What are the energy-saving benefits of a new build?

Considering moving into a new build property but unsure how much it will cost to run? New research shows it may be more cost effective than you think…

New research by the Home Builders Federation has found that new build home buyers could save up to £2,000 a year in energy bills.

The ‘Watt a Save’ report found that buyers of new build properties could see their carbon emissions reduced by over 2 tonnes each year, equating to over £2,000 in savings each and every year and increasing to £2,600 when compared to a smaller apartment or bungalow.

The research also found that energy efficiency is now a key consideration for one in four house buyers and that, collectively, new build home buyers across the UK are saving over £500 million between them.

On top of these dramatic savings, buyers of new homes are also contributing to the UK’s shift to net zero, with each new build producing just a third of the carbon emitted by older homes, a saving of 2.2 tonnes of CO2 every year by using on average 100 kWh of energy per m2 of house space compared to 259 kWh per m2 for an older property.

An analysis of Government data on the energy efficiency of new build and existing homes, highlighted that 84% of new build homes were rated with an EPC of B or above, while less than 4% of existing dwellings reached the same standard.

Not only are new homes built to the most up to date regulations, but housebuilders are demonstrating their commitment to go further, using new technologies and methods to ensure efficiency is embedded to the highest standard from the point of construction.

Miller Homes is playing a key role in incentivising the purchase of new build properties across the UK by introducing a series of incentives for eligible buyers, including paying up to six months of their mortgage; covering stamp duty fees; free energy bills for two years and £1,000 towards Option Vouchers.

The housebuilder also recently announced its Deposit Unlock scheme for selected developments, providing those looking to purchase their first home or move to a larger family home with the opportunity to do so by putting down a 5% deposit which could be as low as £9,498.

For more information on Miller Homes North East and its various incentive schemes, visit: https://www.millerhomes.co.uk/locations/north-east-of-england.aspx

*All offers and incentives are available on selected plots at selected developments only. Miller Homes reserves the right to withdraw the offer at any time.