A £30K reason to invest in new home developments

England – 05/09/2011British housebuilders figures show new home developments save owners on average £30,000


Leading British housing company, Redrow Homes, has released figures demonstrating the financial benefits, which can be achieved when buyers choose new home developments over existing properties. The figures show that on the energy efficiency side alone, older properties waste around £556 every year in energy bills compared to the equivalent size house on one of Redrows new home developments. Added to this is the average cost of redecoration, repairs and maintenance of older properties, which are not needed in new homes, making the final total a substantial £30,000.

Typical existing properties will require an investment of around £10,000 to bring them up to a similar standard as a new home, and some of the features of new home developments will never be achieved in existing housing. New homes have much more stringent legislation on the fire resistance of materials used, the electrical wiring and switches, the energy efficiency measures which need to be designed in an the security standards of the doors and windows. See www.redrow.co.uk for more detail on this.

New home developments for modern living

Redrow are a well known housebuilder across the country and were quick to point out that in addition to the financial savings buyers can enjoy, there are also a number of other benefits to buying new over old. Brand new appliances under warranty are supplied in the majority of homes as well as high efficiency boilers, glazing and plumbing.

Spokesperson for Redrow homes offered comment; “New homes developments have moved on a lot in the past few years. The housing we are building today is some of the most robust, high quality and high spec housing you will find anywhere. And it’s not reserved only for the well off, with our buyer’s schemes pretty much anyone can be living in a Redrow home in no time at all. The best bit is, if you move in and something stops working, we are obliged to come back and sort it out for you. You don’t get that with existing housing.”

Redrows buyer’s schemes offer lower deposits and lower mortgage payments than would be available on existing housing, and all of the homes built by Redrow are covered by a 10 year HNBC guarantee, more details at www.redrow.co.uk

Contact:

Redrow House

St Davids Park,

Ewloe,

Flintshire,

CH5 3RX

01244 520044

United Kingdom

http://www.redrow.co.uk/