Persimmon over-valued newbuild

lellow_lorry

change every metre figure to 3.03 ft This is not exact but close enough to get a rough idea to a couple of inches

diable

PasturesNew wrote: »

I can't tell if it's small
I don't understand metres.... I now have to go off and calculate every single one in feet/inches to find out.

75.37 X 10.7639104 = 811.275 sq feet

hth

phead

lellow_lorry wrote: »

Go for 180k with the extras or threaten to walk

Exactly!

I don't remember where I read it, but someone said :

"If you not embarrassed by the offer you make on a house, then its not low enough"

We are terrible in this country at negotiating, its persimmon's your dealing with, not your gran, treat them like dirt:D Go back and have another look around, on the premise that it might be overvalued, and bring a extra doomsayer person who can chip in negative comments.

tb1105

thanks! The sizes are approximate from their advert leaflet. We lookedr ound the show home version of our house and loved it

In feet:

Living room - 12'10 x 10'6
Kitchen/Dining room - 19'10 x 6'5

Bedroom 1 - 10'7 x 10'1 with internal wardrobe
Bedroom 2 - 10'7 x 9'5
Bedroom 3 - 8'10 x 6'6

Bathroom is a little bigger than bedroom 3
Downstairs loo is very small, just loo and sink

tb1105

**Upsy_Daisy** wrote: »

Overpriced

Who is going to buy next door, next door to that?

quality of the build/building

size of rooms

quality of the land it is built on (previous use)

Need I say more

next door to us is another couple on the homebuy scheme, so key workers. On the other side of us is a 4 bed, couple with a kid.

It is overpriced as valuation has come back at £180k, they advertised at £189,500 but that's why you get a survey done

Quality of the build - builders are builders, all houses were built by builders at some point!

Size of rooms - modern houses are smaller than older houses but we want a newbuild as we don;t want to inherit other peopl'e problems or bodged jobs and love the idea of having our own new house that we can have made and fitted exactly how we want it.

Land - used to be a very very big field on the outskirts of the town we live in. They have been developing on it for a good 2 years and will be goin for a long time yet!

thumper1970

**Upsy_Daisy** wrote: »

New build or the plague - I'd pick the plague anyday

Walk away now - don't even bother bargaining - no price is too low when it comes to newbuild

Whereas, I'd go for new build anyday! Have had two, and both excellent houses.

As long as you go in with eyes open, and be prepared to get them to sort out the little issues that crop up.

And, we even sold one after just two years, £20,000 higher than we'd purchased!

Radiantsoul

Seems pretty small for a three bedroom place....

tb1105

These are recent sold prices of similar 3 bed new builds on the estate. Ours has come back at £180k value, Persimmon are appealing saying it is worth £187,500.
Ours is terraced (are these cheaper than semi?)
Wish we knew how much and what deal next door were doing!!

November 2009 - 2 x semi (£184,000 and £185,000)
October 2009 - 1 x semi £185,000
July 2009 - 1 x terraced £180,000
June 2009 - 3 x semi (£185,000 £184,950 and £177,000)

pinkshoes

Don't forget you'll also need underlay under all those carpets and laminate...

£7500 extra on the mortgage at 5.5% interest will cost you an extra £34.37 a month in interest. That's £412.44 a year... (the cost of over half the carpets).

I would stick with insisting on the valued price, AND carpets!

dopester

thumper1970 wrote: »

And, we even sold one after just two years, £20,000 higher than we'd purchased!

Wow. I'm sure the OP can expect their house to rise again like that? No chance of it falling in value by £20K, £40K, £100K+ in the future is there? :rolleyes:

You're all going to soon step into the real world, now Labour's glory has ended.