WHEN it comes to moving or buying a first home, many people are faced with the dilemma of old versus new.
A serious debate facing most homeowners is ‘which one will give the best value for money - a new, or second-hand property’?
As well as the prospect of re-decorating, installing a new bathroom or kitchen and laying new carpets in a second hand home – think about how much you could be shelling out on utility bills.
As energy bills continue to rise – and the Government setting a zero carbon target for new-build housing from 2016, making them 79 per cent cheaper to run – there has never been a better time to buy a new, energy smart home.
New homes offer fantastic value in terms of security, design and of course energy efficiency.
- They are up to six times more energy efficient that typical older homes (New Homes Marketing Board).
- New homes are well insulated, and include double-glazing as standard, making them cheaper to run than older homes.
- All new homes are fitted with a water metre. Studies show that new homes are on average four times more energy efficient that older homes, so producing lower energy bills.
Facts (NHBC Foundation)
- A 4-bed detached new home could be 55 per cent cheaper to run (saving £1,312)
- A 3-bed end terrace could be 52 per cent cheaper to run (saving £840)
- A 3-bed mid terrace could be 46 per cent cheaper to run (saving £642)
- A 1-bed ground floor flat could be 47 per cent cheaper to run (saving £426)
- Living in today's new homes could create annual savings of around 55 per cent on gas and electricity spending.
And with Help to Buy, buyers could save even more money on a brand new home through the Government backed scheme.
Chris Roads, Linden Homes sales director, said: “With a deposit of just per cent required and the possibility of a 75 per cent mortgage – Help to Buy is a another great reason to look at the substantial savings that can be made.
“Energy efficient new homes are well insulated and include double-glazing as standard – automatically making them cheaper than many older style homes.
“All new homes are also fitted with a water meter, and studies show that new homes hugely more energy efficient that older homes, so producing lower energy bills.”
Facts (NHBC Foundation)
- A 4-bed detached new home could be 55 per cent cheaper to run (saving £1,312)
- A 3-bed end terrace could be 52 per cent cheaper to run (saving £840)
- A 3-bed mid terrace could be 46 per cent cheaper to run (saving £642)
- A 1-bed ground floor flat could be 47 per cent cheaper to run (saving £426)
- Living in today's new homes could create annual savings of around 55 per cent on gas and electricity spending.
For energy saving tips visit www.energysavingtrust.co.uk
-ENDS-
For further press information please contact Cetti Long at Media Matters on 01733 371363 or email cetti@mediamatters-pr.co.uk
