New-Build Bargains: Buyers' Market Bonanza

The new-build market is having a bit of a wobble, but for savvy buyers, it's time to strike gold.

According to Chestertons, political and economic jitters, coupled with Budget buzz, have left developers with more shiny new homes than usual. With 89,100 homes popping up like daisies between April and September 2025, it's a buyer's paradise out there!

Watson Briggs from Chestertons spills the beans: new buyer enquiries have dipped 21% this year, while developers kept those cranes swinging. The result? A sweet spot for buyers to swoop in and snag some serious deals. We're talking up to 12% off and juicy incentives, plus the chance to tour your future digs in all their completed glory—no off-plan guesswork here!

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Despite the enquiry slump, Chestertons' New Homes division is riding high with a 71% sales surge this October compared to last year. Why? Because eager beavers are itching to move in pronto. New builds boast a speedy 28-day contract exchange, leaving older homes eating dust at 121 days. Picture yourself decking the halls in your brand-new abode this Christmas!

But don't dawdle! This buyer's bonanza won't last forever. With lending conditions easing and political skies clearing post-Budget, Chestertons predicts a demand deluge come early 2026. So, if you're dreaming of a new-build nest, now's the time to pounce before the market turns competitive again. Ready, set, negotiate!

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Want to hear more? Join Mal & Matt on the Property AI Report Podcast each week!

Access from your preferred podcast provider by clicking here

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