When it comes to choosing a property, whether to buy or to rent, one of the first things we consider is whether we would prefer a period property or a new build. It is important to decide what type of building suits you and your needs best. We have compiled a list of points of living in a period or a new home.
New Homes
Modern lifestyle
When you are choosing a new built property, you are also choosing the development, and usually all the amenities that come with it – swimming pools, gyms, saunas, as well as the restaurants and shops. It really is the luxury of the convenience that comes with the new development.
Current demands
Whether it is security, accessibility or even something as simple as layout, newer homes are often much more suited to the needs of the modern buyer (or renter). New builds tend to be more open plan with the possibility of being made to be wheelchair accessible, and come with security features as a requirement. Some of the developments even allow the buyer to choose various features of their new home, such as kitchens, bathrooms and fireplaces.
What’s more, as well as the possibility of designing a new property from scratch, a buyer may be able to make choices about various features of the new home, such as fireplaces and kitchens.
High quality
New built properties usually would have good quality fixtures and fittings ensuring that your wear and tear would be minimal. These properties are also often designed to be eco-friendly, be it installed solar panels or good quality insulation. While this is obviously good news for the environment, it may also be good for your finances, saving you large amounts of money on electricity or heating bills.
Chain free
If you are buying and want the sale to complete quickly then a new built home would definitely come with the advantage of being chain free, as it does not have a previous owner. This means that your purchase can run as smoothly as possible, not replying on other person’s deal going through, making the process less stressful and quick.
Help to buy schemes
The government is trying to encourage people to become home owners and with the schemes such as Help to Buy, this makes new built properties much more appealing to first time buyers who may not be able to get onto the property ladder otherwise.
Period Property
Character
It is no secret that period properties come with bags of character and charm. Period houses are often full of original architectural features such as bay windows, fireplaces and cornicing, they also tend to be bigger in size and have high ceilings. On the other side period properties may have award layouts (for example having family bathrooms on the ground floor accessible through the kitchen) which you may not be able to alter as a result of conservation issues.
Location
By virtue of being older, period properties tend to be located in the most desirable of locations, close to transport links and amenities. A lot of these properties are also located close to parks and garden squares. If you are looking for a specific sought after location, a period property may be your only answer.
Ability to add value
Buyers looking to add value to the property often choose period properties, as these may allow you to extend the property at the rear or into the loft. This may be a crucial point if you are looking to sell in the future, not only will an extension add more space to the property but also allow you to achieve a much higher price.
Timeless appeal
It is fair to say that period properties are not reliant upon current trends. You are free to decorate and replace the fixtures and fittings within the property as you please. This may not be the same in a new built property, where you may have to wait for the whole development to be updated when there is integrated technology in place.
Whether you prefer a new built or a period home we have it all! Just give us a shout and we will help you find your dream property.
Press Contact:
Miss. Claire White
W. Why Media
E. claire@whymedia.com
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