London Home Show Sponsors: Meet Latimer by Clarion Housing Group

Can buying a new build save you energy and money?

At Latimer, we know how hard it is for first time buyers to get that leg up into property ownership. The prospect of owning your own home can feel even more out of reach at the moment. Pretty much everywhere on the planet is facing a cost of living crisis.

We took a dive into the detail of a few of our Latimer home buyers. We found some positive examples of real-life savings to share, that may give you some cheer.

An external image of the Potters Warren development from Latimer by Clarion Housing Group - available to purchase through Shared Ownership on Share to Buy!

The rise of modern construction methods, combined with contemporary features provided as standard in many Latimer homes, can lead to the reduction of everyday energy costs. A typical Latimer home may include energy-efficient features as standard such as A+ rated integrated appliances, on-site energy centres and even triple glazing.

We can’t forget that buying a home is a huge financial and emotional investment in the first place. But it’s a decision that’s for the long-term. Thinking to the future the circumstances of the two customers below demonstrate some day-to-day savings to be made through buying an efficient new build property.

An external image of the Ascot House development from Latimer by Clarion Housing Group - available to purchase through Shared Ownership on Share to Buy!

Our homes are built with energy efficiency in mind. Comparing the energy efficiency of where you live at the moment to that of a brand new home of your own may be just the tonic you need to keep your home-buying dreams alive. If you’re not responsible for paying your bills at the moment, have a chat with your family – they’re likely to be able to add some perspective for you.

Customer A will make a yearly saving of £1,493

Current circumstancesA Latimer home
·Lives in a mid-terrace house
·Total floor area of 80 sq m
·Current energy rating = E
·Estimated space heating usage = 14329 kWh per year
·Estimated water heating usage = 1305 kWh per year

Estimated Yearly Cost = £1,911
·Buying a detached house
·Total floor area of 94 sq m
·New Energy Rating = B
·Estimated space heating usage = 3781 kWh per year
·Estimated water heating usage = 1705 kWh per year

Estimated Yearly Cost = £418

Customer B will make a yearly saving of £886

Current circumstancesA Latimer home
·Lives in a semi-detached bungalow
·Total floor area of 81 sq m
·Current Energy Rating = E
·Estimated space heating usage = 17003 kWh per year
·Estimated water heating usage = 2142 kWh per year

Estimated yearly cost = £1,275
·Buying a semi-detached house
·Total floor area of 89 sq m
·New Energy Rating = B
·Estimated space heating usage = 2981 kWh per year
·Estimated water heating usage = 1679 kWh per year

Estimated yearly cost = £389

Take a look at your current Energy Performance Certificate (EPC). You can compare it to the Predicted Energy Assessment (PEA) for the new build home you’re hoping to buy. You may be pleasantly surprised.

Find your EPC: https://www.gov.uk/find-energy-certificate

Attend the London Home Show

Tickets for the London Home Show are free, but visitors must register in advance to attend. For more information, or to reserve your place at the capital’s no.1 first time buyer event, please visit the Eventbrite page.

Share to Buy is a one stop shop for affordable homes. On our website, you can search for propertiescompare mortgages and find out all you need to know about alternative home buying schemes such as Shared Ownership and Help to Buy via our FAQs and guides.