To celebrate New Homes Week, which is running from Monday 27th February to Friday 3rd March, leading developer Lovell Homes is sharing the top five reasons why homebuyers should consider new builds in the search for their perfect home.
New Homes Week is a national event organised by the Home Builders Federation (HBF), providing house hunters will all the information, guidance and inspiration needed to make the move to a new build home.
For New Homes Week the HBF has released a new report1, which found that new build house owners’ average savings will increase to over £3,100, as energy prices are set to rise again in spring and the Government’s Energy Price Guarantee cap will increase on Saturday 1st April.
Suzie Hewitt, regional sales director at Lovell Homes, said: “We are delighted to be taking part in New Homes Week by providing Somerset property seekers will all the information they need about moving to a brand-new home.
“There are so many benefits to living in a new build property, as they allow homeowners to save on bills and live more sustainably. We’re excited to be sharing our top five benefits, in the hope that we can help property seekers find a home that is perfect for them.”
- Save on household bills
The HBF’s report details that, on average, buyers of new build properties currently save over £2,000 on household bills each year, the equivalent of £174 per month. Homeowners of new build houses specifically see an average saving of £216 per month, equating to over £2,600 a year.
In December 2022, the average annual running cost of a new build was just over £1,400, compared to an average of over £3,500 for older properties.
- Own an environmentally-friendly home
85 per cent of new builds were rated A or B for energy efficiency in December 2022, whereas under four per cent of existing properties reached the same standards, and 51 per cent were rated D or lower. New build homes also require significantly less energy use and emit over two tonnes of carbon less than older properties each year.
As standard, Lovell homes benefit from AA+ appliances and energy-efficient insulation, as well as use 30 per cent less water and 80 per cent less electricity for lighting.
- Decorate as you wish
A new build is the perfect blank canvas for residents to decorate to suit their own tastes and truly turn the property into a home. There is no damage or hidden DIY from previous owners to deal with, no old décor to take out or cover up, and no unwanted fittings, fixtures and appliances.
Upon reservation, Lovell homes can be personalised with its Inspirations range, allowing homeowners to begin adding personal touches and selecting finishes and upgrades before their home is complete, subject to build stage.
- Rest assured knowing your home is under warranty
New build homes come with guarantees and warrantees that give residents peace of mind. Old homes can come with repairs that take up time and money, whereas new properties are designed to be ready to live in from day one.
All Lovell homes come with a 10-year NHBC Buildmark policy, which includes deposit protection from exchange of contracts, a two-year builder warranty from legal completion, and eight years of structural defects insurance cover.
- Benefit from homebuying schemes
Unlike second hand properties, new build homes can often be purchased with the help of homebuying schemes and offers, enabling buyers to move home in a way that is affordable.
As part of New Homes Week, Lovell Homes is launching a Part Exchange scheme, where homebuyers can purchase a new home and have Lovell organise the sale of their existing property.
Find out more about the schemes available.
Visit New Homes Week for more information.
In Somerset, Lovell Homes is providing new homes at its Foxglove Meadows development in Weston-super-Mare, which is open 10am to 5pm, seven days a week. For further information on the homes available, visit or contact the sales team on 01934 331 893.
Find out more about the energy-efficiency of Lovell homes.
Last year, Lovell Homes achieved a five-star rating with the Home Builders Federation and gold for customer service with In-house Research, meaning an impressive 98 per cent of customers in the South Wales and West would recommend Lovell to family and friends.
You can also like Lovell on Facebook and follow Lovell on Instagram at @lovell_homes, and on LinkedIn @LovellPartnershipsLtd.
1https://www.hbf.co.uk/documents/12053/Watt_a_Save_Report_Feb_2023_-_Final_nW9oUaX.pdf
