What to offer?

bingobangobongo

Looking at a new build, of which there are only 3 left of this type (large semi). There are a few smaller ones left in this development.

The price is £215,000. What sort of offer could I get away with considering:

1. I have a large deposit
2. Mortgage is more or less arranged
3. No chain.

Is £185,00 cheeky and an unrealisitc offer? It represents a 15% drop on the asking price. I just want to consider any future drop in the house price.

Thanks

poppysarah

Are there any new build estates that have had a lot sell / repo'd on them nearby?

bingobangobongo

There is a couple of new build developments not far from this one which have had a few sales.

Patr100

You don't know what those new build actually sold for do you? They may have thrown in other extras to shift. New build apartments (flats) are likely the most difficult to sell at the moment.
I thnk given the present climate, 10-15% below the asking price with your finance assured is likely a fair starter offer.

bingobangobongo

Thanks - just in case I ring the EA and they scoff at me down the phone!

1984ReturnsForReal_2

bingobangobongo wrote: »

Looking at a new build, of which there are only 3 left of this type (large semi). There are a few smaller ones left in this development.

The price is £215,000. What sort of offer could I get away with considering:

1. I have a large deposit
2. Mortgage is more or less arranged
3. No chain.

Is £185,00 cheeky and an unrealisitc offer? It represents a 15% drop on the asking price. I just want to consider any future drop in the house price.

Thanks

Go on a free website to check what the other house prices sold for & when & deduct a minimum of 1.6666% per month then deduct a further 10-15%.

That would be a good & fair way to start & there is little arguement.

bingobangobongo

You mean a website like propertynews? I thought they only listed the asking price and not the actual agreed price?

Is there other websites which list the agreed price?

Thanks

1984ReturnsForReal_2

bingobangobongo wrote: »

You mean a website like propertynews? I thought they only listed the asking price and not the actual agreed price?

Is there other websites which list the agreed price?

Thanks

http://www.houseprices.co.uk/ up to January


there are lots more about.

bingobangobongo

any that cover NI?