New Build Delayed

kartingmad

We have seen the contracts and they are with our solicitor but we have not exchanged as of yet. I have spoken with our solicitor and they are going to pick through the contract

davidmcn

kartingmad wrote: »

we have not exchanged

That makes things clearer. You don't have any rights then, but neither do the builders. You could try renegotiating before you do exchange.

kartingmad

Hi

So we have had some news this morning. Basically the local council are the ones who have put the money forward to the builders to build the houses. So its not like a normal developer.

The person at the council who is very high up has said that he is willing for us to exchange contracts and move in without a completion date. All we will do is hand over our 5% deposit to them and they are happy to do this. If anything was to need doing to the house then we would have to move out which is not a problem because we can go to family in the area

Obviously we are going to consult with our solicitors on this and get everything in writing before we agree to anything.

Has anyone heard of anything like this happening before or done this before.

any info would be greatly appreciated. I mean I can't see the council offering this if they are are not 100% on everything because we could take them to the cleaners if they did mess up after exchange.

Cheers

kartingmad

Any views on this would be great

Thrugelmir

kartingmad wrote: »

We have seen the contracts and they are with our solicitor but we have not exchanged as of yet. I have spoken with our solicitor and they are going to pick through the contract

If you haven't exchanged then there's no binding contract.

kartingmad

kartingmad wrote: »

Hi

So we have had some news this morning. Basically the local council are the ones who have put the money forward to the builders to build the houses. So its not like a normal developer.

The person at the council who is very high up has said that he is willing for us to exchange contracts and move in without a completion date. All we will do is hand over our 5% deposit to them and they are happy to do this. If anything was to need doing to the house then we would have to move out which is not a problem because we can go to family in the area

Obviously we are going to consult with our solicitors on this and get everything in writing before we agree to anything.


Has anyone heard of anything like this happening before or done this before.

any info would be greatly appreciated. I mean I can't see the council offering this if they are are not 100% on everything because we could take them to the cleaners if they did mess up after exchange.

Cheers

So any views on this deal that we have been offered

anselld

kartingmad wrote: »

So any views on this deal that we have been offered

Get "the deal" in writing and ask your solicitor to consider it.
I suspect it will be a non-starter.

Zippy-Wallet

kartingmad wrote: »

So any views on this deal that we have been offered

I don't really think it's any sort of deal. What do you get from it?

As with any new build I would ensure you have a professional snagger completely survey the house before exchange or completion. Whilst developers don't like it, you wouldn't buy a car before they put the paint on it.

A few more weeks to ensure you have a quality product, that you don't live on a building site is a small price. I would be asking your solicitor to draft a letter listing your costs and requesting them to pay them; or you will not be exchanging or completing.

DTDfanBoy

kartingmad wrote: »

The person at the council who is very high up has said that he is willing for us to exchange contracts and move in without a completion date. All we will do is hand over our 5% deposit to them and they are happy to do this. If anything was to need doing to the house then we would have to move out which is not a problem because we can go to family in the area

They may be very high up but they clearly don't understand the legal position. It's pretty unlikely that they'll let someone move into the property before completion after receiving legal advise on the matter.

kartingmad wrote: »

if they are are not 100% on everything because we could take them to the cleaners if they did mess up after exchange.

Cheers

And how exactly will you " take them to the cleaners "

Being a new build the contract will allow for delays, have you actually read the contract yet

kartingmad

DTDfanBoy wrote: »

They may be very high up but they clearly don't understand the legal position. It's pretty unlikely that they'll let someone move into the property before completion after receiving legal advise on the matter.



And how exactly will you " take them to the cleaners "

Being a new build the contract will allow for delays, have you actually read the contract yet

if they mess up after exchange then I definitely have more rights than before exchange.

I thought this forum was meant to be a friendly and inviting place for help. Not somewhere to get shat on from a great height and everyone dampen the mood