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Can you afford not to buy new?

20th October 2008 Print
Can you afford not to buy new? Running a new home can save you money on energy bills, so in this current climate can you afford not to buy new? New homes have become increasingly more energy efficient than second hand homes, not only saving valuable pounds from the energy bills but reducing their carbon footprint too.

At Midas Homes, the homes are insulated better and more extensively; they are double glazed, reflecting heat back into the house; they feature the latest model boilers which use less energy and work more effectively. Plus draught proofing stops cold air coming in and warm air escaping.

Where suitable, some Midas homes are designed to benefit from solar heat coming through larger, south facing windows, and all of the electrical goods that are installed, like cookers and fridges, are chosen for their energy efficiency performance.

These little savings can seriously add up.

For example, at Midas Homes' Orchard Chase development in Curry Rivel a three bedroom home would cost approximately £361 per year on energy bills. However, a similar second hand three bedroom property would cost £719 month.

Andy Addison, Sales and Marketing Director of Midas Homes said: "That's £358 a year saving, which could be put towards food shopping, help towards Christmas or be a nice weekend away somewhere.

"On top of the money you save in bills, there are also no renovation costs. The kitchen and bathroom are brand new, plus there's no need to decorate or spend your hard-earned money on repairing a roof or treating that unexpected damp problem - everything is all ready for you to move straight into and it saves loads of weekend decorating time too."

Midas Homes is an established homebuilder in the South West. From one bedroom apartments to five bedroom detached homes, the company has a broad portfolio in a variety of locations including city centres, by the waterside and in the country.

For further information visit midashomes.com.

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Can you afford not to buy new?