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Why Build a New Home? delivered to your door propertyYour paper, local London & Southern Edition March/April 2016 PROPERTY OF THE MONTH P8 MORTGAGES P23 BUDGET P41 INTERIORS P42 GARDENING P46 Why build a The first step new home? P3 – six great starter homes P6 One of the most exclusive addresses in Mill Hill. Computer generated illustration indicative only. Final elegantly appointed apartments now released Completions from March 2016 Available to view Information Centre and Showhomes open daily 10am - 5pm 2 and 3 bedroom apartments from £875,000 - £1,850,000 For further information telephone 01753 336594, email [email protected] or visit www.stjosephsgate.co.uk St Joseph’s Gate, Lawrence Street, Mill Hill, London, NW7 4JZ London, Kent, Sussex, Surrey, Hampshire, Isle of Wight – Find your new home at Whathouse.com The Halebourne Group Find your new home at whathouse.com/new-homes new home 3 Open March 2016 Welcome! Show Home Why buy a new his March’s Budget speech merely confirmed one or two of the changes to the property market previously Tintroduced, with the Lifetime ISA the only brand new announcement with effect on potential homebuyers – and even that is a very similar build home? product to the Help to Buy What are the reasons why house-hunters should consider buying a new build home? ISA he brought to the market last November. rand new is special. Many Some of us will certainly be THE LATEST disappointed that the Chancellor house-hunters simply love the STANDARDS The Ridge ‘blank canvas’ of a brand new did not clarify – or modify – last New-build homes are built to high year’s stamp duty changes for buy- RIDGEMOUNT ROAD SUNNINGDALE SL5 9JQ home. In the same way that Bbeing the first driver in a new car has standards of workmanship, energy to-let and second homes, where a 10 luxurious apartment mansions concierge service secure basement parking private terracing to all apartments a special feel to it, so does a moving efficiency and sustainability – far 3% surcharge will be charged from into a home that no-one else has lived more so then even ten years ago. This 1 April 2016, adding thousands to in, where everything is brand new and means they don’t leak heat like many the buyer’s bills. SummerAvailable 2016 up-to-date and you can decorate to older homes, and are therefore far There were hopes that the your own taste. cheaper to run. New boilers, bathroom proposals may have been changed If you buy early enough, at the sanitaryware and kitchen appliances to make allowance for parents off-plan stage, you may be able will use fewer resources than older aiming to help their offspring onto to get the housebuilder to make models, too, making your home kinder the property ladder. This would changes to the layout, fittings on the environment. seem to be a reasonable exception and finishes to really personalise to the rule, acknowledging the your home. GUARANTEES ON family assistance many buyers rely QUALITY on and also potentially meaning IT’S HASSLE-FREE those fortunate enough to benefit Every new home must come with a from family financial assistance You won’t have to worry about a guarantee on structural work (most would leave government Help forward chain when you’re arranging often ten years). Some housebuilders to Buy finance (a finite amount to exchange contracts and move in. also provide further guarantees on of money) to those without that items not covered by the structural assistance. THERE ARE INCENTIVES warranty, for example on appliances, In Scotland, where Help to Buy TO BUY plumbing etc, providing further peace- has only just been re-introduced, Clarence House of-mind. There are hundreds of housebuilders Barratt Homes has already alerted REGENTS WALK ASCOT SL5 9JQ in competition with each other, buyers to the possibility that the first THE LATEST year’s new finance might run out this magnificent house is set in a beautifully landscaped south facing garden, arranged over three floors so you may find some of them offering helpful schemes to sway SPECIFICATION this summer. In the UK as a whole, you to buy with them, such as a Housebuilders are providing ever- 150,000 buyers have already been and many homes come with multiple today’s new homes are generally much part exchange deal, or paying estate higher internal specifications to meet able to find a new home thanks to TV and telephone points, while some safer and more secure than older agents’ fees when you sell your the demands of today’s homebuyers. Help to Buy but the money won’t will be wired for sophisticated home homes. The latest standards require existing property. And of course For example, you’ll commonly find be provided forever and it would technology. the use of fire-retardant materials, an en suite shower or bathroom