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New Build Price Reduction (other plots)!!

tt07 · 2017-10-28 22:35:04

We're pretty close to exchange on a new build and today we've noticed a price reduction on not dissimilar plots. Although comfortable that there is generally a new build premium this makes that premium even more so and a little gauling. Anyone had similar, what did you do and have success with? ETA if had exchanged I…

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Crashy_Time Posts: 13,386 Forumite

31 October 2017 at 7:36PM

tt07 wrote: »

Maybe so and don't disagree on the raising price point am sceptical, that and not many people are going to be in position to buy and complete by Dec 22nd, we will see on the 2nd Jan where the price sits come the New Year.

The equity piece isn't from the developer, and didn't discuss that. We need to live somewhere and the loss only materialises at point of sale with more equity comes flexibility from the inevitable cycles of ups and down, bulls and bears, growth and crashes.

It is like the previous post says, they are just trying not to scare you off.

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