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Haggle on New Build House Price

ste611
ste611 Posts: 2 Newbie
in House buying, renting & selling
Hey all,

Sorry am new to all this just wondering if any of you have some advice?

We're potentially about to reserve a plot on a new build development house expected to complete in February 2018. Can we haggle on the plot price at the stage of reserving the plot? After we pay the reservation fee are we then supposedly accepting the price of the plot and then locked into paying that plot/house price? If we can haggle what is potenitally acceptable?

Many thanks in advance for any guidance.

Comments

  • Marine_life
    Marine_life Posts: 1,059 Forumite
    Hung up my suit!
    Of course you can haggle!

    Are you in a good position (cash buyer?). Is the site moving quickly? Even if the price seems to be fixed, its like buying a car - you can always argue for carpets, landscaping etc. etc.
    Money won't buy you happiness....but I have never been in a situation where more money made things worse!
  • ste611
    ste611 Posts: 2 Newbie
    Thanks for the reply. We're not cash buyer will be taking out mortgage, they are moving pretty quickly though we're awaiting the last plot of the type of house we want to be released slap bang in the area we want it.

    Would we haggle on the price/possible extras thrown in when they call to take the reservation fee and confirm plot price? Carpet and flooring are extras included already but more than happy to push to other bits.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    First Anniversary Name Dropper First Post
    If the properties are being sold quickly it is unlikely that the builder will give you anything. They will just wait for someone who doesn't haggle.
  • kieron79
    kieron79 Posts: 149 Forumite
    we tried to haggle on the development we subsequently reserved on. it's a very popular development in a nice area..... didn't get a thing and I love a good haggle too. you can but ask but if it's an in demand development don't expect much
  • Jackson_N
    Jackson_N Posts: 2 Newbie
    Thanks op!
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    First Anniversary Name Dropper First Post Photogenic
    edited 9 June 2017 at 8:21AM
    ste611 wrote: »
    Hey all,

    Sorry am new to all this just wondering if any of you have some advice?

    We're potentially about to reserve a plot on a new build development house expected to complete in February 2018. Can we haggle on the plot price at the stage of reserving the plot?

    Yes of course. Doesn't mean you'll get anywhere, as said depends on how they are selling.
    ste611 wrote: »
    After we pay the reservation fee are we then supposedly accepting the price of the plot and then locked into paying that plot/house price?
    Not "supposedly" , you are locked in unless you walk away and lose your deposit.

    Don't be blinded by the fact it's a house, if you were buying a car you'd understand that you can haggle before agreeing a price and putting down a deposit but that after agreeing a price and paying a deposit the price is locked in.

    And as another poster said as with a car where mats, upgrades etc are available you can always negotiate on things like carpets, wooden floors better kitchen or tiles etc.

    P.s this mornings election results will likely aid you in your negotiations.
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