Buying a New Home Can Save Energy
By Anne Lewis-Schneider
There is a general conception that energy and water is going to continue on its above inflation spiral for the next 17 years. Ward Homes who build new houses have suggested that prospective home buyers look to the option of buying a newly built home as it could mean large energy and cost savings. A report was recently made known by the NHBC that states that those living in newly built homes are paying an average of £1400 per year less on electricity and heating than those residents who are living in older houses. The southern regional managing director of Ward Homes Gary Ennis has gone on record saying that considering a new home over one that was built a few years ago has now taken on a new relevance as far as heating and electricity costs are concerned.
Gary Ennis points out that with the more than 8% average increase announced by five of the Big Six Energy Companies in dual fuels last year and the trend expected to continue for years to come, the costs of maintaining an older property will become more difficult and could become a real burden to home owners when compared with the costs that are being experienced by newly built home owners.
At present new houses are being built in Kent by Ward Homes, and a wide range of different homes are being built with the emphasis on being energy efficient. Ward Homes say that over the lifetime of a 25 year mortgage buying a new house could save you around £35,000.
There are many advantages to buying a newly built home, such as the double glazing which reduces heat lost through thinner glass, and efficient new systems used for heating also reduce the costs of bills. New methods of insulating lofts and external walls also have great saving potential and all of the above are now part of the standard new home. Some say that having a new home could halve your energy bills. Ward Homes feels that with the costs of heating and electricity as they stand at present, it is foolhardy to overlook the benefits that come with buying a new home.
A company called Sholden Fields is currently building a variety of two to four bedroom houses close to Canterbury (for those interested a few three bedroom homes are still available) and this development has been built with all of the newest technology and energy saving devices that are available. This means that new home buyers can reduce their expenditure on energy with very little effort. Home buyers should take advantage of the governments scheme “Help to Buy” which lowers the deposit payable for a new home to 5%.
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