Can buying new save you time and money?

More than just a pretty place to live, a new homes development overlooking the River Avon in Malmesbury could save homeowners bags of cash and time, compared with buying an older property.

Purchasing a brand new home at Redrow's Cowbridge Mill means there's no need for expensive renovations or repairs, while long-term costs, such as fuel bills, are likely to be lower thanks to greater energy efficiency in comparison with older homes.

Sandra Hughes, sales manager for Redrow Homes (South West), said: "Moving in to a brand new home can be hassle free compared to buying a second hand property. There are no costly DIY or redecoration to worry about, which can save customers a lot of time and money.

"Bringing an old house up to the same standards as a new one could see you forking out over £20,000 - once the costs of a new kitchen and bathroom, new heating system, replacement windows, wiring and other updates are taken into account."

Other benefits of buying new include not being reliant on the people ahead of you in the housing chain completing their purchase before you can move; and no chance of being gazumped at the last minute.

And for customers who are conscious of their carbon footprint and want to keep their fuel bills low, more efficient heating and insulation in new homes means they produce far less greenhouse gas and makes them up to four times more energy efficient than older homes. This, according to a recent survey by British Gas, could mean a £1 saving for every £3 spent.

Sandra added: "Quite apart from the benefits of buying a brand new home, Cowbridge Mill is in a beautiful location and home owners will enjoy the advantages of a countryside setting, overlooking the river and meadows.

"There's also an easy commute to the M4 for access to Swindon and Bristol, whilst Malmesbury is about halfway between the historic city of Bath and the capital of the Cotswolds, Cirencester."

Malmesbury itself is an ancient market town with a wealth of 17th and 18th century buildings, many of which now accommodate a host of welcoming pubs and shops, and is famous for its seventh century abbey and gardens. The town has all of the local amenities people would expect, including a choice of good schools.

Cowbridge Mill currently has a range of one-bedroom apartments available from £122,995, two-bedroom apartments from £159,995 and three-bedroom townhouses from £369,995.

To provide added comfort and reassurance to prospective homebuyers, award-winning Redrow has introduced ‘re:assure', a package of help, advice and incentives which are all designed to make moving as easy as possible from the moment of first enquiry right through until after the customer has moved in.

The choice of help available includes an assisted sale scheme that finds a buyer for a customer's existing property at the best possible price and pays their estate agent's fees; the option to part-exchange on selected plots; or help with the monthly mortgage repayments for the first year or two.

For more details of new homes at Cowbridge Mill log on to Redrow.co.uk.