New builds - what discounts have you had recently?

Henry_P_Chester

New build flats near me have been reduced from £175k to £159k. They have been built for over a year and the vast majority look empty. I'd say you could get a good discount on those. The EA who is marketing them has big posters in there shop window saying "summer price bonanza!" I think they are getting desperate.

On something that's only recently completed you probably won't get much off though. But who knows go in low and see what happens.

iandv

Speaking with sales advisors for new homes today barratt and elan homes they said you will need 20% deposit to put down so it will pass the mortgage survey, they said that all sites now ask for this

Is this true? I understand you need a good deposit to get a good mortgage rate but not as a requirement for reserving a new home



Any advice would be welcome