Please Help

helloookitty999

Hi,

I'm a first time buyer and want to buy a new built wimpey 3 bedroom house.
asking price came down 3 months ago from around 330,000 to 299,995.
I am not sure how much I should offer
What do you guys think?
what is the lowest price george wimpey probably would accept?

Many many thanks

mewbie_2

It depends if the house is in Mayfair or Park Lane. If it's Old Kent Road I wouldn't touch it.

helloookitty999

it's in greater london

mewbie_2

If you put up a Rightmove link then people can assess it better. They can also use Property Bee to determine price drops around the area.

Here's a link to latest Wimpey results. They ought to be grateful for any offer...

http://newsvote.bbc.co.uk/1/hi/business/7583557.stm

Bf109

helloookitty999 wrote: »

Hi,

I'm a first time buyer and want to buy a new built wimpey 3 bedroom house.

Why? Did they give you sodium pentathol or something?

*your name is Harry Palmer* *your name is Harry Palmer* *your name is Harry Palmer*

wymondham

helloookitty999 wrote: »

Hi,

I'm a first time buyer and want to buy a new built wimpey 3 bedroom house.
asking price came down 3 months ago from around 330,000 to 299,995.
I am not sure how much I should offer
What do you guys think?
what is the lowest price george wimpey probably would accept?

Many many thanks

mmmm, not the best timing. I won't bore you with all the posts, but be aware of the state of the market. I'd be interested to hear how low you go and if they accept though!

lil_miss_17

be cheeky and see what they say. what are similar non-new builds going for?

Richard_Webster

what are similar non-new builds going for?

That's the point. In 5-10 years time nobody is going to be bothered if a house is 5 or 20 years old. So you have to look at the slightly older stuff.

Of course, what builders do is confuse the issue by building in areas where there isn't anything much similar to compare with or building slightly non-standard house types like "link-detached" - do you pay nearly as much as "detached" or only very little more than "terrace"?

Somebody was telling me the other day about a 4 bedroomed (3 storey) "town house" (ie. terrace) on an estate in the "Waterside" parishes on the edge of the New Forest - commuter for Southampton but hardly "town". Postage stamp garden. Who really wants to buy something like that if they want to live out of town? You do that to get a bit of space....OK if you are a profesional couple with no children living near work in a City....Builder had knocked 1/3rd off the original asking price but I still doubted it was worth the money.

Whatever you do don't rely upon the Land Registry statistics because builders very often offer incentives which don;'t show n the Land Registry figures.

GDB2222

Prices are dropping at 2% a month at the moment. Why in heaven's name buy now? Come back in a year or two when the worst of the fall is over.

helloookitty999

GDB2222 wrote: »

Prices are dropping at 2% a month at the moment. Why in heaven's name buy now? Come back in a year or two when the worst of the fall is over.

hi, i would only buy if they would accept my offer ^^

Treadmill

I'd be starting off with an offer of 220K... and would go not a penny higher than 245K. bypass the sales advisor and speak directly to the regional sales manager or equivilent to save time.

I read today that one of the big companys is selling two houses a week, Iforget which one though. With that little business you should be able to speak directly to the CEO, its not like they are busy.