We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
How much to offer new builds
spidergirl_uk
Posts: 2 Newbie
Hi, I've just started to look at buying my first property (focusing on new builds). I've seen some which I'm interested in around the £215k mark - how much should I offer?? Would 20% to start be too much? Help please!!!
0
Comments
-
who you going to lend from? have 25% deposit or more?
id ask for 30% off they are worth alot less than they claim0 -
I would be interested to know which developers are accepting less than their list prices, as I am looking at new builds too, but they were quite firm about the price. It may be that the developments I have been looking at were the ones that were actually selling though!I have autistic spectrum disorder which is a social communication disorder so please be patient with me.0
-
How long is a piece of string?
Have a look at non new builds in the area that are a similar size and quality, and see what they cost, and offer about the same.Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0 -
20% of the asking price? That's far too much.!!!
Don't offer them a penny over fifty quid ... and don't forget to tell them your offer will be reduced by a tenner every day they take to think about it.
Just thought I'd get in with the usual, indispensable advice one can glean from this forum.
Btw, there's a specific sub-forum to discuss house prices. Please try and keep to it.
"Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 20100 -
-
thepeachyone wrote: »I would be interested to know which developers are accepting less than their list prices, as I am looking at new builds too, but they were quite firm about the price. It may be that the developments I have been looking at were the ones that were actually selling though!
They're reluctant to reduce while the houses are still being built. My friend bought one where it had been finished for a few months and the builder was approaching the month of their financial year end. He bought one for about 35% off the original asking price (which had been reduced by the time he looked at it).0 -
sarah_elton wrote: »They're reluctant to reduce while the houses are still being built. My friend bought one where it had been finished for a few months and the builder was approaching the month of their financial year end. He bought one for about 35% off the original asking price (which had been reduced by the time he looked at it).
Perhaps this is just for that particular builder? I got another 30 grand off after they had already been reduced. Now less than the "used" houses of same type in that and surrounding area. This was December 08 too so nowhere near year end and was due to be built after their year end (however things have progressed very quickly and they have brought it forward from August to May to fit in their year end but at the time of negotiation didnt know this. Other builders I went to reduced the price before I even got to negotiation stages so it is there up for grabs.
Sarah0 -
Is it a 3 or 4 bedroom house? with a garage?
If its on sale for £215k, is that reduced or the original asking price? Try £150k.0 -
20% of the asking price? That's far too much.!!!
Don't offer them a penny over fifty quid ... and don't forget to tell them your offer will be reduced by a tenner every day they take to think about it.
Just thought I'd get in with the usual, indispensable advice one can glean from this forum.
Btw, there's a specific sub-forum to discuss house prices. Please try and keep to it.
Well, look at the title of the website this forum sits in. If you want to see people flashing their money around check out, I dunno, new car forums?!!!0 -
This sub-forum is for House Buying, Renting & SellingWell, look at the title of the website this forum sits in. If you want to see people flashing their money around check out, I dunno, new car forums?!!!
The next sub-forum is for House Prices, the Economy & Recession
Which one [STRIKE]do you[/STRIKE] would most sensible people think most appropriate to discuss the price of a house in?"Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 20100
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards