Last year, we looked at why you should by from Shropshire Homes (you can read the full article here: https://www.shropshire-homes.com/news/why-buy-shropshire-homes) – from our guided customer journey to our high-spec finish. In this article, we are going to highlight the benefits that are more appropriate and relevant to today’s market.
In the current climate, new builds are becoming increasingly popular for many reasons, but predominately for their high energy efficiency. In the House Builder Federation’s recent Watt Save publication, it found on average a household can save up to £2,600 on energy bills per year when they purchase a new build, so it’s no surprise more home buyers are leaning towards new homes! However, there is another significant advantage to buying a new build, which often home buyers don’t realise, and that is Green mortgages.
So, what is a Green mortgage? Essentially, a Green mortgage means the lender will take into consideration the lower energy costs the buyer will be paying for their home, which will increase their affordability and result in them offering the buyer a lower interest rate. In some cases, the lender will offer cash back, which is perfect for helping with the buyer's move, or adding their touch of style to their new dream home!
What’s more? When you use our recommended mortgage broker, RSC New Homes Ltd, you can expect the following benefits of buying from Shropshire Homes:
- Green mortgages (as discussed above)
- 12-month mortgage offers (compared to 3-6-month mortgage offers on re-sale properties)
- Gain lower rates – once you are signed up to a mortgage offer, if a lower rate becomes available from your lender, you can switch to this new interest rate!
- Build deposits available on some plots, i.e. deposit paid by Shropshire Homes
- No credit check footprint, meaning any searches RSC make will not impact your credit score
- No advice fee with RSC (yes, that’s right – completely free!)
From experience, when customers say they have spoken to their bank and they’ve said they won’t get a better rate or their affordability is too low for their new dream home, Shropshire Homes have referred them to RSC, and found it is actually possible! We shop around for car insurance, so why wouldn’t we for our mortgages?
For more advice on obtaining a Green mortgage, or any of the other benefits above, speak to our Sales Executives today.
Make our house your home in 2023.
Take a look at our current developments: https://www.shropshire-homes.com/developments