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If you have decided to invest in a new build property you will have realised the benefits in doing so. You will have the opportunity to move into a brand new immaculately decorated property that requires no prior decorative or remedial work. In addition, the process should be fairly hassle free given there is no prior owner to coordinate move-in dates with and less risk of the sale falling through. These are all things that can cause buyers a great deal of stress, which is why more and more people are opting for a new build when moving house. However, even with a new build there are still important factors you need to consider in order to make your move as smooth as possible. You will find that the builder will automatically offer their own building agents and lenders but be wary of using these services as you may not always get the best deal. Many building agents do not earn as much commission as traditional buyers' agents and are often under pressure to sell a certain number of properties. Even if you have to pay the fees for your own agent you could see massive savings on the property itself. Using an agent will also give you honest and independent advice about the advantages and disadvantages of the sale. As with the agent it is a good idea to shop around for a lender. A builder’s lender may not offer you the best deal and will also be in a position to report your progress to the builder. Some builders may even own the lending company so it pays to carry out a little research before committing to a final contract. It is also worth investigating the reputation of the builder themselves to check that previous properties have been completed to standard and there have been no significant issues reported. Before purchasing a new property you should always seek legal advice to clarify what your cancellation rights and commitments are. This will also flag up any issues such as hazardous materials, which may be a cause for concern if your contract warns of potential health risks. Once the new build is complete it is also advisable to hire an accredited and licensed inspector to look out for any defects in the property as this is likely to save you a lot of hassle further down the line. Of course, choosing to deal with a reputable house-builder will mean that you can relax and enjoy your new home in peace. When buying a new home make sure you research your new home builders carefully to find a trustworthy and good value service.
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