Buying New Could Save Homebuyers Thousands Each Year
Figures released this week by the HBF (Home Builders Federation) show that buyers who choose a new build house could now save up to £3100 on average energy costs annually – up from £2600 last year. The savings have been highlighted in time for New Homes Week (27th Feb – 3rd March), when a special focus is […]
Feb 23, 2023
Figures released this week by the HBF (Home Builders Federation) show that buyers who choose a new build house could now save up to £3100 on average energy costs annually – up from £2600 last year.
The savings have been highlighted in time for New Homes Week (27th Feb – 3rd March), when a special focus is being held on the value of affordable ownership schemes on Tuesday 28th February. It’s welcome news to shared ownership provider St Arthur Homes, which has long heralded the long-term value of buying new.
Richard Cohen, CEO of St Arthur Homes, said: “New Homes Week is the perfect time to celebrate the great things about buying new – and foremost among those reasons is the energy efficiency of these homes, saving you thousands in the medium to long term.
“In fact, 85 per cent of newbuilds have an A or B EPC rating, compared to just four per cent of older properties achieving the same grade. Not only that but upgrading an old home to modern standards could cost more than £70,000, not to mention the stress and hassle of living through renovations and building work.
“And of course, it’s not just money we can be saving, but the planet too. Many of us are taking steps towards living in a more sustainable way, and one of the best things any of us can do when it comes to meeting those concerns, is to go for a new build home, rather than an older property.
“New build homes emit a third of the carbon of an older property, reducing carbon emissions by over 500,000 tonnes. Buying new is one way that we can drastically cut our personal carbon emissions, with the added benefit of saving money too.”
For more information, visit starthurhomes.com.
Related Posts
Firecrest Construction Completes 40 Bed Care Home For Exemplar Health Care
Firecrest Construction has successfully completed the complex delivery of a new 40 bed care home in Bury town centre for Exemplar Health Care. As principal contractor to the scheme, Firecrest delivered the job on budget and on time, handing over after 64 weeks...
The Hill Group Achieves Hat Trick of Planning Successes Across the South East
Award-winning housebuilder The Hill Group has secured a hat trick of planning permissions across the South East, marking a significant milestone in the delivery of much-needed new homes across the region. Across three newly approved schemes in Essex, Oxfordshire and...
Hampshire construction firm charts record growth despite industry challenges
Hampshire-based construction firm, PAH Building & Construction, has already secured two thirds of its projected £18 million turnover for 2026, driven mainly by growth in its retrofitting and insurance work. This milestone has been achieved despite wider industry...