Benefits of Buying New Homes as Confidence in the Property Market Returns

Buying brand new homes could prove a shrewd move as recovery in the property market heralds the return of gazumping and sealed bids. Estate agents this week claimed gazumping - where buyers lose out at the last minute to a higher bid - is back in some areas of the second hand market. Sealed bids are also being used for some properties where demand is high.

Anthony Mansfield, regional sales and marketing director for Taylor Wimpey, comments: "Confidence is returning to the property market, but with this comes some uncertainty for buyers as competition for houses hots up. Buying new homes enables purchasers to secure their home at a guaranteed price with no danger that someone will come in with a higher offer."

Taylor Wimpey, which builds new homes under the Bryant Homes and George Wimpey brands, has also seen an increase in cash buyers investing in property and a move towards buying 'off plan', where purchasers commit to buy sometimes months ahead of homes being completed.

"Both these trends signal confidence in the market and suggest that people feel buying at today's prices is a sound investment," says Anthony. "This coincides with recent reports from Nationwide that house price rose in May and data from Hometrack which showed an increase in the number of buyers registering their interest with estate agents."

But according to Taylor Wimpey, those looking to move are still concerned about getting the right mortgage and want to minimise the hassle and cost of selling their property.

"Savvy buyers are looking for a competitive deal," Anthony continues: "We've recently launched an initiative designed to save buyers time and money by tailoring a package of measures to individual circumstances. First time buyers can receive a free mortgage broker service and get a competitive mortgage quote within just 72 hours. For those with a house to sell, Taylor Wimpey will also provide a fast valuation on their current property, market their existing home, pay estate agents fees, provide help with legal fees and take care of their Home Information Pack."

George Wimpey and Bryant Homes have a range of high quality new homes available at developments across Greater Manchester including Appleton Gardens in Cheetham Hill, Chapelfield Park in Radcliffe, Evergreens in Wigan, Hey Mount in Heywood, M20 West in West Didsbury, Millgate in Bolton and Northgate in Blackley.

This article was published on www.newhomesforsale.co.uk the Uk's leading new homes property search site.

Information about new homes around the UK from all the major developers