RESIDENTS who choose to buy brand new homes can save thousands of pounds on energy bills and maintenance costs, according to developers Taylor Wimpey.

The average household’s dual-fuel energy bill at a new-build property built to current regulations is 55 per cent cheaper than a typical modernised Victorian home according to the Zero Carbon Hub, which could equate to savings of around £1,300 a year.

House-hunters who buy new homes could also save on costly repairs and maintenance bills.

Darren McCormack, regional sales and marketing director for Taylor Wimpey, said: “Buying a new home is the biggest purchase we ever make, so the savings that add up from buying a new-build home compared with an older property can really make a difference.

“Not only does buying new add up financially, but purchasers can enjoy the benefits of expert help and advice from our sales executives throughout the entire moving process.

“Research by the Royal Institute of Chartered Surveyors revealed people have found themselves facing average repair bills of £5,750 to their previously-owned home by failing to get a proper survey.

“The typical household spends on average £716 a year on home repairs and maintenance – an expense which purchasers of a brand new home can happily avoid.”