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!
Reserved new build: If we delayed we'd lose incentives, but now they're delaying..
patchfunky
Posts: 5 Forumite
We've reserved a house with Persimmon to be moving in May/June time.
So far we have reserved and paid £500 reservation fee. We were meant to sign on 28Feb. We understood that we would lose all incentives (excellent discount, free caprets,stamp duty paid) if we didnt do this by 28 Feb.
However, Persimmon are STILL sorting things out at their end. We could say that they have now messed us around for a month!
So, are we entitled to ask for any 'compensation'? Go into the offices and get angry? (it doesnt really matter to us, but we could get angry if there's something in it for us ha ha!)
We'd really like any tips/advice, thanks .
So far we have reserved and paid £500 reservation fee. We were meant to sign on 28Feb. We understood that we would lose all incentives (excellent discount, free caprets,stamp duty paid) if we didnt do this by 28 Feb.
However, Persimmon are STILL sorting things out at their end. We could say that they have now messed us around for a month!
So, are we entitled to ask for any 'compensation'? Go into the offices and get angry? (it doesnt really matter to us, but we could get angry if there's something in it for us ha ha!)
We'd really like any tips/advice, thanks .
0
Comments
-
Generally, I;ve found that the builders are quite flexible on this. Judging by what your saying I dont think you will loose the incentive if the reason you could not exchange on 28 feb was due to the builder and you have done everything on your side.
Have the builders said that they wil withdraw the incentives?
On a couple of occassion I did not exchange within 28 days but the builder was quite happy to let me have the incentives because I showed them that I was doing everything I possibly could. One of the reason was the solicitor was slow but as I was using their recommended solicitor they didnt say much.
Speak to the builder and see what they say? No need to get angry just yet!!Debt at highest (November 2005) = £35,856
Debt currently (August 2006) = £20,790
&More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700
Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
2nd Interim Goal = £15,000, Target October 2006
Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!!
0 -
It happens. Anger wont solve anything and I know for a fact that Persimmon dont pay compensation (previous life). Just sit tight, the incentives will still be yours. Good luck0
-
Thanks both of you! Actually I wasn't worried about losing our incentives (should I have been?!!) I was more thinking, IF we'd have delayed, they reckon they WOULD HAVE taken stuff away. Therefore, since it's THEM who are delaying, would they GIVE us anything to compensate?!! Probably wishful thinking, this game isn't equal after all! Thanks.0
-
patchfunky wrote:Thanks both of you! Actually I wasn't worried about losing our incentives (should I have been?!!) I was more thinking, IF we'd have delayed, they reckon they WOULD HAVE taken stuff away. Therefore, since it's THEM who are delaying, would they GIVE us anything to compensate?!! Probably wishful thinking, this game isn't equal after all! Thanks.
Unfortunately, you wont be entitled to any compensation. However you could trying asking for a few extras in the house, which they might be ok with, you never know!!!Debt at highest (November 2005) = £35,856
Debt currently (August 2006) = £20,790
&More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700
Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
2nd Interim Goal = £15,000, Target October 2006
Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!!0 -
No chance!0
-
Yeah, I wondered about extras and what sort of extras I could go for... but you reckon 'big fat no' distilled?!!0
-
I know Persimmon well! Wait your chance when your new home is "ready". Thats the time to screw them.0
-
no harm in asking is there!!!Debt at highest (November 2005) = £35,856
Debt currently (August 2006) = £20,790
&More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700
Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
2nd Interim Goal = £15,000, Target October 2006
Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!!0 -
distilled wrote:I know Persimmon well! Wait your chance when your new home is "ready". Thats the time to screw them.
WOW :eek: Nice insight!!!Debt at highest (November 2005) = £35,856
Debt currently (August 2006) = £20,790
&More £1,530, Egg £6,800, HSBC £3,760, Egg Loan £8,700
Interim goal = £23,400 (Target: February 2006, Missed but acheived May 2006)
2nd Interim Goal = £15,000, Target October 2006
Debt Free Date = February 2008 BUT I'M GOING TO BE TRYING FOR SOONER!!!0 -
But why would they give us something then? Surely it's all over at that point?
(Waiting expectantly and excitedly!!)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards