anyone had any trouble with persimmon lately?

fitcrazy

Just wondering if anyones had any problems with the above of late? I would be interested to know. Thanks

funkyspuke

Hello,

Not trouble as such, more a lack of options.

Recently been looking into a new build (on a site which they stopped building on around 1 year ago) on the shared equity scheme.

It seems they have decided to remove their 75% - 25% scheme and now only offer 85% - 15%! So they are being difficult on options.

RetroBob

I am renting a persimmons home (2006 build). It's lowest common denominator cheap fittings and work. I went from wanting to move on to buy a new place, now I definitely don't, will go back further in time.

elspeth240

The Charles Church East Scotland main office is for sale and they are now sharing with Persimmon.

funkyspuke

Is it advisable to stay away from Persimmon New Builds?

fitcrazy

funkyspuke wrote: »

Is it advisable to stay away from Persimmon New Builds?

really? maybe we will have had a lucky escape then. I am so frustrated though after so much stress and agro with it all.
thanks for that though but may i ask why you should say that??

fitcrazy

funkyspuke wrote: »

Hello,

Not trouble as such, more a lack of options.

Recently been looking into a new build (on a site which they stopped building on around 1 year ago) on the shared equity scheme.

It seems they have decided to remove their 75% - 25% scheme and now only offer 85% - 15%! So they are being difficult on options.

unbelievable ay, read my latest post too to see what happened. I wish you well but maybe we have both had a lucky escape!!!!!:)

funkyspuke

I asked if "it was advisable to stay away from Persimmon?".

From what I have found out, they are not looking too cracking.

Stopped building in April 2008 (which is what has effected you) and there are no plans for them to start anytime soon. They are £600m - £1b in debt and their share price has fallen some in a year.

There is a new build site in Wilsden, West Yorks, that has yet to be built on. They have sold 1 house out of the 60 odd they planned to build (inc apartments). I said that I would offer them £155 for a 3 bed semi which was originally £230 (they reduced it to £200 a few months ago).

We will see

princessamy86

Urgh yes! I'm an EA (don't hate me please!) and they managed to hold a sale up for 5 months just because of the ineptitude of their solicitors over one piece of paperwork-they then pulled out a week before exchange, with no explanation other than they felt it had been going on for too long and they didn't feel it was a transaction they wanted to complete. Could never get through to anyone who would give me a straight answer and they have taken top spot on my list of people I would rather not deal with!

fitcrazy

princessamy86 wrote: »

Urgh yes! I'm an EA (don't hate me please!) and they managed to hold a sale up for 5 months just because of the ineptitude of their solicitors over one piece of paperwork-they then pulled out a week before exchange, with no explanation other than they felt it had been going on for too long and they didn't feel it was a transaction they wanted to complete. Could never get through to anyone who would give me a straight answer and they have taken top spot on my list of people I would rather not deal with!

we made a deal with them and reserved last july. Took them 5 months to issue contracts, they didn't sign and now offered 10k less for my house in part ex and taken nothing off the sale of their new build - now we don't have enough money to carry it out. They have also marketed my property at the same price since last july! Crazy isn't it.

fitcrazy

funkyspuke wrote: »

I asked if "it was advisable to stay away from Persimmon?".

From what I have found out, they are not looking too cracking.

Stopped building in April 2008 (which is what has effected you) and there are no plans for them to start anytime soon. They are £600m - £1b in debt and their share price has fallen some in a year.

There is a new build site in Wilsden, West Yorks, that has yet to be built on. They have sold 1 house out of the 60 odd they planned to build (inc apartments). I said that I would offer them £155 for a 3 bed semi which was originally £230 (they reduced it to £200 a few months ago).

We will see

Well, this site we were buying on had nothing on it beginning jan this year - to my amazment there now sits 5 4bed houses and the framework for quite a few apartments - they are reserving quite a few, so it looks like its all happening!
However, the property we were going for was up for £248,995 last july and now been reduced to £229,995. How generous of them to re-value mine and take 10k off the deal and leave the original deal for their build the same - at 225 (now only a 5k discount) great ay!