From affordability and sustainability to privacy and space, there are lots of reasons why a new two bedroom home just might be the perfect fit for the first time buyer. Your move to home ownership may be a smoother process than you think, if you consider buying a two bedroom home.

Affordability and Financial Supports

(photo: sitting room in Glenveagh two bedroom home)

Home ownership might be more attainable than you imagine and a newly built two bedroom home could be the answer you're looking for. Affordability is a key consideration for the first-time buyer and many new two bedroom homes are in the price bracket that qualify for financial supports, such as the Help to Buy Scheme and the First Home Scheme.

Whether you're in private rented accommodation or living with relatives, you may be saving for a home deposit; this can take time, but with the government supported Help to Buy scheme, you may be able to reach this goal earlier than expected. The scheme can help you with your home deposit, with up to €30,000 or 10% of the property value, available in the form of a tax rebate. The scheme is particularly for new home purchases, making a new build a serious option for the first-time buyer.

The First Home Scheme (FHS) helps first-time buyers and other eligible home buyers with up to 30% of the market value of their newly built home in a private development anywhere in the Republic of Ireland. If you qualify for the FHS, the government and participating mortgage lenders will provide up to 30% of the market value of a new home, in return for the same percentage share in equity in the property.

The good news is that you can combine both the Help to Buy Scheme with the First Home Scheme; in this case the FHS can provide up to 20% of the market value of the home. Again, this makes it an desirable option and a new two bedroom home could be in the price range that makes moving into a new home all that more attainable. Your monthly mortgage payment may well end up being less than you were paying in rent, so it's a great option for renters hoping to get on the property ladder.

Flexibility with that Second Bedroom

(photo - Glenveagh two bedroom home)

A newly built two bedroom home gives you a flexibility that you don't expect in a one-bedroom apartment, for example. It's possible to live in a home that's brand new, with its own back garden, without having to compromise on comfort or design. A Glenveagh two bed, for instance, gives you different options for open plan living, en-suite bedrooms, great design and beautiful interiors. Privacy and your own garden space are also nice bonuses to have.

Moving into a newly built two bedroom home gives you the obvious luxury of everything being in turnkey condition; no unexpected maintenance costs or unwanted surprises. You can literally unpack and settle in, safe in the knowledge that you won't be lumbered with unforeseen repairs costs and there's a lot to be said for that.

Two beds are clearly better than one and having a second bedroom may provide for a study, home office or guest room. A second bedroom is also perfect as a nursery. You may even think about renting out the room. You can do this without it affecting any financial supports or schemes used to purchase the home, so it's an option worth looking at.

A-Rated and Sustainable

(back garden in a Glenveagh two bedroom home)

A Glenveagh newly built two bedroom home is built with comfort and energy efficiency in mind. It's A-rated when it comes to its Building Energy Rating (BER), meaning it's in the most energy efficient category of buildings. With insulation in floors and walls, A-rated double glazing and a state of the art heating system, your new home is created with sustainability at its core, reducing environmental impact. An A-rated home saves energy, but it also gives you a level of comfort, no matter what the temperature is outside.

There are lots of good reasons to think about moving into a newly built two bedroom home, from affordability to sustainability. It can offer you a lifestyle that provides comfort and great design all in one place; your new home.

You can take a look at Glenveagh two bedroom homes here.