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Persimmon house and 50-50 % scheme or 85-15% scheme???

soledad82
soledad82 Posts: 5 Forumite
in House buying, renting & selling
hi everyone

i would like to buy a persimmon house but i am very confused... i have the choice between a 50-50 % scheme or 85-15% scheme. i have no idea which one is best. Could you please help?

also the appartment i would like to buy costs 135,000 pounds. How much do you think i can offer and still be taken seriously? i was thinking of 120,000 pounds. is it too low or do you think that i should offer even less?

it's the first time for me so i really don't know what to expect and i hope you'll be able to help me.

Thank you so much in advance!!!

Comments

  • poppysarah
    poppysarah Posts: 11,522 Forumite
    The best scheme is called "waiting" and then you pay 50% of the current asking price.

    Seriously. Do you not read the papers? They can't sell new builds because they are overprices.

    Offer 85k and see what they say.

    If you offer anything over that you are basically setting fire to your money.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Poppysarah is correct these [STRIKE]scams[/STRIKE] schemes are tricking you into 100% mortgages that don't exist anymore and never will again, sit back and wait for prices to fall.
  • Cat695
    Cat695 Posts: 3,647 Forumite
    Not only are you mad getting in one of these scams but your also mad for buying a new build....my shed was put together better (cause i did it)

    WAIT WAIT WAIT.....save up for a bigger deposit and go looking next year when everything will be CHEAPER
    If you find yourself in a fair fight, then you have failed to plan properly


    I've only ever been wrong once! and that was when I thought I was wrong but I was right
  • soledad82
    soledad82 Posts: 5 Forumite
    thanks to both of you! but i must admit i am even more confused now... i thought that NOW was the best time to buy because the market was low and not alot of people have got money to buy... Don't you think that in a year's time, prices will go up??
  • Incisor
    Incisor Posts: 2,271 Forumite
    1,000 Posts Combo Breaker
    soledad82 wrote: »
    thanks to both of you! but i must admit i am even more confused now... i thought that NOW was the best time to buy because the market was low and not alot of people have got money to buy... Don't you think that in a year's time, prices will go up??
    I suppose the sales people told you that?
    After the uprising of the 17th June The Secretary of the Writers Union
    Had leaflets distributed in the Stalinallee Stating that the people
    Had forfeited the confidence of the government And could win it back only
    By redoubled efforts. Would it not be easier In that case for the government
    To dissolve the people
    And elect another?
  • Incisor
    Incisor Posts: 2,271 Forumite
    1,000 Posts Combo Breaker
    soledad82 wrote: »
    thanks to both of you! but i must admit i am even more confused now... i thought that NOW was the best time to buy because the market was low and not alot of people have got money to buy... Don't you think that in a year's time, prices will go up??
    Wait till you see that prices have levelled out for at least 6 months. Don't panic if they go up for the odd month in isolation.
    After the uprising of the 17th June The Secretary of the Writers Union
    Had leaflets distributed in the Stalinallee Stating that the people
    Had forfeited the confidence of the government And could win it back only
    By redoubled efforts. Would it not be easier In that case for the government
    To dissolve the people
    And elect another?
  • Cat695
    Cat695 Posts: 3,647 Forumite
    soledad82 wrote: »
    thanks to both of you! but i must admit i am even more confused now... i thought that NOW was the best time to buy because the market was low and not alot of people have got money to buy... Don't you think that in a year's time, prices will go up??


    This is just the start of it all......its got a while to go yet....you really would be daft to buy now....ESPECIALLY into one of those schemes and DEFO a new build
    If you find yourself in a fair fight, then you have failed to plan properly


    I've only ever been wrong once! and that was when I thought I was wrong but I was right
  • brit1234
    brit1234 Posts: 5,385 Forumite
    House prices are going to fall for the next few months. It is increasingly being forcast that they will fall over 50%. While most people are reducing their selling prices fast the developers are refusing and comming up with these scams to catch first time buyers.

    Don't be fooled into it, research the scheme in detail on the internet. Watch below for a start.

    http://news.bbc.co.uk/1/hi/business/7613781.stm
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • lincroft1710
    lincroft1710 Posts: 19,088 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I would NOT like to buy a Persimmon house!!!
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
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