Why now is the time to buy new...

By Sue Warwick National Sales and Marketing Director of Miller Homes.

As New Homes Week continues the reasons ''why buying new is best'' are being well publicised by the housebuilding industry.

The facts remain that new homes are ready to move in to are more energy efficient and give a peace of mind guarantee but it’s also fair to say that the current economic climate is making it a great time to buy new and this won’t last forever.

Whilst I won’t deny that access to finance is an issue but if you can get past the hurdles now is a great time to enter the property market. So long as you’re able to meet the lender’s criteria the current interest rates mean there are some good mortgage deals on the market.

And the further good news is that there’s real hope for those that are struggling to afford to buy a property with the shared equity schemes currently available.

HomeBuy Direct and other shared equity schemes including our own MiWay spell a new era for the housing market and how property is purchased. They are proving extremely popular in addressing affordability issues and enabling people to get a foot on the property ladder.

So new homes will continue to be a good choice but the current opportunities won’t be around forever and anyone considering buying their own home should act now to take advantage of them.

Further information on the shared equity schemes available from Miller Homes are available on our website.