There are loads of benefits to buying a new build home. Because it's brand new, you can make a new home a space that feels unique to you. New build homes are usually in better condition than older ones, meaning you won’t need to spend time and money on upgrades or repairs.
However, buying a new build home can get a little complicated, especially if you're buying off-plan. Because building work can last longer than expected and there’s no physical building to inspect, sometimes, providers can view new build mortgages as risky investments. As a result, it can be slightly harder to secure a new build mortgage, and they can come with higher interest rates.
