Questions to ask when buying a new home off-plan

1. What is buying off-plan?

When you buy 'off-plan,' you purchase a property before it has been fully constructed or before building has started. This means you can often customise fixtures and fittings in the property.

2. Is it easier than buying an existing property?

Buying off-plan is similar to buying an existing property, but the main difference is that there is nothing to physically view. You might also have to wait longer for your new home to complete.

3. Questions to ask yourself

If you are looking to buy off-plan, here are some things to ask yourself first:

a. Why choose this development?

Make sure the location meets your current and future needs, and consider ongoing construction works on the development.

b. How much can you afford?

Ensuring your financial stability is important for first-time buyers.

Top tip: enquire about the duration of your mortgage offer with your selected provider. If necessary, ask for an extension. Learn more about saving for your first home in our useful guide here.

c. What is the value potential?

Consider the resale value of the property if you think you may move again in the future. Consider factors like location and the popularity of the area as this will help you determine whether the property will retain, or even increase in value.

d. Will you use any additional schemes?

Explore additional financial buying schemes, whether you are buying off-plan or not. These can make buying easier and cheaper – learn more about the extra support available to first-time buyers here.

4. Questions to ask the developer

It’s also worth asking a developer these questions when buying off-plan:

a. What personalisation options are available?

When you buy off-plan, you may get the opportunity to personalise your new home, especially in key areas like the kitchen, bathroom and flooring. It’s worth enquiring about this during your initial discussion. However, the availability of personalisation options may vary depending on the construction stage of your new home.

b. What are the estimated completion dates?

Ask your sales advisor about realistic completion timelines for off-plan properties, so you have some idea of when you might be able to move in. Most developers will supply estimated completion dates based on the progress of construction. For instance, you might receive a calendar quarter estimate before the roof is installed, while a specific week might be provided once the interior is nearing completion.

c. Are there any guarantees or warranties?

When buying off-plan, ask about guarantees and warranties. Check if they will be affected or extended if any construction delays occur.

d. Are any deals available?

In addition to personalisation options, some developers may also cover legal fees or provide discounts on the property’s price, especially for first-time off-plan buyers.

5. Help buying off-plan with Tilia Homes

These questions should help ensure you make an informed decision when you’re considering your first off-plan new build purchase.

If you have questions about buying property before it's built or want to learn more from our sales advisors, please contact us.

You can also browse through our current listings of available and future new build developments here.