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Conducting a snagging survey on a new-build home
Before moving into your new home, you should have a snagging survey completed to identify any problems.
A snagging survey will outline distinct types of defects, from bad water pressure to faulty fixtures.
You can conduct a snagging survey yourself, but given the amount of money at stake when buying a home, we'd recommend instructing a surveyor.
Having said that, some defects might not come to light until you move in. During the first few months, it's useful to keep a list of any issues that arise and stay in regular contact with the developer.
Schemes to help with buying new-build homes
There are several government-backed schemes that fall under the ‘Help To Buy’ initiative. For more information visit our dedicated page.
Using part exchange to buy new-build homes
Some house builders run part-exchange (PX) schemes, which allow buyers to purchase a new-build home and use their current property as part payment.
While part-exchange schemes remove the hassle of selling your home the traditional way, there are disadvantages.
Some developers will offer below the market value, so you should always have your own valuations from local estate agents before agreeing to anything.
To request a valuation for your property, please click ‘here’.