New Build/PX/Haggle

Squish_21

I dont think new house builders have dropped their prices enough (if at all).
They dont seem to be acknowledging the current economic situation!!

RobertoMoir

Squish_21 wrote: »

I dont think new house builders have dropped their prices enough (if at all).
They dont seem to be acknowledging the current economic situation!!

Just been talking about this on another thread. The new build game seems to be to keep prices high and use all kinds of artificial schemes to knock money off the intial price by hiding it in deferred loans, so people think they've got a bargain without realising that they're going to get hit hard when the rest of the cost of the house comes due.

feisty1

old story.........not such a thing as a free lunch!

missscotia

Not very keen on the whole 75% buy now and 25% pay later, seems a bit of a rip off. We would just be going in to mortgage the amount she needed with a £35-40K deposit. There a lot of offers like free carpets and that and was hoping she would be able to get them all included too.

Doozergirl

You're a little bit defeatist. The option to haggle with de to negotiate developers is pretty much always there, regardless of the state of the market. It just depends on how you approach the matter. You should fairly easily be able to negotiate a discount of a decent year's salary and should always bear that in mind when you are talking to them - someone in your family will have to work an entire year to pay that back, plus the interest.

If you are not part-exchanging, you are in a better position to haggle.


Carpets, contributions towards solicitors fees etc are worth nowhere near the money they say they are, you'll save nothing on solicitor's fees because they're too expensive to start with - you are always best to buy anything that isn't tied down, elsewhere. Carpets and other options, if you had the 'equivalent' discount off the house, you would be able to buy anywhere at a much cheaper price than they tell you they are worth with plenty of change.

Go for discounts - don't ask for a discount, make them an offer and negotiate hard. Only when they can't be pushed on price any more do you then turn around and say 'that price includes carpets then?'

hethmar

Are you saying its not been built yet?

missscotia

No i don't think it is built yet, would we have more negotiability that way or when they already started building it?

zaphod_beeblebrox_2

missscotia wrote: »

No i don't think it is built yet, would we have more negotiability that way or when they already started building it?

Is this a windup, you don’t know if its been built yet?, jump in your car and find out, if it has then you’re in a better position to haggle

missscotia

No it isn't a windup!!!!

I don't know if it been built yet because my mum is only looking at houses worth 190-200k by barratts and wimpey, so we don't know if they have been built yet as we haven't been into any of the site offices yet just got some info.

missscotia

OK, Had a looky at Wimpey, the offering at the moment a 3 bed semi for £185k. hasn't been built, how much discount do you think we could get off that? The house will be ready june/july.

Give me your opinions?!