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OFF PLAN new built property TIMESCALES how long in total?

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Comments

  • satchef1
    satchef1 Posts: 115 Forumite
    There's a lot of development going on around here. One thing I've noticed; progress appears to have little to do with the size or complexity of the development. Instead, it's about how well the properties are selling.

    The MOD, in partnership with Lovell, were able to build nearly 350 houses in about a year. The local housing association is well funded; its developments are completed quickly and efficiently. The more popular local developments have made great progress, being completed in 2-3 years. The less popular ones are looking like they'll take 6-10 years instead.

    I suspect the time it takes to build a house has more to do with cash flow than actual construction challenges. Where the money is available up-front, progress is rapid. Where sales are strong, progress is fast. Where sales are poor, everything seems to take ages.
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