Did you know that new build properties save more than £400 on household bills each year? With the cost of living conversation imminent as ever, Guinness Homes are eager to share the economical benefits that buying new can have for families across the country, meaning less carbon emissions as well as more cash in wallets.
Recent research provided by the House Builders Federation has shown new build homes help save £112 million, whilst also cutting UK carbon emissions by over 500,000 tonnes, per year. Their in-depth report - titled ‘Greener, Cleaner, Cheaper’ - shows heating bills for new build homes can be up to 59% cheaper than equivalent older properties, making the option of purchasing a new build property incredibly appealing, especially during today’s economic hardship felt by so many across the country.
HBF Managing Director, Neil Jefferson commented on the exciting new research, noting:
“We have known for many years that new homes bring a wealth of benefits to homebuyers but with energy bills rising it’s never been more important for homebuyers to weigh up these costs as they consider their next move.”
The ‘Greener, Cleaner, Cheaper’ report reveals that homeowners of new build properties are likely to save an average of £435 per annum, which rises to £555 for new build houses alone. Specifically, this new insight shows that new build homes are able to provide lower running costs for household bills such as £395 on heating bills, £28 on hot water and £12 on lighting bills.
By opting for a new Shared Ownership home with us at Guinness Homes, you’ll not only be living in a more energy efficient, planet-friendly home, but a home that saves you money on your monthly utilities bills.
We are dedicated to help cut emissions as much as possible, whilst saving our buyers money in the process. With energy bills seeing an increase by more than 50% since March 2022, we urge home hunters to consider the option of buying new, and to look into the benefits that an energy efficient new build can offer in order to help individuals and families during this time of economic uncertainty. Not only are our homeowners able to save their money for moments that matter, but they can also confidently say that their home emits 2.38 less tonnes of carbon each year, meaning we can help you save your pennies, whilst helping to save our planet.
With living costs currently at the forefront of everyone’s minds, our sales team are happy to help discuss the benefits of buying through Guinness Homes with you, and answer any questions you may have about our developments.
Home Builders Federation - New HBF report: Buyers of new build homes save £112 million and cut UK carbon emissions by over 500,000 tonnes per year. Published 18 March, 2022.