All you need to know about buying a new home with Crest Nicholson
Our buying schemes can help you move sooner
Building great places for our customers, communities and the environment
Crest Nicholson create well designed, high quality homes in sustainable communities
That's why we've put together this quick-start guide to get you moving – and if you have any other questions, our Sales Executives are on hand to guide you through each step of the process.
First of all, you need to work out the amount you can save for a deposit and when you want to buy. These will be key factors in determining what you can afford and the rough purchase price for your new home.
To be sure of your position, you may want to seek impartial financial advice. You can also get an approximate idea of how much you could borrow using MoneySavingExpert's mortgage affordability calculator.
Taking steps to improve your credit score can also help when it comes to securing a mortgage.
Deposit Unlock is a new 5% deposit mortgage solution developed by the house building industry in collaboration with mortgage lenders. First Homes helps first-time buyers purchase a home at a 30% discount compared to open market prices. Or, if part buy-part rent is appealing, the Home Reach scheme may be right for you.
Keep an eye on ISAs and savings accounts, as different types offer bonus top-ups that can make all the difference in saving for your deposit.
Before searching for your new home, you’ll need a good idea of what mortgage you can get. Spend time researching the different arrangements available and consider meeting with a mortgage advisor.
We have a wide range of properties that are ideal as your first home. Whether it be a riverside townhouse, a city centre apartment, or your first family home in a garden village, there is something for everyone.
Never considered buying new? Take a look at our Why Buy New page for all the benefits you can expect to enjoy from a Crest Nicholson home.
Start your search with our FIND YOUR HOME tool at the top of each page.
Learn what the next steps in the buying process are to complete your purchase and secure your first home by reading our New Home Journey guide.
You can also work out whether you need to pay stamp duty on your new home using our handy calculator. Depending on the price of your new home, as a first-time buyer you are likely to benefit from the government’s stamp duty relief.
The exchange of contracts will be dealt with by your solicitor. Signing these contracts means committing to buying your house. As part of exchange, you’ll now need to pay your deposit.
The final step is completion, that means your mortgage money is transferred and, once received, you’ll get the keys to your new home!
Remember to keep money aside to cover your removal costs, and update the relevant people to let them know about your new home.
