Brits Favour New Build Homes When It Comes To The Old V New Dilemma

WHEN it comes to moving home or buying a first house - many buyers are faced with the dilemma of old versus new.

But according to latest research, Brits favour new builds over refurbishment or renovation projects.

Less that one fifth of house hunters are willing to take on a property that requires a lot of work - and while 63 per cent say they favour older properties, 81 per cent still want to move into a home that requires little or no work.

The findings from a well-known comparison website reveal that people are not keen to bite off more than they can chew when it comes to serious DIY – with 30 per cent of respondents solely focussing on buying new builds.

Linden Homes North sales director Steve Woomble said: “The choice of whether or not to buy new is enormous, leaving homeowners with a serious debate over which will give the best value for money - a new, or second hand property.

“While older homes traditionally have larger rooms; re-decorating, installing a new bathroom or kitchen and laying new carpets are just some of the DIY jobs many of us people planned if moving into a ‘used’ home.

“However, buying a new house can not only cut down the cost but also put buyers in the driving seat when it comes to those finishing touches.”

Reasons for buying new:

Steve added: “In today’s market place, with so many incentives available – particularly the Help to Buy scheme - the argument for buying new as opposed to old has never been greater. There are massive benefits to ease the financial burden and stresses related to moving home.”

Other findings of the research by Gocompare.com include:

Home buyers can reap the many benefits of opting to buy a brand new home over an older one. Pictured, typical Linden Homes North home.
Home buyers can reap the many benefits of opting to buy a
brand new home over an older one. Pictured, typical
Linden Homes North home.

-ENDS-

For further press information please contact Cetti Long at Media Matters on 01733 371363 or email cetti@mediamatters-pr.co.uk

14 May 2014

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