FIRST HOME BUYERS - WHY INVEST IN A NEW BUILD

Buying a Classic Builders House & Land package is a great option for first home buyers seeking a secure way to get on the property ladder.

A low-maintenance option

If you have a full-time job, enjoy having your weekends free for hobbies or are not handy with power tools, you can invest safely in the knowledge that your new build isn’t going to cost you time and money for many years to come.

New surfaces and all treatments are easier to wipe clean than older materials. We select hard-wearing durable fixtures that stand the test of time and we have a proactive Aftercare system incorporating a 2-year latent defects warranty that covers any snags that may pop up when the property becomes lived in. In addition to this, your structure is protected by a 10-year quality assurance warranty.

A sound financial decision

With a housing shortage still very much a reality in NZ, rents remain high.

New builds are currently exempt from Loan To Value Ratio (LVR) restrictions which means you can buy a new build for investment with a lower deposit than currently commanded for investment property lending.

With all of the noise around interest rates and home values, it would be easy to shy away from your first home purchase right now, but in reality, it’s still a good time to buy if you are free of the burden of having to sell a home in the same market. Read more of our previous blog Nobody Likes Paying Rent

Compliance with healthy home standards.

All Classic Builders properties are built to meet the Healthy Home standards which must be active in all new builds by July 2024. This means heating, ventilation and draught-stopping are implemented to a high standard avoiding any mould or dampness in a home.

Why Classic Builders?

Classic Builders has been in business for over 25 years. We have built over 7,000 homes for New Zealanders. Our relationships with our supply chain have been built over decades and our national reach and scale secures our access to resources. We have multiple brands within the Classic Group ensuring our pipeline remains solid. You can trust Classic Builders to deliver your home to a high standard and most importantly to schedule and the contracted price.

If you’re ready to start your new home journey, call us, and let’s realise your building dream.