Sunday, February 25, 2024

How new homes incentivise first-time buyers in 2023

Buying a new home is an exciting experience, but it can also be daunting. Fortunately, there are many incentives that make it easier for first-time buyers to purchase a new house, from energy efficiency to government schemes and developer financial schemes. Let’s take a look at how new homes incentivise first-time buyers in 2023.

Energy Efficient

Fit for modern living purposes in 2023, New Builds tend to be more energy efficient than older houses due to their roof insulation and use of renewable heating technologies. This can save you money on your monthly bills as well as help the environment by reducing carbon emissions. Additionally, if you are looking for a home with lower running costs or one that will help reduce your carbon footprint, then buying a new home could be the best option for you.

Developer Financial Schemes

Many developers offer financial schemes designed to make purchasing your dream home easier, such as ‘Deposit Paid’, where you don’t need to pay any deposit upfront, and ‘Builder assisted sale’, where the developer may help you sell your current home or ‘Part-exchange your house’ which allows you to exchange your existing home for one from the same developer without needing estate agent fees or worrying about selling before buying, so these are all great options if you are considering purchasing a brand new build property.

Armed Forces & Keyworker Discounts

If you work in certain professions, such as the Armed forces or as a nurse, then some developers may also offer discounts on their properties, so this could be another great way of getting onto the property ladder and into your dream home sooner than expected.

Purchasing a new build doesn’t have to be intimidating; there are plenty of incentives out there that will make it easier for first-time buyers in 2023. From energy efficiency thanks to improved roof insulation technology, to developer financial schemes like ‘Deposit Paid’ and ‘Part-exchange Your House’, there are many ways that potential homeowners can get onto the property ladder quicker than ever before. Armed forces and keyworker discounts may also apply, so do not forget to ask about them when viewing properties.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £27.55 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Advertisment












Latest posts

District Council installs 7 new defibrillators in Spalding

South Holland District Council has completed work to refresh and improve the availability of defibrillator equipment from council owned buildings in Spalding, installing seven...

You are now engaged and have set the date…time to get planning!

Every bride dreams of their special Wedding Day, but to make that dream come true takes a lot of planning and organisation. Whether you have...

Further £2.5m promises to create more skilled workers for vital sectors

A further £2.5m from the second phase of the Higher Technical Education Skills Injection fund promises to help the Lincolnshire Institute of Technology support...

Construction gets underway to create new multi-million pound Emergency Department in Boston

Work has begun on constructing the new multi-million pound Emergency Department at Pilgrim Hospital, Boston. The demolition of the building next to the existing Emergency...

New solution helping those in need in Grimsby welcomes first residents

A new council complex for people without homes and facing difficulties in supporting themselves to live independently, has welcomed its first residents. North East Lincolnshire...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close