When you’re buying a new build home, viewing the show home is one of the most important parts of the process (unless you are buying off-plan, of course).
Here’s our guide to making the most of your visit – the points to consider and questions to ask.
This is your chance to examine a home for yourself, often in the company of a sales executive from the housebuilder. You can look at all the rooms, find out more about the specification and check out things like storage. You may not like the decoration they’ve chosen, but remember that you’re there to check the build and interior quality and how it would suit your requirements and your furniture.
There’s more to buying a home than just the property itself – you’re also buying into an area where you may be living for many years. So it’s important to consider as many different aspects about that area as possible, not just for your circumstances now but also for the future, for example if you were to start a family.
Depending on your circumstances, you may need help to afford the property you want. This might come from government-backed schemes such as Help to Buy or from initiatives offered by individual companies, for example a shared equity scheme. They may even pay you stamp duty for you, or offer to part exchange your old home.
Check what’s included in the asking price. Find out exactly what you’re being charged for so you can negotiate well when it comes to putting in an offer.
You are free to put in an offer below the asking price or to negotiate “extras” that aren’t included as standard. Areas where you might be able to persuade the housebuilder to improve their offering are:
The National House Building Council (NHBC) have also created some useful advice about what you should bear in mind when visiting a show house.
Introduction to buying a new home
How to buy a home close to a good school
Setting up utilities
The hidden costs of buying a home
Buy-to-let mortgages
Buying vs renting