New housing developments represent a fantastic option whether you are a first-time buyer, have a growing family or are simply looking for a new place to call home.

New build homes come with the benefits of lower running costs and warranties, as well as customisable interior fixtures. The experts at Campion Homes have created this handy guide on what to look out for when purchasing a home in a new housing development.

Quality developers

It is essential that you select a company with a sound reputation, otherwise you risk ending up with a home that does not look like the one you were promised at the start of the build.

Do your own research to discover the best rated new housing developers – the House Builders Federation’s annual customer satisfaction survey is a great place to start, and local estate agents can give you advice too.

Never rely solely on the developer’s promotional material; instead, visit the site yourself to get a feel for the quality of home you are buying. If you are buying ‘off-plan’ before the building has been completed, make sure you know where your plot will be to make sure you are happy with the location.

Above all, ask as many questions as you can think of about the new housing development. You need to know exactly what it is you will be getting, so think of all the little extras that may not come as standard, such as an outdoor tap or built-in wardrobe.

Get that guarantee

Properties in new housing developments usually come with guarantees, such as the National House Building Council’s Buildmark 10-year warranty. Guarantees such as this provide insurance protection for your deposit in the case of your developer becoming insolvent or committing fraud - very important considering the deposit can amount to 30% of the property value.

Although not absolutely compulsory, warranties are in essence obligatory for new homes purchased with a mortgage as lenders will not provide finance without it. Under no circumstances proceed with the sale if your new housing developer does not offer a recognised guarantee scheme. Always ensure that you also cross-check it independently with the warranty supplier to fully understand what it covers you for.

Campion provides the Buildmark 10-year warranty, alongside our additional 2-year warranty from the date of move in so you can be sure you are totally covered.

Finalising your purchase

Now that you have decided upon buying a home within your new housing development, it is time to finalise the legal and financial details of your purchase.

It is vital that you carry out a final inspection of your new build home to detect any ‘snags’ before signing the final documents. Better yet, employ a ‘snagging specialist’ to inspect it for you – these companies pick up on things the average buyer may miss.

You will also need to appoint a conveyancer to manage the legalities of your purchase. They will deal with the Land Registry, draw up your contracts and handle the transfer of your funds.

Once you have found sound legal advice and finalised your purchase, you can finally get ready to enjoy your amazing new home. Now comes the fun part – choosing all the décor and transforming it from a house into a home.

Campion Homes builds exceptional properties on thoughtfully designed developments in Fife and is committed to making the buying process as hassle-free as possible.

If you are looking for your dream home, start your search here with Campion. Learn more about our developments or contact us today.