First-time buyer levels highest in seven years

Chris Edginton

Chris Edginton

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News that first time buyer levels are at the highest level since 2007 has come as no surprise to national house builder Bellway Homes, which for the past year has seen strong interest in new homes sales across the Northern Home Counties Region, especially to first time buyers taking advantage of the Government’s Help to Buy scheme.

And according to the NHBC National New Homes Survey 2014, the good news is that Bellway Homes can expect repeat custom in the future, as 94 per cent of new home buyers say they would buy a new home again.

Sales director for Bellway Homes Northern Home Counties Region Chris Edginton said: “The research is extremely encouraging.

“Two key factors that emerged from the survey included new homes are economic to buy and they are far more environmentally friendly than older properties.

“Houses today are built to a much higher specification and use significantly less energy than older homes.

“Typically the annual energy bill saving on a new four-bed detached home would be £1,400 per annum, £900 on a three-bed semi and £400 on a one-bed flat, so people can make real savings.

“Additionally, because new homes are built to very high environmental standards they produce much less carbon dioxide emissions compared to older homes, which was found to be important.”

To meet the positive demand for new homes in Northern Home Counties Region, Bellway have been busily acquiring new land this year which will result in the opening of eight new sites across Bedfordshire, Buckinghamshire and Northamptonshire by Christmas.

For further information on all of Bellway Homes developments is available from www.bellway.co.uk.