Why buy a new home from us?
One of the main benefits of buying a new build property is that it's less likely to require the same level of maintenance that you'd face with an older home. Your energy bills may well be cheaper, too, given that new-builds are better insulated than period homes.
If buying off plan (before it's actually been built), you'll able to choose certain aspects of the design in terms of kitchens doors, handles, worktops, carpet and tiling finishes.
What's included in our new homes?
One of the great advantages of buying a brand new homes from us is that many of the fixtures and fittings you'd otherwise have buy are included in the price.
All out homes come with a full turnkey finish. Each finish is specific to each development so please check out the listed specification on our development listings.
Today's building rules and regulations also mean that there are standards we have to meet to make your property as energy-efficient as possible, helping you save on bills.
This means that energy efficient features such as double glazed windows, insulated walls, roofs and doors, and energy-efficient heating are all standard in our new homes.
The process of buying a new home
1. Get your finances in order
Seek guidance from a qualified mortgage adviser on how much you might be able to borrow. That way, you'll know exactly what you can afford before you start going to visit properties that are beyond your budget.
It may be helpful to have a mortgage agreement in principle (AIP) before you start house-hunting, particularly if you're a first-time buyer.
It's a document from a mortgage lender confirming that it will, 'in principle', give you a mortgage for a certain amount, which you can use to prove to the developer that you'll be able to afford the property.
2. Find a property
The next step is to find a development you like the look of. Research the area, local amenities.
Once you have a clear idea of your price range, it's time to start visiting your news developments of choice. You'll be taken around a Show Home by a private appointment with our Selling Agent(s) or if available view the Show Home on a Open Viewing Day (usually Sundays 2-4pm). All our Show Homes closely replicate the properties within the development and showcase the level of finish of the home you're considering buying if it hasn't been built yet.
3. Make an offer and pay a fee
If you're keen to buy one of our new homes and are confident you can afford the monthly mortgage repayments, it's time to make an offer.
If your offer is accepted, you'll need to pay a reservation fee. This is deducted from the purchase price when you complete.
Be aware that this fee is non-refundable if you decide to pull out.
4. Start working through the legal and financial details
You'll need to appoint a conveyancer or solicitor to deal with the legal side of your purchase. It may be helpful to find one with experience of dealing with new developments.
They'll also negotiate the date with us to get your keys and manage the funds to buy the property.
At the same time, you'll start the process of applying for a mortgage, and wait while your lender has the property independently valued.
5. Wait to move in
With a new development property, you'll exchange contracts months before you move in. This is the point at which you pay your deposit, via your conveyancer.
This is where having a great conveyancer is vital, as they should keep both you and your mortgage lender up to date throughout the process.
6. Enjoy your new Hagan Home
