We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Bought a new build and may be price drops in neighbouring properties

1235713

Comments

  • epz_2
    epz_2 Posts: 1,859 Forumite
    The OP's best bet is to get the Scottish Parliament to make the sale illegal (assuming it was an English housebuilder).

    :)

    GG


    please dont give our parliament ideas, they only have little minds and are trying there best to cope with the problems of 1970s socialism.

    christ after the next crash expect to here calls for extended warranty and cooling off periods.

    that said the op does have my sympathy, unlike england there are no fundementals driving up prices here except lose bank credit. there is no shortage of space to build on and at best the population is static thanks to immigration, if you overpaid at the top of a bubble here you better like the place cause its going to take a while to recover.
  • nelly_2
    nelly_2 Posts: 17,863 Forumite
    10,000 Posts Combo Breaker
    epz wrote: »
    that said the op does have my sympathy, er.

    doesnt have mine I think hes a !!!!!n idiot! :)

    I bought something and its gione down in price I want my money back?


    !!!!!!! no you ..............its called grow up and be an adult!
  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Part of the Furniture Combo Breaker
    ixwood wrote: »
    Be nice to all money savers springs to mind. We're all the good guys fighting greedy big business together right??
    Yes we are, but the OP was making allegations about "small developer" greed, presumably without knowing how much it had cost to build the place. I'm sure you'd all prefer the builder to try maintain prices and go bankrupt to preserve the OPs potential profit..?

    As TwoPints said earlier, we haven't had much of queue to pay the builders more money when prices go up- kinda destroys the "we're not buying the place as an investment" argument doesn't it?
  • BTman
    BTman Posts: 354 Forumite
    Uniform Washer
    ixwood wrote: »
    Looks like we're going to see a lot more of these threads soon. I hope all the bitter long term HPCers aren't going to pop over all over the place gleefully rubbing salt into peoples wounds.

    I have a feeling they will....:D

    Edit: Post Count: 250
    Thanked 195 Times in 100 Posts..
  • stamford
    stamford Posts: 5,175 Forumite
    No, you take it back and say you bought the wrong thing then buy it again with the credit note for a pound less.

    /quote]

    A daft reply on an even dafter thread. The house is second hand, it's been used, the OP bought it 6 months ago off plan and now gets cold feet - totally different to taking back an unopened pack of washing powder the next day.
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    nelly wrote: »
    Yeah and another one martin got wrong is -theres no such thing as a stupid question!

    There really is............. and the OP of this thread proves it!

    There seem to be an ever increasing number of stupid questions asked on MSE forums. Someone on the Travel Forum was complaining they couldn't get their money back from a Flight booked on Expedia. Reason? They made a mistake and booked a flight from Birmingham, Alabama instead of Birmingham England!:rotfl: Why? Because it was cheap! No such thing as a stupid question? I don't think so!
  • Gorgeous_George
    Gorgeous_George Posts: 7,964 Forumite
    Part of the Furniture Combo Breaker
    stamford wrote: »
    No, you take it back and say you bought the wrong thing then buy it again with the credit note for a pound less.

    /quote]

    A daft reply on an even dafter thread. The house is second hand, it's been used, the OP bought it 6 months ago off plan and now gets cold feet - totally different to taking back an unopened pack of washing powder the next day.



    whhhoooooooosh!

    :)

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • saunaboy
    saunaboy Posts: 162 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    some of our pals have resisted warnings & gone ahead with a 200k purchase of a new build from plans in a very dodgy area. Surrounded by factories & council estates in the North of England. They've signed the deal & are still moving, even though only about 50% of the places have gone.

    We've bought a similar size place in terms of sq metres in a far nicer place about 1 mile up the road for 120k but it's terraced & they're insisting on a detatched. By detached I mean a 30cm gap between houses...

    If a crash comes it won't evenly wipe a certain % off every property. Nice houses in nice places might suffer but they'll pale into insignificance compared to virtual prefabs on brownfield sites.
  • cats!
    cats! Posts: 267 Forumite
    Sorry to hear what's happened, hope you had a full structural survey done.

    Don't watch Dispatches next Monday on Channel 4 - it's about new builds...

    At least you got the home you wanted though.
  • StuH_2
    StuH_2 Posts: 34 Forumite
    BTman wrote: »
    You are the kind of person that has pushed prices up...

    Enjoy your negative equity :)


    :rolleyes: Always one.

    Negative equity is not a massive concern. Its a home I've bought not an investment. I probably have been slightly naive but we saw the house and loved it and saw it as our home The houses were a certain price, I just expected a level playing field. Others may think its a stupid question but I felt it was legitimate. :confused: The answer seems to be no we cant do anything.

    The reason why I referred to the builder as being greedy was that I was told by the (now-ex) site agent that the prices were suddenly increased before the launch by the builder. If you met him you would know what I meant.

    Thanks for the heads up on that dispatches program but I'm happy enough with the quality.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.