New builds are a fantastic way to maximise your investment if you have a large plot of land, a smaller house that can be rebuilt into a larger home, or are looking to rebuild instead of renovate.
Conventionally, clients tend opt for full home renovations, but rarely consider the benefits of a new build. Depending on your circumstances and needs, this could be the perfect solution.
Although you may not expect it, home renovations tend to be more expensive than a new build as you are effectively stripping everything out and replacing everything in the existing home, whilst also having to comply with updated building regulations and thus adding to the cost.
During the renovations, you may also experience some nasty surprises that need fixing, adding to the total build cost.
With a new build, it tends to be less expensive and the more cost-effective solution for you to end up in a new home as you get to reclaim the 20% VAT on all the purchases and labour costs for the project, saving you a substantial amount of money. It allows for you to better control your costs and also make adaptions to fit within budget.
Secondly, a great benefit taking this route is absolute customisation and design freedom to fit your needs and lifestyle.
It provides you with the ability to get involved and manage every detail of the house to how you see fit. You also have the peace of mind that you and your family are living in a nice, sturdy and fresh home.
Thirdly, we all have to take care of our environment and also keep energy costs down. A rebuild gives you the opportunity to maximises the energy efficiency of the home, saving you money in the long-run. A new build will inevitably improve the thermal efficiency of your home, and can also opt for an air source heat pump to go further. Other modifications could involve solar panels to cut down on electricity costs and adapt to the electrification of cars and whatever the future may hold.
Such projects take time and significant planning. The process itself is similar to a house extension or a loft conversion, albeit more time consuming since there is a lot more work involved.
Please contact us for advice or consultation on whether this route is appropriate, how to get started and the next steps involved. From design, to planning permission, construction and completion, we can help you on your way.