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Why Do I Like New Houses?

There is no right or wrong answer with this, just merely lots of opinions.  And I am comfortable with that fact.  My opinion is that new homes have great benefits for investors:

  • They are new so maintenance is minimal in the first few years
  • They are healthier, drier, and warmer due to the latest in materials
  • They must be double glazed at the very least
  • Usually, with good property management, they attract good quality tenants
  • At the moment the tax benefits are better
  • Borrowing from the banks only needs 20% minimum deposit as opposed to 35% for existing homes.

So, as I say, this is only my opinion, and for the record we have both in our portfolio.

Call me if you want to talk property.

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