New Build Mortgages

Are you considering purchasing a new build property? Stuart Brown specialises in new build mortgages, offering you expert guidance and support to turn your new home into reality. If you’re based in Hemel Hempstead, Berkhamsted, Leighton Buzzard or anywhere in Herts Beds or Bucks, our dedicated mortgage advisor can assist you every step of the way.

New build mortgages are designed specifically for those purchasing newly constructed properties, offering features like extended offer periods to accommodate construction timelines. These mortgages often come with tailored terms to address the unique considerations of new builds, such as warranties and developer incentives.

What are the benefits of new build mortgages?

• Extended Offer Period: New build mortgages often come with an extended mortgage offer period, usually lasting up to 6 months but often longer. This is useful since new builds may take time to complete, allowing for flexibility if construction is delayed.

• Government Schemes: Many new build mortgages can be paired with government schemes like Help to Buy, Shared Ownership and First Homes which offer lower deposit requirements (typically as low as 5%) or equity loans to make purchasing a new build more affordable, especially for first-time buyers.

• Lower Maintenance Costs: Since new builds are constructed to modern standards, they often come with warranties and guarantees (like the NHBC warranty in the UK) that cover defects for a period of time, reducing maintenance and repair costs for the homeowner.

• Energy Efficiency: New build homes typically have better energy efficiency, leading to lower utility bills. Many new build mortgages take this into account, offering favourable terms to borrowers purchasing energy-efficient properties. Sometimes lenders provide additional cashbacks on new build properties deemed ‘Green’.

How Can Stuart Brown Mortgage Services help?

Navigating the administration process for new build mortgages can be daunting, but that’s where we come in. At Stuart Brown Mortgage Services, we handle all aspects of the mortgage application, ensuring a seamless and stress-free experience for our clients. We’ll guide you through the paperwork, clarify eligibility criteria, and any necessary documentation to help reduce the pressure of the overall process. 

Our experienced advisers have an in-depth understanding of the new build market and will offer tailored advice to help you make an informed decision.

We will assess your financial situation and will take the time to understand your needs, preferences, and budget, offering mortgage solutions that align with your requirements. Whether you’re a first-time buyer or an experienced homeowner, we provide personalised advice to help you secure the most suitable mortgage for your new build property.

As a trusted adviser in Leighton Buzzard and the Hemel Hempstead area, we have built strong relationships with reputable lenders and developers in the new build market. This enables us to access exclusive new build mortgage deals, ensuring you benefit from favourable rates and terms.

Contact Stuart Brown today to schedule a consultation. We look forward to being part of your exciting journey towards your new build home.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up the repayments on your mortgage.