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Growing popularity of new construction projects

Growing popularity of new construction projects

Often a large proportion of the people who sign up for a project are eliminated from such projects. It is not for nothing that new construction properties are so in demand. Often private investors look for existing homes, which can be rented out immediately. This means that first-time buyers in particular have a better chance of getting a new home. In addition, there is no need to overbid for these homes, something that is usually customary in the current era for existing homes. A starter therefore has the same chance of getting a home as an investor.

Sustainable new construction homes in demand by first-time buyers

Not only do first-time buyers and other home seekers have the same chance of finding a home as investors with new construction. They also secure a sustainable home for the future with a new construction home. By default, new construction homes are no longer connected to the gas grid. They are equipped with an electricity-based heat pump, often in combination with a number of solar panels on the roof. During the sales process, house seekers have the option of having the entire day fitted with solar panels, thus making the house energy-neutral. Although a heat pump uses a lot of electricity, it is cheaper than a gas-fired central heating boiler. Partly because of rising taxes on gas.

Lower home purchase costs for individuals

Already you read that choosing a new-build home makes overbidding unnecessary for individuals. In doing so, they are less bothered by investors who purchase a home for rent. Partly because project developers make it impossible to rent out these homes in the first few years. The property must be bought in order to occupy it yourself. A third reason that makes newly built homes more attractive from a financial point of view is the fact that the cost free by name (VON) lower than the buyer's costs (KK). This will save money immediately.

Financial advisors notice growing popularity of new construction

Financial advisors also see that sustainable new construction homes are in demand. They note that choosing a sustainable home with energy label A can yield lower mortgage interest for households. In doing so, they receive interest on the construction deposit in the first phase. Something that partially offsets the interest to be paid on the loan. Naturally, the interest received decreases during the construction of the new home, as a portion of the construction deposit is transferred to the builder for each phase. 

Tip: Looking for independent advice on your mortgage? Ikbenfrits helps you from A to Z.

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