New Build Flats For Sale In London

London New Build Flats

New Build Homes in London

If anyone is planning to buy any kind of residential property, first preference is always given to new build property. New build property has been always attraction point compared to old ones. There are many luxury apartments built up which are many attractive as well as beneficial. There are many reasons behind that which are as under:

· Ready to move on: As new properties have been constructed before short period only, no repair or another work is required to be done. So, one can shift in the property as soon as gets possession of the same. While in old construction you need to get it repaired or renovated first.

· Lower maintenance cost: In newly constructed homes, there is the very lower cost of maintenance. In some cases, at the time of purchase of home itself, the buyer needs to pay lifetime maintenance charges. Then after no maintenance charges are required to be paid. So it is the best advantage of these type of homes.

· Warranty by builders: Now all builders give minimum 10 years warranty for all the newly constructed homes. So one can the benefit of the same which cannot be given if you are buying any other old property. In case, any damage occurs to the property, the owner can file a claim against the builder. So, it is beneficial to the buyer to purchase a newly constructed home.

· Availability of amenities: Though it is a residential or commercial property, in any newly build up, there are always higher amenities available, compared to old ones. New constructions provide many amenities such as 24 hours Water Supply, Security Guard, Sweeper, Intercom Connection, etc. So, it becomes more suitable and convenient to use such properties. These properties give comfort of luxury apartments.

· Ease in getting finance from banks or other financial institutions:

Sometimes a buyer may not be able to fund the full amount of property. He may get finance from the bank or another financial institute. While granting a loan to the buyer, banks always finance to new properties only and not for old constructions. Hence, in such case one needs to purchase newly constructed property only.

· Earthquake proof construction: Newly built properties are built and designed in such a way that it does not fall down in case earthquake occurs. So, it is the biggest advantage of new built up properties.

· No property transfer charges: As new built up property is purchased directly from the builder, one does not need to pay any transfer fees which is required to be paid while purchasing any old property. So, no such kind of another work is required to be done.

One should get the data of newly built properties which are available for sale in London from various sources and should select some properties which find to be suitable to their requirements. Then after go for visiting these properties and have a look of that.

About the Author:

The author of the article has an extensive knowledge in the field of New Build Properties London and Houses In Croydon.