Buying a new home can seem daunting. In addition to the formalities and background checks involved, there may be constant questions. Some may be related to the property itself in terms of the rates and the owners, and some may be related to making sure you are making the right purchase. Getting answers to the former set of questions will put your mind at ease about the latter kind of questions.
We have compiled the top eight questions you should ask before making your purchase decision.
Top eight essential questions to ask about your property options for a newly built home.
1. Are developer and property management companies good?
Sometimes the after-sales service from property managers may not match their initial service. It is best to do a background check on them, including their social media before you indulge them for your property purchase.
2. What are the details of parking arrangements?
Parking can be problematic for new homeowners with multiple vehicles and frequent visitors. Limited off-street parking and excessive street parking can pose challenges, particularly in smaller roads. Please do not assume you’ll automatically have a parking space, that it will be conveniently located, or that additional parking options are nearby.
3. Can all property drawings, plans, specifications and paperwork be supplied?
Examine all drawings and specifications provided by the builder and request copies of any documents you are required to sign. Also, you should review the deed of conveyance to ascertain the exact extent of the land you would acquire through the purchase.
4. What is the completion date for access roads?
Depending on the scale of the development, certain elements may not be finished until the final unit is completed. This could include infrastructure like roads, cycle paths, and public spaces. You could request a projected completion date for the entire development from your builder.
5. Will landscaping be done for gardens?
Not all new builds include a completed garden. To ensure you know what to expect, inquire about the specifics of your garden. Ask whether your lawn will be fully turfed and if a patio and planting scheme are included.
6. What are the potential development plans in the area?
Do a thorough examination of ongoing and planned development plans in the area, like green spaces, social housing, and busy roads. Your conveyancing solicitor should conduct local searches that highlight local plans, providing valuable insights.
7. What are the amenities in the area?
Check on the local amenities available like schools, leisure options, hospitals, groceries and supermarkets, and public spaces.
8. What is the defects liability term?
Typically, the defect liability period (DLP) spans 24 months, but it’s crucial to verify this in your contract. During this time, the builder is responsible for rectifying any defects within the property, such as heating issues, drainage blockages, and problems with windows or doors.
By asking these key questions and partnering with a reputable realtor like Glentree, you can transform your new home search from stressful to successful. Our team of experts boasts an extensive and ever-expanding portfolio of properties for sale, new homes and rent so you can find your ideal home. Contact Glentree today, and let us guide you on your homeownership journey!