The benefits of buying a new-build retirement home

There are a number of advantages to buying a new-build retirement home over a re-sale property:

  • New-build retirement properties are constructed with older homebuyers in mind, with many useful features to benefit purchasers in their retirement years, for example, emergency alarms, wider corridors and doorways for better mobility, easy-to-reach electrical sockets and specially designed kitchens and bathrooms.
  • The development could also boast other special features, for example, a residents' lounge, social facilities to share with your neighbours, a guest suite for visitors, fitness centre, communal gardens, on-site care teams or beauty/wellbeing facilities.Archstone apartments
  • Many house hunters simply love the idea of moving into a home that no-one else has lived in, where everything is brand new and that they can then decorate to their own taste.
  • New-build homes are often sold with the latest fixtures and fittings included as standard, for example double glazing and modern kitchen appliances that are far more reliable and energy efficient, and therefore cheaper to run, than older models, potentially reducing household bills.
  • Buying a new-build home, you have no forward chain to worry about when you're arranging to exchange contracts and move in.
  • In fact, many specialist retirement property companies offer a part exchange deal to take your existing property off your hands without the hassle of finding a buyer on the open market.
  • Some housebuilders even offer a "try before you buy" deal so that you can see if you enjoy life on the development before committing to purchasing a home there.
  • New-build homes are built to high standards of workmanship, energy efficiency and sustainability. If the housebuilder is a member of the National House-Building Council (NHBC), and the vast majority of housebuilders are, the new home must be satisfactorily inspected by an NHBC inspector and then granted a 10-year warranty to cover against certain structural problems.
  • Some housebuilders provide further guarantees on items not covered by the NHBC warranty, providing further peace-of-mind to homebuyers.
  • Housebuilders are providing ever-higher internal specifications to meet the demands of today's homebuyers, which may include en-suite facilities to at least one bedroom, separate kitchen utility rooms, fitted wardrobes, multiple TV and telephone points and open-plan family living areas.
  • Improved regulations mean that new-build homes are generally much safer and more secure than older homes, through the use of fire-retardant materials, smoke alarms, door and window locks and security lighting.
  • By buying a property on a development that offers the level of independence/assistance that you require - rather than selling up and going into residential care - means you hold on to a valuable asset as well as retain the privacy and security of owning your own home.