LETTING & ESTATE AGENT

Investing in new build homes just got more attractive

Investing in new build homes just got more attractive

Traditionally and historically, buy-to-let investors have been prepared to a pay a premium for a brand new home because tenants are generally willing to pay more for a property that offers a wide range of mod cons, while they can also expect to slash their annual energy bills, thanks to the fact that new build homes are built to current regulations making them significantly more energy efficient.

But soon those occupying new homes will also be able to expect ultrafast broadband connectivity after the Home Builders Federation (HBF) and utility infrastructure provider GTC agreed a national deal for HBF housebuilder members to provide superfast fibre broadband in all new build homes nationwide.

GTC's UltraStream300 fibre network enables housebuilders to provide their customers with speeds of 300Mbps available now and ready for 1Gbps when future higher speeds are needed by households.

New homeowners will also benefit from a fixed line phone service, discounted Sky TV packages and a wide choice of broadband packages currently from four independent service providers. 

The installation of ultrafast fibre broadband should help to increase the attractiveness of new build homes, ensuring that people receive "a service that exceeds demands today, but importantly futureproofs new homes for the greater demands to come", according to Peter Andrew, HBF's deputy chairman.

He added: "Broadband speed is seen by many homebuyers as being absolutely essential to the way we live and communicate today. Housebuilders have the challenge of ensuring their new homes keep pace with future advances."



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