How to Choose the Right New Development for Your Next Move

From the use of sustainable materials to the quality of the local infrastructure.

With that in mind, this guide will provide you with the knowledge required to find the right new development for your next move, especially if you’re not familiar with properties in new developments.

Research the Developer

When it comes to new developments, it’s important to research the developer in detail. First and foremost, look for developers that have a strong history of quality and are award-winning, if applicable.

You’ll also find it useful to visit previous developments from the developer to evaluate the construction quality, design and how the development has aged.

It’s helpful to utilise platforms or social media groups for the purpose of honest feedback from residents about how the builder has been in regard to their own experiences.

The home should come with a reputable 10-year structural warranty, such as the National House Building Council (NHBC).

Evaluate the Location and Community

It’s good to evaluate the location that you’re looking at when it comes to buying in the right area. The same goes for what’s going on in the local community, too.

You’ll want to check the proximity to schools, healthcare, transport links and shops. Are there any future development plans? This could impact your view, your privacy or the home’s value.

It’s worthwhile walking about the area on weekends and evenings so that you can gauge noise levels and community feel.

You should look for green spaces, nature trails and safe lighting to ensure the development is safe for your next move.

Select the Right Plot and Property Type 

Plot selection is highly important to consider. The proximity of the plot to the amenities, for example, such as visitor parking or bin stores, is something to think about.

You’ll want to ensure the home suits your lifestyle, especially if you need space for a home office. Orientation of the garden is also essential to think about, and the way it faces for the purpose of natural light.

Financial Planning and Incentives

Some developers will offer incentives like Stamp Duty contributions, upgraded appliances or flooring packages.

The understanding of service charges is also something to think about, as estate management fees or service charges are additional costs.

You’ll also want to budget further beyond the purchase price, like the costs of landscaping, decorating and furniture.

A mortgage broker is useful to seek professional advice, especially when it comes to specialised, new-build mortgages that you may need to acquire.

Finalising the Purchase

In the final steps of success in securing the new development property, there are a few extra steps that finalise the purchase. These include:

• Snagging inspection – Arrange for an independent snagging survey to identify any minor defects for the developer to fix before moving in.
• Understand long-stop date – Ensure your contract has a long-stop date and provides a deadline for completion, which gives you legal rights if the developer faces major delays.
• Ask about sustainability – Prioritise homes with high EPC ratings, solar panels and heat pumps.

Choosing the right new development takes time, so it’s good to be mindful to do all the research necessary to pick the right place for you and your household.