser & Co office for a friendly chat.

Related News