Do new build houses increase in value?
Between 2009 and 2019 UK new build prices rose by 46.9%, compared to 41.5% with existing stock, a difference of 5.4%.
In London, the price of new builds has increased by 1.6% since the vote, while existing property prices have actually dropped, down -2.1%..
Are new build properties a good investment?
One advantage of investing in new build developments over existing housing stock is that new builds tend to be more energy-efficient and are therefore cheaper to maintain. The existing, historic housing stock in the UK is great. It’s very stable, longstanding and in the right areas, there is a lot of tenant demand.
Is it worth buying a new build house?
New homes are typically more energy efficient than older houses, having been built with newer building materials, better insulation, and state-of-the-art tech. Consequently, energy costs should be lower than with a resale property.
Can you haggle on new build house prices?
But, one of the main questions on everyone’s mind during this consideration stage is, “Will home builders negotiate on price?” Whilst most custom builders probably won’t budge too much on price – what they can do is come up with cost saving options for you. Yes, there are ways to save money on your new build!
Is it hard to sell a new build?
New homes are more difficult to sell on You should also be aware that around 75% of UK home buyers would not buy a home built after 2001.