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New build flat with no permanent parking

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  • ognum
    ognum Posts: 4,879 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I live in an area where there is a well policed resident parking scheme, all new build flats and conversions are not allowed permits in the scheme and flats must have on site parking.

    It would be a complete no, no, to me to buy a flat with no parking at all.
  • Red-Squirrel_2
    Red-Squirrel_2 Posts: 4,341 Forumite
    My building only has parking spaces for the two bed flats, not the one beds. That seems to be the situation in a lot of city centre flats.

    I rent a space on a contract car park round the corner for £60 a month. Its not cheap, but neither are two bed flats! Are there any car parks close by where you could get a season ticket or similar?
  • Jam88888
    Jam88888 Posts: 9 Forumite
    skintpaul wrote: »
    Are there other parking options, nearby?
    My building only has parking spaces for the two bed flats, not the one beds. That seems to be the situation in a lot of city centre flats.

    I rent a space on a contract car park round the corner for £60 a month. Its not cheap, but neither are two bed flats! Are there any car parks close by where you could get a season ticket or similar?

    There aren't a lot of options near the flats, I understand the garages the developers have offered are going to be the closest to the flats that are currently available. There maybe more in the future.

    We like the flats a lot, but we're finding it difficult justifying paying for parking space when we're already paying a lot for the flat and also other flats in the area all have parking. Having said that we do feel the garage is an option which we could still go for, and as we only envisage being there 4 maybe 5 years so that could be okay but the issue is we feel there might be a knock on effect in the future when we decide to sell or maybe rent out especially as the 10 year lease will have substantially decreased by then thus potentially making the flat less desirable and decreasing the value. At the same time, we're trying to not lose sight that the flats are in close proximity to the station/supermarket/city centre.

    Has anyone had experience of selling a house/flat that doesn't provide permanent parking or parking as described in my opening post?
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    I'm puzzled. Why are you even looking at flats that don't give you things that you seem to regard as very important?

    Other people's preferences and priorities are irrelevant. It's YOUR preferences and priorities that matter to you. If you think you need allocated parking, then stop wasting your time and blood pressure looking at properties without allocated parking. Unless, of course, you're doing so to test how badly you actually want allocated parking, and what you're prepared to trade off against. In which case, fill yer boots. Is THAT flat enough for you to make that compromise? Only you can say.
  • Twiglet12
    Twiglet12 Posts: 42 Forumite
    Be careful about any promises made about these garages and the station if they aren't mentioned in your lease.

    We recently purchased a new build - paying a premium for a lease that included parking. After moving in they imposed a permit scheme - we need to pay for a permit and this can only be for one vehicle that must be registered to our property. We only ever intended to use the space for visitors and occasional work hire cars as there is no other local parking, and we can't do this. In addition, they've sold far more properties with parking leases (only 3 beds included parking), and separate parking space leases (at 10k a pop) than there are spaces, so everyone is having trouble parking, which is something they've specifically paid for.

    This is all being dealt with by solicitors, but other withdrawn vendor promises like visitor spaces and the parking being allocated, which although in writing, aren't in the lease so we can't really pursue.
  • Abraham21
    Abraham21 Posts: 5 Forumite
    Parking is the main issue.
    Do no buy flat. Check flats which is near by to it.
    And cost for parking is very big..
    I will advice you do not buy.
  • prowla
    prowla Posts: 14,003 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I would need at least two parking spaces (one for me + one for a visitor), and supplementary parking to be available too.

    You've only got to look around these fora at the hassle people have with being ticketed for transgressing the random parking "regulations" which sites put in place and engage third parties to enforce.
  • Richard_Webster
    Richard_Webster Posts: 7,646 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Councils are told to discourage car use in city centres.

    Buyers continue to be prepared to pay over the top prices for new built property. While this carries on there is little anyone can do but walk away and buy a slightly older more reasonably priced property.
    RICHARD WEBSTER

    As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.
  • missbiggles1
    missbiggles1 Posts: 17,481 Forumite
    10,000 Posts Combo Breaker
    Why buy a flat in such a handy location and then run a car - it doesn't make sense.
  • oli_ro
    oli_ro Posts: 142 Forumite
    Ideally when buying flat, given the choice, you should get a garage as it serves a double function: its invaluable for storing bikes, tools, sports, equipment, leaving you with a cluter-free flat.
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