13 advantages of buying a new build property in central London

Published: 04/06/2024

13 Advantages of Buying a New Build Property in Central London with Circa London Sales & Lettings

New home construction offers one of the most exciting and modern options for buying property in Central London, including sought-after areas like Shoreditch, Bankside, and Southwark. With its clean, spacious rooms, cutting-edge technology, and energy-efficient features, new-build properties exemplify 21st-century living at its best.

If you're considering whether a new-build property is right for you, here are 13 key advantages:

• Customisable Design: Many new-build homes offer the option to personalise fixtures, fittings, colour schemes, and flooring. This means you can craft a home that reflects your style and taste in sought-after areas like Shoreditch or Southwark from the beginning.
• Brand-New Appeal: A new-build property is, by definition, new! Enjoy modern finishes, the fresh scent of new paint, and the peace of mind of knowing no one else has lived there, making it the perfect blank canvas.
• Comprehensive Warranty: New-build homes typically come with a 10-year warranty, which offers protection against structural issues and provides peace of mind.
• No Hidden Surprises: Unlike older properties, a new-build home offers transparency—no aging materials or outdated décor to worry about. With Circa London Sales & Lettings, you'll find properties with no hidden issues in prime areas like Bankside.
• Energy-Efficiency and Savings: New-build homes are designed to be energy-efficient, reducing future utility bills and keeping you warm in winter. Over 80% of new dwellings boast an Energy Performance Certificate rating of A or B, ensuring you're making a smart investment for the future.
• Top-Tier Safety: New-build homes are built to the latest safety standards, with fire-resistant materials and technology to protect you and your family.
• Enhanced Security: Many new-build homes come pre-wired for alarm systems, offering higher levels of security and potentially lowering your home insurance costs. This added peace of mind is especially valuable.
• Better Bargaining Power: Developers of new-build homes often have more flexibility, meaning you might have greater bargaining power than with an older property. You may also receive incentives like part-exchange to ease the purchasing process.
• Flexible Financing Options: New-build properties may offer more flexible financing terms, particularly when working with developers or large firms that offer mortgage services. This can be especially helpful for first-time buyers looking for options in the heart of Central London.
• Support for First-Time Buyers: New-build homes are the only option for first-time buyers to get onto the property ladder. Government schemes such as Help-to-Buy and Shared Ownership are typically available only for new properties.
• Exclusive Incentives: Developers may offer incentives like covering stamp duty, paying legal costs, or evenincluding features like carpets and kitchen fittings. These perks can save you a substantial amount, making a new build in Southwark or Shoreditch even more attractive.
• Modern Amenities for Luxurious Living: Many new-build properties come with modern technology, smart-home features, and open-plan designs. Enjoy perks like in-house gyms, cinema rooms, concierge services, and business suites, which can elevate your lifestyle.
• Chain-Free Transactions: New-build properties are often chain-free, meaning a quicker and smoother buying process. Once you've reserved your property, it's taken off the market, and you won't need to worry about delays caused by previous owners.

In conclusion, purchasing a new-build property in Central London offers many benefits. From customisable designs to cutting-edge technology and energy savings, it's a modern, practical choice.

With Circa London Sales & Lettings, you'll find the perfect new-build home that reflects your needs and lifestyle in the heart of London.