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move to a newbuild property. . more pro's or more con's ?

DAREDEVIL78 · 2012-10-02 20:11:44

hi, my wife and i have recently inquired as to purchase a new build 3 bedroom townhouse via persimmon homes, we own our current 2 bed first home and owe £60k to date on the mortgage with roughly £10k+ equity in our house. the new build house is currently advertised for £143k which seems high to me but either way we are at…

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Nan_Dingle Posts: 166 Forumite

4 November 2012 at 6:29PM edited 4 November 2012 at 6:49PM

What is the position with HA allocations, as there is bound to be on a new estate? You are always going to be living in what is effectively a part-council estate.

Build quality will be OK to dreadful, all MDF and filler. The rooms will be small and corners will have been cut wherever possible, so expect to hear neighbours rumpy-pumpy loud and clear (and vice-versa).

Watch out for the parking position, they may well have sold the parking 'enforcement' to a shyster wheel-clamper so you can only park one car per unit without getting a £60 fine.

Any garden will be awful, just a skim of soil over rubble and subsoil from the excavations.

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move to a newbuild property. . more pro's or more con's ?

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