be nice to think the taxpayers help there are government-funded smoke alarms, door and window locks and fitted wardrobes to the master was going to those that really need assistance schemes such as Help and security lighting. to Buy and Shared Ownership on bedroom, larger homes may come with SAFETY AND SECURITY it most. some properties. separate utility rooms off the kitchen, Improved regulations mean that Spring is a really important time of year for homeowners and buyers - the weather starts to give homes a EXPERT VIEW better appearance to buyers, while longer days (and the Easter holiday) provide time for major DIY projects Hertfordshire estate agency inside and outside the home. Sewell & Gardner says: Design and Build Opportunities Available Stamp Duty Incentives Judging by my inbox, the “Buying a new build eliminates the number of events and launches stress of an onward chain and gives happening in the new homes buyers the chance to start with a market is really hotting up (more so Berroc blank canvas, which can be tailored than the weather) so if you’re in the BUTTERSTEEP RISE ASCOT SL5 8AX to their own tastes. market for a new home and weren’t “There are also a number of able to make the most of the Easter an elegant country mansion set in 3.5 acres of south facing gardens practical benefits including lower break, I’d suggest this is a great time bills as a result of the latest heating to make a concerted effort to see Design & Build Plots Available Cobham Wentworth Estate Ascot systems, glazing and insulation. the tremendous array of new homes New homes also come with a ten- coming up for sale. contact +44 (0)1276 856449 for further information warranty, protecting buyers from structural defects. If you’re looking for that dream “Another benefit, which is home – happy house-hunting! often overlooked, is the rare opportunity to buy something new that doesn’t immediately depreciate upon purchase. Unlike Keith a car for example a new home is supported by the local residential Keith Osborne, editor. housing market meaning that (in [email protected] To download the Halebourne App the current market) you are likely to @keithosborne69 see appreciation on your asset from Halebourne House, Halebourne Lane, Chobham, Surrey GU24 8SL Email: [email protected] www.halebournegroup.co.uk day one.” OVER 50% SOLD LATEST RELEASE EAST OFFICERS’ QUARTERS A selection of just 20 beautifully converted apartments and houses 1 bedroom apartments from £330,000, 3 & 5 bedroom houses from £750,000 Last few 2 & 3 bedroom properties available in The Parade from £485,000 Marketing Suite and Showhomes open: Thursday - Monday 10.00am - 5.00pm (Sunday 4.00pm) www.theacademywoolwich.co.uk or call: 020 3689 7811 Rupert Bates, editorial director of Managing director Daniel Hill NHBC – the WhatHouse? has been a property Editorial director Rupert Bates journalist for 25 years. He is Editor Keith Osborne an award-winning writer who [email protected] mark of a started on local newspapers before Chief sub-editor Suzanne Frost becoming a columnist on The Daily Telegraph. He presents the annual WhatHouse? Designer Sarah Davies quality home Awards, edits leading housebuilding magazine Contributors Show House and is property correspondent of Nick Parkhouse Richenda Oldham The Field magazine. Fiona Brandhorst Helen Christie Sales director Adrian Talbot Keith Osborne started writing [email protected] Before you buy a new home, make sure it about property 14 years ago and Sales Bob Faulkner has Buildmark, which provides you with 10 has been editor of Whathouse. [email protected] com since 2010. He is currently Sales Charles Spiteri years’ warranty and insurance. Then you’ll a columnist in housebuilding [email protected] trade magazine Show House and know it’s good quality and that your has previously written for Homes Overseas investment is protected. magazine. He has also been a part of the Cover photo: Gleneagles in Kingswood, Surrey A chance to win £50 WhatHouse? Awards judging panel for a from Sothebys International; 01932 860537 number of years. It couldn’t be simpler – just ‘follow’ us 0844 633 1000 on Twitter (@What_House) www.nhbcnewhomes.co.uk One of our new followers Published by: Globespan Media Limited, 291-299 Borough High Street, London SE1 1JG from 1 to 30 April 2016 will win T: 020 7940 1070 E: [email protected] £50 in Marks and Spencer vouchers W: www.whathouse.com Printed by 39zero / Distributed by Royal Mail © 2016 Globespan Media Limited WhatHouse?, ISSN: 02691310 NHBC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. NHBC is registered in England and Wales under company number 00320784. NHBC’s registered What House? @What_House address is NHBC House, Davy Avenue, Knowlhill, Milton Keynes, Bucks, MK5 8FP.
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