Growing demand for new homes sees surge in early enquiries

Growing demand for new build properties is driving a surge of early enquiries about forthcoming developments.

15/02/2016 - General

Our experience shows that intense competition between buyers means more and more prospective purchasers are registering their interest in new home even before they are released for sale to avoid missing out.

And with house prices set to continue their steady growth throughout 2016, increasing numbers of buyers are switching on to the financial benefits of reserving off-plan.

Gary Crisp, our Regional Chairman, said: “There has been a noticeable increase in demand across our developments in recent months, which has been demonstrated by the growing number of early enquiries we have been receiving from buyers eager to secure their new home.

“People are calling us to register their interest in forthcoming developments as soon as our first sign goes up. It’s no longer the case that people wait for the showhome to open – it’s a competitive market so people are signing up for updates to stay ahead of the game.

“While this surge in demand is partly being driven by a lack of supply across the board, it is also a result of house-hunters increasingly opting for new build over second hand or period properties.  

“Government initiatives such as Help to Buy have made it more affordable to buy new and also raised awareness of the many benefits of new build properties, for example increased energy efficiency, lower bills and low maintenance.

“We are seeing a resurgence in buying off-plan as customers look to secure their home at the best price by purchasing their plot up to six months before moving in. This also gives them a say in the design features and fixtures and fittings in their new kitchen and bathroom.”