New-build home developers are providing incentives to buyers, including deposit contributions and stamp duty coverage, as mortgage rates continue to rise. The average monthly mortgage repayment has increased by nearly £130 since January, with moving costs also seeing a 27% jump between November 2024 and 2025.
Among the incentives, Persimmon Homes offers an additional 5% of the sale price as a deposit booster, while Barratt Homes matches buyers' 5% deposits up to £25,000. Some developers, such as Lovell Homes, will cover stamp duty, which could save a buyer £5,000 on a £300,000 property in England.
For those seeking a quick sale, some developers offer to buy current homes, helping buyers avoid average estate agent fees of £4,615. Bellway, for example, has a 105% part exchange programme on specific developments. Key worker discounts are also available, with David Wilson Homes contributing 2.5% to 5% of a property's value, up to £25,000, for armed forces members.
New-build buyers may also access lower introductory mortgage rates through schemes like Own New, which offers rates between 3.27% and 3.57%. These are available through partnerships with major homebuilders and lenders.
Prospective buyers are advised to research developers, inspect build quality, and understand warranty coverage. It is also important to check for potential estate fees for shared spaces, even with freehold new-builds.