Newport developer celebrates New Homes Week by sharing top five benefits of new build homes

o celebrate New Homes Week, which is running from Monday 27^th February to Friday 3^rd March, leading developer Lovell Homes is sharing the top five reasons why homebuyers should consider new builds in the search for their perfect home.

New Homes Week is a national event organised by the Home Builders Federation (HBF), providing house hunters will all the information, guidance and inspiration needed to make the move to a new build home.

Last month (January), the HBF released a new report¹ just for Wales, which found that new build house owners’ average savings will increase to over £3,300, as energy prices are set to rise again in spring and the Government’s Energy Price Guarantee cap will increase on Saturday 1^st April.

Suzie Hewitt, regional sales director at Lovell Homes, said: “We are delighted to be taking part in New Homes Week by providing Newport property seekers will all the information they need about moving to a brand-new home.

“There are so many benefits to living in a new build property, as they allow homeowners to save on bills and live more sustainably. We’re excited to be sharing our top five benefits, in the hope that we can help property seekers find a home that is perfect for them.”

1. Save on household bills

The HBF’s Wales report details that, on average, buyers of new build properties currently save over £2,300 on household bills each year, the equivalent of £198 per month. Homeowners of new build houses specifically see an average saving of £233 per month, equating to over £2,800 a year.

In December 2022, the average annual running cost of a new build was just over £1,400, compared to an average of over £3,800 for older properties.

2. Own an environmentally-friendly home

In Wales, 85 per cent of new builds were rated A or B for energy efficiency in December 2022, whereas just three per cent of existing properties reached the same standards, and 56 per cent were rated D or lower. New build homes also require significantly less energy use and emit over two tonnes of carbon less than older properties each year.

As standard, Lovell homes benefit from AA+ appliances and energy-efficient insulation, as well as use 30 per cent less water and 80 per cent less electricity for lighting.

3. Decorate as you wish

A new build is the perfect blank canvas for residents to decorate to suit their own tastes and truly turn the property into a home. There is no damage or hidden DIY from previous owners to deal with, no old décor to take out or cover up, and no unwanted fittings, fixtures and appliances.

Upon reservation, Lovell homes can be personalised with its Inspirations range, allowing homeowners to begin adding personal touches and selecting finishes and upgrades before their home is complete, subject to build stage.

4. Rest assured knowing your home is under warranty

New build homes come with guarantees and warrantees that give residents peace of mind. Old homes can come with repairs that take up time and money, whereas new properties are designed to be ready to live in from day one.

All Lovell homes come with a 10-year NHBC Buildmark policy, which includes deposit protection from exchange of contracts, a two-year builder warranty from legal completion, and eight years of structural defects insurance cover.

5. Benefit from homebuying schemes

Unlike second hand properties, new build homes can often be purchased with the help of homebuying schemes and offers, such as Help to Buy Wales, enabling buyers to move home in a way that is affordable.

As part of New Homes Week, Lovell Homes is launching a Part Exchange scheme, where homebuyers can purchase a new home and have Lovell organise the sale of their existing property.

To find out more about the schemes available, visit https://www.lovell.co.uk/offers/.

For information on New Homes Week, go to https://new-homes.co.uk/new-homes-week-2023/.

In Newport, Lovell Homes is providing new homes at two developments – Royal Victoria Court and Locke Gardens. Both developments are now open seven days a week, 10am to 5pm. To find out more, visit https://www.lovell.co.uk/developments/royal-victoria-court-newport/ or call on 01633 928 856 for Royal Victoria Court. For Locke Gardens, visit https://www.lovell.co.uk/developments/locke-gardens-llanwern/ or call on 01633 494 965.

Royal Victoria Court is being delivered by Lovell in partnership with Tirion Homes and with support from Welsh Government. The development will consist of 528 properties, including 264 open market sale homes and 234 affordable homes for rent with Tirion Homes, alongside an additional 30 properties for low-cost home ownership through Melin Homes. 

Locke Gardens is being delivered by Lovell in partnership with Pobl. The development will consist of 500 properties, including 285 open market sale homes, 80 affordable homes and 135 shared ownership properties. The development is part of Glan Llyn – a residential-led development being delivered by St Modwen. The £1 billion regeneration project is transforming the 600-acre brownfield site and creating a major new vibrant community for South Wales, with a total of 4,000 new homes being delivered alongside community infrastructure and green, open space.

To find out more about the energy-efficiency of Lovell homes, visit https://www.lovell.co.uk/your-lovell-home/energy-efficient-lovell-homes/.

Last year, Lovell Homes achieved a five-star rating with the Home Builders Federation and gold for customer service with In-house Research, meaning an impressive 98 per cent of customers in the South Wales and West would recommend Lovell to family and friends.

You can also like Lovell on Facebook https://www.facebook.com/lovellhomes and follow Lovell on Instagram at @lovell_homes, and on LinkedIn @LovellPartnershipsLtd. 

¹ https://www.hbf.co.uk/documents/12301/Wales_Energy_Save_Report_V4.pdf