how do 'new builds' work ?

bluebeary

people are living on a new build while some are reserved and some are sold, some arent finished and some are still to be built

the road hasnt even got a name yet, let alone a postcode, how do they get their mail, how long does it take for the address/ postcode to be recognised by the relevant people, organisations such as royal mail, car route planners etc

suprisingly though, even in inverness the new builds have a bus route already lol

bclark

I am living on a new build development that's still being finished. I had an address, postcode everything before moving in. The only problem I had was with the database on a few minor things that wouldn't recognise my address for a few months but all if the big ones did.

The main road has not been properly finished yet but my side road has. I don't know anyone that has moved into a new build that doesn't have a road name or address, maybe it happens but I haven't known in myself.

The only big problem has been with the occasional tradesman finding us as most people satnavs don't have us on yet but that's easily overcome.

Sparx

It will have an street name and postcode. A lot of places just don't have the roads finished though or found on certain databases for utilities i.e. gas, electric, broadband, telephone lines, etc.

Who's the developer and nearest street you know of? And rough town/postcode area? Could probably find it on Google.

ConfusedofYorkshire

I rented a house that had been there 4 years. The street sign was incorrect but the council refused to change it- they said they hadn't adopted the road. House builders said call the council.

Post was fine but deliveries from couriers weren't because it didn't appear on satnavs. Whole thing was rubbish. But I'm sure they're not all like that:)

ging84

The road almost certainly will have a name and postcode, these are normally worked out well in advanced of people moving in, the details get registered with land registry, the council and royal mail.
These can be very difficult to find out when you have neither to search on and all the maps of the area show empty fields
I found the land registry map search quite helpful for finding it out,
the search without full address button on here
http://www.landregistry.gov.uk/public/property-ownership

it can be tricky working out where to use the search tool when the map is showing an empty field, there are several different layers you can flick through including various areal views which might be recent enough to show something.

I moved into my current house in December I found my address was on some company databases just before i moved in, but most didn't, a lot had the post code, some had the first few houses to be built showing, but not the rest. A lot of mapping queries recognised the postcode, but would not get the right area, they would either show it in the middle of a village 3 miles away, or in the town centre. 2-3 months from moving in everywhere pretty much recognises my address, but the mapping is not in place, a lot of delivery drivers have difficulty finding it. I have updated openstreetmap myself to include my street, as i'm having a bbq next week and needed to be able to show some people where it is

Things are much better than 5-6 years ago, my last new build was in 2007, this was a building which had been completed 6 months before i moved in but almost nowhere had my postcode and it was another 6months at-least before i could expect there to be a reasonable change of a company having my postcode in their database

Lily-Rose_3

Slightly off topic, but late last year my husband's pal at work reserved a new build in a part of the county where 1100 properties are being built. (Mix of flats and 2 and 3 bed houses, and 4 and 5 bed houses that are 3 storeys high.) She and her OH looked at the plans of the estate and viewed the showhome, (3 bed detached,) and picked a plot, and they knew roughly where it was going to be.

It was nothing like they were imagining: it's shoved up a corner with 13 other houses in a space where frankly, no more than 6 houses should be. They are rammed together, and she is one of five houses on a shared drive. Parking and getting in and out is going to be a nightmare. Also, her garage is integral at the front of the property and the distance from the house next door is four feet.

Also, the house was supposed to have views over fields/woods, at the back, and now 200 new homes are scheduled to be built right behind her, with one joining on to her (15 foot long) back garden.

I wouldn't go for a new build where neither the property OR the estate was built, for all the chocolate in the Cadbury factory!

She and her husband are now trying to find an avenue they can go down to cancel the purchase, but I think they will lose about 5 grand in deposit and cancellation fees if they do.

bluebeary

another thing with new builds is they wont hold the value will they ?

a friend of mine has had her house on the market for nigh on three years at least and is selling at a loss but she will always only buy new builds

scottishblondie

bluebeary wrote: »

another thing with new builds is they wont hold the value will they ?

a friend of mine has had her house on the market for nigh on three years at least and is selling at a loss but she will always only buy new builds

I think it really depends on the house, the development and the area. 6 or 7 of the houses around me have sold over the last 2 years. They were in the first phase built about 4-5 years ago, my house was in the 2nd phase which finished about 18 months ago. As far as I can tell they didn't have any trouble selling and went for the same or a little more than they did originally.

kinger101

In terms of delivery drivers finding things etc, many people at first write their address (once you get a road name):

XX New Road
(Off Old Road)

At least then, the driver is roughly in the right area, and can as for directions from a local.

comeandgo

We were the very first to move into the first house on our development and had serious problems with BT. The postcode we had been given was not the correct one that the Royal Mail ended up giving us and BT would do nothing until they had the correct post code. We had eight weeks of continual phoning them, and until BT in we could not get any TV as only satellite will work in my area.
Regarding value dropping, within a year they were selling the other houses on the estate at 15% more than we had paid. Depends totally on demand for your area and style of houses.

HildaM

We moved in 14 months ago and had a few cases at first where people couldn't find us on their satnav but it got better within about 3 months. Except today - first time in ages - Tesco delivery driver had to phone me as he couldn't find my house.


Our road and the one adjacent were the last to be occupied - we all moved in in March last year. Two house in the next road have been put on the market in the last month - the first went up for £360,000 and was sold in the first week. It was bought last year for £304,000.
The other one is up for £370,000 having been bought last year for £324,000. There seems to be no such thing as 'new build loss of value' round here right now.