The Benefits of Buying Residential Property
More and more people are buying new homes, and there are more than 200,000 new residential properties being built each year. There are many benefits to buying a new residential home through New Homes Direct.Choose exactly where you want to live.
Our search facility lets you find residential property anywhere in the UK, from new build homes to city apartments.A modern home.
With a new residential property from New Homes Direct you´re assured of a high-quality home that´s built to the very latest specification and which meets all NHBC standards.Your home, your way.
When you buy an existing home you have to spend time, money and effort changing the decor to suit your tastes, and older homes may need extensive refurbishment and even re-wiring. With a new residential home you can choose the floorings, kitchen and bathrooms exactly as you want them to be.Save money.
Buying a residential home with New Homes Direct also brings you great savings, as you can take advantage of special deals from property developers.If you don´t need to move in immediately, we can help you buy off plan property. Developers often sell off homes during the construction period to help them finance the development, and this is known as buying off plan. When you buy off plan property you pay for the property early, but can make huge savings compared to the cost of the completed residential property
Using our service
New Homes Direct is the first property web site where you can buy new homes direct from property developers with discounts of 10-20% and reserve online! Many of our new homes and family houses are suitable for the private buyer, so register now - to view our developer discounts and deals.
Registration is free and you will receive the following benefits:
and you will receive the following benefits:- view the discounts and deals for private buyers (eg deposit, stamp duty and legal fees paid, plus discounts or cash back to a value of 15%)
- download the property details, brochures and floor plans
- view local information, aerial views, 360 virtual tours
- arrange a viewing
- save up to 5 searches and 5 properties and receive email alerts
Apply for a mortgage and receive an offer in principle in 2 working days.
Once you have registered, apply to our FSA accredited brokers for a mortgage. You can apply online, over the phone or have a personal consultation (with no broker fees). Our brokers can find most applicants a mortgage even if you have CCJ´s or arrears (subject to status), although in difficult cases the brokers reserve the right to charge a small fee (typically £250).
This is the first property site where you can reserve your property online. Once you have a mortgage offer from our broker (or your own lender) you can reserve your chosen property online. You just pay using your credit card:-
- The reservation fee (£500-£1000),
- The mortgage valuation fee (£500-£750)
- A deposit towards the cost of the disbursements (£250).
Most properties have to exchange within 28-days - so we have made the conveyancing process simple and our conveyancing partners allow you to track the whole process via their web sites.
For residential buyers we normally receive our fee direct from the developer, in the form of a cash back, which is deducted from your discount. On reservation, you are required to pay the developer a non-refundable deposit (typically £1000-£2000). We can take that on your behalf by bank transfer and pay the developer immediately, this ensures that you do not loose your plot to someone viewing in the showroom. £1000 inc VAT towards the finders fee (non-refundable) is also payable at reservation. If the finders fee is being paid by the developer, we simply require a £500 + VAT admin fee at reservation, this is non-refundable.
