Blog

Posted: Thursday 22nd February 2024

Spring Home Maintenance

Spring Home Maintenance

With Spring just around the corner and the cold months of December finally a distant memory, now is the perfect time to tick off some home maintenance jobs to get your house prepared for the warmer weather. Read More »

Tags: DIY, ForemanHomes, HouseMaintenance, NewHome

Posted: Monday 12th February 2024

Half Term in Hampshire

Half Term in Hampshire

If you're looking for ways to keep busy during half term, then we've got the perfect guide to Hampshire activities for you and your family! Read More »

Tags: Family, ForemanHomes, HalfTerm, Hampshire

Posted: Monday 29th January 2024

How To Buy A New Build

How To Buy A New Build

So you've decided that a new build is the right home for you…

Now it's time to start the process of finding and buying the perfect one for you which can be difficult if you don't know where to start. Today, we're going to go through it step by step and hopefully answer all your questions.

1. Money

Getting your finances in order is step one when you're looking to buy any home including new builds. From whether you can afford the style of house you would like to if you're likely to be awarded a mortgage, there are multiple factors to take into account.

An important thing to remember is the extra costs of buying a property – things like stamp duty, lawyer's fees and moving costs will all add up so be sure to include them in your budgeting.

2. Mortgages

Speaking to a mortgage broker can be a great way to get a clear picture of your finances and budget and they'll also be able to reach out to lenders to see who is able to offer you a mortgage and what repayment rates you will be offered.

Once you've found a mortgage that matches your budget and expectations, then it's time to get an agreement in principle which will show the amount the lender will give you and give you an expiry date for the agreement – when you're buying a new build, be sure to check if this will fall before or after the completion date and let the lender know.

3. The Dream House

Once you know how much you can spend, it's time to find your dream home. When you're searching for a new build, there are two factors to consider – the location you're interested in and the developer that's right for you.

Once you've found the area you think is right for you, look for developers with sites in the area. Not all developers will use portals like Rightmove or Zoopla so be sure to search on Google as well as keeping an eye out for print ads and site boards nearby. Also speak to friends and family who've bought new build homes to see what their experiences with different developers was like.

You also need to consider if you want to buy a more finished property or buy 'off plan' which means you're buying a property which isn't built yet as there are different benefits to both. With a more finished property, you will have a clearer picture of the end product and what your new home will look like but buying 'off plan' could give you the opportunity to put your own touches on the property during the build stage.

4. Reserving your home

Once you've found your dream home and are ready to start the process, the first step will be to reserve your property with the developer. This normally includes a fee of £500 - £1000 which will be deducted from the total price of the property.

5. Buy, buy, buy!

Once you've reserved your home and paid your reservation fee, it's time to get your mortgage offer from your lender. This is different to a mortgage in principle as it's a confirmation that the lender will let you borrow the agreed amount.

Once you've got this, you can start the process of exchanging contracts – depending on the stage your new build home is at, the time between reserving your home and exchanging your contract can be as short as 1 month.

This is when your solicitor will look over the contracts and make sure everything is as agreed and ready to go from a legal point of view.

This is also when you'll need to release your deposit money to the solicitors so they can pass it over to the developer on completion – they will also request the full amount from the lender so they are able to make payment in full to the developer.

Once your contracts have been exchanged, there is a variety of paperwork that is passed between the solicitors and developers but you've officially crossed the threshold of when they can back out of the sale and your new home is within touching distance!

6. Welcome to life as a homeowner

Once your solicitor has completed all the contracts and searches and paid the developer the full amount, then congratulations – you're officially a homeowner!

At Foreman Homes, we're committed to building excellence in everything we so are proud of the aftercare we offer to every single one of our customers. Our dedicated Customer Care team are available to answer and solve any queries you have throughout your homebuying journey.

Ready to start your new build journey with us? Find out about our available homes here and give our Sales Team a call to start your new build buying journey today.

Tags: ForemanHomes, HomeBuying, Mortgage, NewBuild, NewHome

Posted: Monday 22nd January 2024

New Build Sustainability

New Build Sustainability

When it comes to buying a house, there are so many factors you have to take into consideration before deciding if it's the right home for you and your family – is sustainability one of them?

With a growing focus on green living and caring for the planet by making lifestyle changes, buying a new build home could be an easy sustainable choice to make and today, we're going to help explain why. Read More »

Tags: EnergyEfficient, ForemanHomes, NewBuild, NewHome, RenewableEnergy, Sustainability

Posted: Wednesday 17th January 2024

Pantone's Colour of the Year 2024

Pantone's Colour of the Year 2024

When it comes to colour, Pantone are the industry experts with nearly 20,000 shades in their catalogue, but each year they pick one colour for its moment in the spotlight. Read More »

Tags: ForemanHomes, InteriorDesign, Pantone, WallColours

Posted: Tuesday 9th January 2024

Top 10 Interior Trends for 2024

Top 10 Interior Trends for 2024

One of the most appealing characteristics of a new build home is that it's a blank canvas you can adapt to suit you and your family's lifestyle with everything in the property ready and waiting for you to make your mark. However with infinite possibilities, how do you make the right choice when choosing your home's style? In today's post – we're going to be looking at the Top 10 interior trends coming in 2024 to help give you some inspiration. Read More »

Tags: 2024, ForemanHomes, InteriorDesign, NewBuild, NewHome

Posted: Friday 29th December 2023

Top 10 tips for an energy efficient home

Top 10 tips for an energy efficient home

With the effects of global warming becoming more apparent every year, we are becoming increasingly more conscious of environmental sustainability. Harnessing renewable energy at home is not only a responsible choice but also an easy one. Read More »

Tags: EnergyEfficient, ForemanHomes, NewBuild, RenewableEnergy

Posted: Wednesday 20th December 2023

Unveiling the Myths about Buying a New Build Home

Unveiling the Myths about Buying a New Build Home

In this post we're looking at popular new build home myths and unpicking them, so whether you're a seasoned homeowner or a first-time buyer, you'll have all the information you need to make a confident choice when choosing your dream home. Read More »

Tags: ForemanHomes, NewBuild, NewHome

Posted: Tuesday 5th December 2023

Get your home ready for Christmas

Get your home ready for Christmas

In this post, we'll help you explore the art of decorating your house for Christmas, looking at both indoor and outdoor tips to transform your space into a holiday haven. Read More »

Tags: Christmas, ChristmasDecorations, ForemanHomes, NewHome

Posted: Wednesday 29th November 2023

The top 10 reasons to buy a new build

The top 10 reasons to buy a new build

Considering buying a new home in 2024 but not sure what is the best choice for you and your family? Here are our top 10 reasons why a new build should be top of your list! Read More »

Tags: ForemanHomes, NewBuild, NewHome