New Builds and Part Exchange

MeShell

Thought i'd join this thread. we've had two estate agents round today to do the valuations as we're looking to part exchange with Bovis in the south west. we're doing a long distance move and my husbands job transfer is currently on hold to see whether or not we can proceed with the p/x so fingers crossed. We did tell them we are able to complete by the end of June and they have made it clear that if this is the case they will be willing to negiotiate more than usual but i am trying not to be too hopeful!

micflair_2

MeShell wrote: »

Thought i'd join this thread. we've had two estate agents round today to do the valuations as we're looking to part exchange with Bovis in the south west. we're doing a long distance move and my husbands job transfer is currently on hold to see whether or not we can proceed with the p/x so fingers crossed. We did tell them we are able to complete by the end of June and they have made it clear that if this is the case they will be willing to negiotiate more than usual but i am trying not to be too hopeful!

Im in your kinda spot, apart from the long distance move..

Im hoping because of the June deadline I can grab a super bargain (if there is such a thing in the new build sales world)..

Will update you on my progress mate! Ive had both of there surveyors come round to check out my house, just waiting by the phone for an offer from them now..

micflair_2

oggy1511 wrote: »

Well Im with bovis our house was up for 72,000 and Bovis offered us 68,000 in the end. They said to us its coming to half yearly figures so they want to shift as many houses as they can. Well we have had our offer paid our res fee signed all paperwork from solictor and filled out fixtures and fittings forms. Our surveyor has been to survey the new build so just waiting for results. Paid for our searches now we just waiting for Bovis to send their Surveyor out to us now. Darent get excited yet lol
Oggy

Again is exactly the same spot as me.. your just a bit further down the road oggy! Just out of interest how much is the house you are trying to buy from them? And how much if any have you got off the asking price?

oggy1511_2

MeShell wrote: »

Thought i'd join this thread. we've had two estate agents round today to do the valuations as we're looking to part exchange with Bovis in the south west. we're doing a long distance move and my husbands job transfer is currently on hold to see whether or not we can proceed with the p/x so fingers crossed. We did tell them we are able to complete by the end of June and they have made it clear that if this is the case they will be willing to negiotiate more than usual but i am trying not to be too hopeful!

hi meshell good luck on everything we doing a p/x with bovis to also in the south west and we doing a long distance move due to hubbys work.we moving to swindon where are you moving to?

oggy1511_2

micflair wrote: »

Again is exactly the same spot as me.. your just a bit further down the road oggy! Just out of interest how much is the house you are trying to buy from them? And how much if any have you got off the asking price?

hi micflair the house we trying to buy from bovis is 136,995 and they havent dropped the price at all but they have chucked in carpets and flooring. But we did get a good deal on our old house it was up for 72,000 and they offered 68,000. good luck with everything

MeShell

oggy1511 wrote: »

hi meshell good luck on everything we doing a p/x with bovis to also in the south west and we doing a long distance move due to hubbys work.we moving to swindon where are you moving to?

Thanks, we are off to Bristol which is actaully where hubby is from so its not too much of an uproot for us. Was hoping to hear from them this evening as they know its all time dependent but nothing so guess it'll be tomorrow now am quite nervous about it all!
Micflair- im doubtful about getting a big bargain but we'll see! I shall keep you posted.

oggy1511_2

MeShell wrote: »

Thanks, we are off to Bristol which is actaully where hubby is from so its not too much of an uproot for us. Was hoping to hear from them this evening as they know its all time dependent but nothing so guess it'll be tomorrow now am quite nervous about it all!
Micflair- im doubtful about getting a big bargain but we'll see! I shall keep you posted.

Good luck then and keep us posted

Jo_Mc_2

Oggy, we bought using a builder's px scheme earlier this year and as others have stated, it was all subject to surveys particularly as our house was over 25 years old.
As for the timescale, we agreed the px deal on Dec 23rd (bear in mind that we couldn't appoint a solicitor until Jan 4th due to the Christmas and New Year holiday) and we completed on January 28th. By that time the building company had already accepted an offer on our old house!

oggy1511_2

Jo_Mc wrote: »

Oggy, we bought using a builder's px scheme earlier this year and as others have stated, it was all subject to surveys particularly as our house was over 25 years old.
As for the timescale, we agreed the px deal on Dec 23rd (bear in mind that we couldn't appoint a solicitor until Jan 4th due to the Christmas and New Year holiday) and we completed on January 28th. By that time the building company had already accepted an offer on our old house!

Hi Jo_Mc thanks for that well we have accepted offer had the survey done on our new build filled in all solictor paperwork just waiting on surveyor coming to survey our house we in now. Did anything come up in your survey on your old house and if so did you have to get the work done yourselfs.
Thanks again
Oggy

micflair_2

oggy1511 wrote: »

hi micflair the house we trying to buy from bovis is 136,995 and they havent dropped the price at all but they have chucked in carpets and flooring. But we did get a good deal on our old house it was up for 72,000 and they offered 68,000. good luck with everything

Ahh right I get it mate. Did you actually make a cheeky offer or did you just go through with it at the price they wanted?

I really am in a situation where the equity in my current house (about 15k) will be wiped away if I take a low amount for the part ex, my savings + equity is all needed for the deposit so I can get at least a 20% mortgage on the new place, so a lot depends on there offer for my house, and then me blagging them down by a fair bit also. Im planning on using there half year figures as a good bargaining chip, if they dont play then its fine - Ill just stay where I am and save up a bit more. Im not getting myself obsessed with this house.. well maybe just a bit.. haha