We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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!
OFF PLAN new built property TIMESCALES how long in total?
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.