What are the pros and cons of new builds?

This week on Ask Rob & Rob, Dwayne asked:

What are the pros and cons of new builds?

An age-old debate! The answer touched upon both sides, and of course it will depend on the investment strategy in question. New builds come with less risk – not zero risk, but less – as new properties will likely come with a 10-year structural guarantee, and the contents of the property will be new.

However, if you’re looking to add value to a property (such as an extension) new builds aren’t going to be the way to go, though of course second-hand properties come with their own risks. People get strangely het up about this issue though, (whether to buy new or not) so be sure not to fall for the rhetoric! Ultimately, as long a property’s numbers check out, and it ticks all the fundamentals, it’s always worth considering.

Do you have a property-related question for Rob & Rob? Whether you’re a first-time investor or a seasoned pro, you could feature on our next episode. Just call 013 808 00035 and leave a message with your name and question (normal UK call rates apply).

Or if you prefer, click here to leave a recording via your computer instead.

How to listen

Subscribe in your favourite podcast app to get every episode automatically sent to your phone.

Get involved

What do you think?

Share your thoughts on this episode – and find out what others are saying – in the Property Hub Forum.

Go to the forum

Get on the show!

Did you enjoy this episode? Then please leave us a review: it’s the best way to say thank you, because it helps others find us.

To show our appreciation, we’ll read out your review on the show! Learn how to leave a review in Apple Podcasts.

You might also like...