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3 August 2023

Save money by buying new

Living Room Show Home Meadow Gardens Clacton

Meadow Gardens, Clacton

With the cost of living increasing substantially and climate change gaining prominence, sustainable living is gaining precedence. Now more than ever, purchasing energy-efficient homes is becoming a more important factor in the decision making process of buying a home. Buying a new build home really can be a win-win for both the planet and homeowners alike.

Buying a new home could save you money and reduce your household carbon emissions

A recent report run by the Housebuilders Federation has revealed the advantages of buying a new home. One of the most significant being the potential for cost savings in the thousands on a yearly basis. The Home Builders Federation (HBF) report, Watt a Save July 2023, reveals that new houses are designed with energy-saving technologies, such as improved insulation, high-quality windows, energy-efficient heating, and modern appliances.

As a homeowner, you can expect lower utility bills due to decreased energy requirements for heating, lighting and running your home. Over time, these savings can add up to a significant amount, making  new homes a financially wise investment. Choosing a new home over older second-hand equivalents can save you on average £135 per month – that’s over £1,600 per year!

Energy-efficient new homes

Buying an energy-efficient new home offers numerous advantages, making it a compelling choice for environmentally-conscious individuals and financially-savvy homeowners alike. The shift towards energy-efficient new homes represents a positive step towards reducing carbon emissions and combating climate change.

“In total, the new build homes built in the year to March 2023 reduced annual carbon
emission by 500,000 tonnes compared to if they were built to the same standards as the
older property. If all the existing homes in this dataset had been built to the same standards as the average new build homes, annual carbon emissions could have been reduced by almost 3 million tonnes.” – Watt a Save July 2023

Cost savings of new homes

With long-term cost savings, improved comfort, and better indoor air quality, the HBF report exemplifies how sustainable living can benefit both planet and people. So, as you embark on the journey of home ownership, consider investing in an energy-efficient new home. We think it’s a decision that will pay dividends for years to come.

“The average older property cost nearly £3,000 a year to run, while the average new build
cost £1,317 – a 55% saving. This collective saving for new build purchasers totals over £400 million.” – Watt a Save July 2023

Reasons to buy a new home

Matthew Homes have been building quality homes for over 45 years. Have a look at our Reasons to buy a new home.

Find a new home near you

Have a look at our developments and find one near to you by looking at our Developments page.

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