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ContactFive Signs That It’s Time To Consider A New Build.
Tuesday 28th of January 2025
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Whether you’re a downsizer, upsizer or first-time buyer, how do you know when it’s the right time to move?
Economic factors like interest rates naturally play a big part in making a decision but, according to our customers, personal reasons tend to be the main drivers. So what are they? We take a look…
1. Your home feels too small or too big.
This is one of the most common reasons we hear from our customers. Either their family is growing and they need the extra space, or their home is starting to feel big and empty so they’re looking to downsize.
Whichever camp you fall into, new build developments represent a great option, as they typically offer a variety of house sizes, while also being surrounded by vibrant communities.
Our Hoo Farm development in Minster, for example, features 18 private two- and three-bedroom homes, and seven two-bedroom homes offered through the shared ownership scheme. Each is finished to a high standard and comes fully fitted with flooring, appliances, private parking and landscaped gardens laid to seed.
These homes have been designed to bring you the best of modern country living, whether it be your first purchase, a move for an expanding family or an opportunity to downsize.
2. Your maintenance costs are becoming too much.
Old homes often require a significant amount of maintenance and repair but when the ongoing costs become prohibitive, it could be time to look for a new property.
Built to the latest building regulations – and therefore requiring very little maintenance or repair – new builds allow you to focus on enjoying your home instead of working your way through an ever-increasing list of expensive DIY tasks!
3. You want to reduce your bills.
As well as typically requiring more repairs, older homes are usually more expensive to run as a result of the older building standards to which they have been built.
The level of insulation that was required decades ago, for example, is much less than now, meaning older homes may take longer to heat and may not retain the heat as well as a new build.
This is another reason why a new build might be a great choice for your next home. According to research released by the Home Builders Federation in May 2024, the average new build energy bill is 57% cheaper than for older properties, equating to an annual saving of £1,685 for those who live in a new build!
4. You need to be in a specific school catchment area.
Research found that parents (and would-be parents) are prepared to pay, on average, an additional £26k to buy a property within the catchment area of a top-performing school over one in a neighbouring area that is out of catchment*.
This is becoming an increasing consideration for new or growing families, which is exactly why our Ironlatch development in St Leonards-on-Sea is located within the catchment area of several fantastic schools!
If you’re considering moving house to be in a better catchment area, remember to also look online for information about new build developments that are coming soon as these could provide you with even more options.
5. You’ve fallen out of love with your current home.
If you’ve simply fallen out of love with your current home and fancy a change of scenery, you’re not alone – customers often tell us that this is why they’ve decided to move to one of our developments.
If you’re looking for a slower pace of life in some of England’s most beautiful countryside and are ready to fall in love all over again, our new Wilkes Field development in Cranbrook features 27 energy efficient one-, two- and three-bedroom homes, as well as a restored Grade-II listed cottage!
Conclusion.
If you feel any of the above, it might be time to consider moving to a new build.
To take a look at the availability at any of our new build developments across Kent, Surrey and Sussex, click here!
