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"Flexibility on price" with a new build
Comments
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What site is it?
We've bought new build twice before and did end up p/xing for the last back in 2003. As said above, enough new homes aren't being built and the days of developers screaming to off load them are long gone.
We're about to put our current house on the market and but a NB again - probably Redrow - but won't qualify for p/x. What's your expected value of your current property vs the NB? They won't let you reserve unless you've sold your current property but I guess you already know that?
I really don't think they'd flinch at turf, I'd try and get the flooring thrown in also.
They are not long gone AT ALL.. REDROW have just sold a house to a friend of my wife from a asking price of 220k for 182k with loads of extras thrown in..and they have lots and lots more that have been for sale for two years at a original asking price of 299k.
New builds are struggling to sell due to low valuations from the banks. This is in Cheshire..It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
I would have thought freehold purchasers are the minority...?GHOULS_ARE_NOT_COOL wrote: »Would any one seriously buy a house that didn't have the freehold? Surely not?Mortgage free I: 8th December 2009!
Mortgage free II: New Year's Eve 2013!
Mortgage free III: Est. Dec 2021...0 -
chapleford by any chance?New builds are struggling to sell due to low valuations from the banks. This is in Cheshire..Mortgage free I: 8th December 2009!
Mortgage free II: New Year's Eve 2013!
Mortgage free III: Est. Dec 2021...0 -
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I'm talking about sites building now, it's a different story if units have been sitting unsold - of course they'll want to sell them.
My comments were in response to the OP, Redrow are doing pretty well at the moment considering they were hit very hard a very few years ago.0 -
It's Buckshaw Village that we're looking at. There's Redrow, Barretts, David Wilson, Miller, Persimmon and another I can't remember there.
Redrow have 3 sites at the village and they do seem to go quickly. That's why I was nervous about 'negotiating'. The others don't seem to shift as fast.0 -
builders are deperate to sell so start at about 70% of asking price and do not pay more than 80%.
.New builds are struggling to sell.
Absolute nonsense, from the usual "debate house prices" board crashaholics.
The reality is exactly the opposite.....
http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=4070185Housebuilder Barratt Developments benefitted from higher selling prices in the second half of 2010 and said 2011 has started well though the market remains fragile.
Average selling prices climbed to £175,800 from £166,300.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
when it's a leasehold? I'm talking about land tenure in general, irrespective of whether the property is a flat or a house.GHOULS_ARE_NOT_COOL wrote: »why wouldn't it be freehold?Mortgage free I: 8th December 2009!
Mortgage free II: New Year's Eve 2013!
Mortgage free III: Est. Dec 2021...0 -
hamish i see you are still a high house prices are good nutter.It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
when it's a leasehold? I'm talking about land tenure in general, irrespective of whether the property is a flat or a house.
Most houses are freehold, however in some parts of the country it's apparently more common that houses are leasehold - so I assume you live in one of these areas!0
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