Q – We are a working couple, looking to buy our first new home and have been trying to save a large deposit for over 6 months. We are still nowhere near the amount we need to even apply for a mortgage. Please can you help?
Anne Hepworth & David Scully
A – Don’t worry! It’s a common problem facing thousands and thousands of young couples all over the North East. Fortunately there is a very simple solution. FirstBuy is a government-backed scheme, developed to get people just like you onto the property ladder. All you need to do is call in to see me at Nursery Gardens and we’ll work out the details. You may not even need a deposit at all!
Q – I really want to buy a new property but I’m stuck in a chain. Is there any way around this?
A – New build properties offer a fantastic solution to your problem. Homebuilders are able to offer part-exchange options to buyers looking to move quickly and free themselves from a property chain. Dunelm Homes’ own part-exchange scheme is structured so that any existing property will be purchased by them. Effectively, Dunelm become a cash buyer at a fair market price with no estate agents fees to pay. It’s a straightforward solution to moving forward with your home purchase, and one which cuts through the property chain simply and quickly.
Q – I’ve been looking at some of the second-hand properties in Ingleby Barwick – why buy new instead?
A – With a modern new build home, move-in costs are kept to a minimum. There’s no major outlay for structural repairs and the house is a blank canvas on which to make it your own. Buyers are also able to choose many of the major features in the home, such as the kitchen or bathroom, in order to personalise design and practical elements during the construction phase.
All new build homes are also covered by the NHBC 10 year warranty and insurance policy, as well as the builder’s own two year guarantee. So any major problems will be rectified with no cost to the owner.
Budgets are always stretched when buying a property, but with a new build you know repair and maintenance costs will be kept to a minimum for many years to come. You are purchasing the most up to date technology and housing design, with modern insulation and any problems resulting from wear and tear will be minimal.
What’s more, with offers such as Dunelm’s Designer Package you don’t need to find additional money or time to replace carpets, fit curtains or turf the garden as this will all be done for you before you step through the door. New build properties really do offer hassle-free moving.
Q – Is now a good time to buy, I’ve heard that I should wait before purchasing a property at the moment?
A – This kind of statement is something I hear quite often and a good deal of uncertainty stems from the varied rumours about the housing market since the start of the economic downturn in 2008. What I can report from the front line of the new homes market is that we have seen a very strong start to the year. 32% more homes have been sold across Dunelm Homes’ developments in the first two months of 2012 than in the same period last year. With all of the support available to new build home buyers, it seems many people have become tired of waiting for the ‘right time’ and instead are just moving forward with plans when it fits with their life and their dream property is available at a good price.