New Builds - Any Pitfalls?

Crashy_Time

buggy_boy wrote: »

Sales are very low and have been since after the 2008 financial crash.. They had picked up but with Brexit round the corner its not a big surprise sales have gone down, plus its winter, sales are always lower in winter. What are you calling plummeting and where are you getting your stats from?

And it has been raining a lot, don`t forget that....you seem to know a lot about it, where are you getting your stats?

Grenage

Crashy_Time wrote: »

And it has been raining a lot, don`t forget that....you seem to know a lot about it, where are you getting your stats?

Please stop posting crap about the housing market - there's a forum for that. The OP asked about the pros and cons of new builds; let posts be about something other than your doom-mongering agenda.

Crashy_Time

Grenage wrote: »

Please stop posting crap about the housing market - there's a forum for that. The asked about the pros and cons of new builds; let posts be about something other than your doom-mongering agenda.

So rising interest rates will have no bearing on someone buying a new-build? Interesting, can you expand on this please?

kimplus8

I have lived in a new build and an older home. (both renting) I would personally buy a new/used rather than a bond new house. Probably between 3-8 years old. That way the initial teething problems are sorted and any horrendous defects would probably have reared their heads by now.
I however am not a homeowner so this is just based on my opinion if I were to buy a property now.

Grenage

Crashy_Time wrote: »

So rising interest rates will have no bearing on someone buying a new-build? Interesting, can you expand on this please?

Not really, sod off.

buggy_boy

Crashy_Time wrote: »

And it has been raining a lot, don`t forget that....you seem to know a lot about it, where are you getting your stats?

The Land registry the only reliable source, based on actual sold prices... BTW for your information prices have increased by 5.1%. Look up sales volumes by all types of properties then look at Jan and Feb and you will notice sales volumes are always lower... So ill ask again where are you getting your stats as you did not actually answer...

Go post on the debate house prices if you cant add anything relevant to the actual thread, you just go round copying and pasting links you found on housepricecrash.co.uk

hammy1988

troffasky wrote: »

A little research on here will show you that new builds most certainly do not come with fibre broadband as standard, and you will even find some threads where a new build residents can't get phone lines installed for months because the builder didn't register the development with Openreach.

I was told all new builds come with fibre where possible as standard, I'm quoting Openreach and BT, not myself.

buggy_boy

Davesnave wrote: »

You may be giving the wrong impression here. The NHBC guarantee (and similar) is for major structural parts only, not issues like your dodgy pipes. Basically the guarantee says your house shouldn't fall down.....and I should think not too!

Builders will have their own procedures for minor issues as described above, but not all new build purchasers are pleased with responses to snagging.

I think you have miss read my post, I started a new paragraph when I said new houses come with a 10 year guarantee, the previous paragraph about the pipes was a personal example of how new builds can be of poor quality... In no way was I trying to say the NHBC guarantee would cover things like pipes, as I said in the post the house was 13yrs old at the time so would not be covered anyway...

The Guarantee does actually cover more than just if the house falls down but like any guarantee before giving over your money make sure you fully understand what is and what is not covered so you dont get a nasty surprise.

goodwithsaving

I think some developers have contracts with Virgin Media, hence fibre on some new build estates and problems getting a normal phone line. Virgin Media is expensive, I personally want choice if I have paid that much for a house.

I looked at new builds but for the square footage, I found they had tried to cram too much in. I couldn't find a non-overlooked garden that was large enough either.

Of course, it rather depends which end of the new build market you're looking at. I'd rather a local builder than Persimmon, Bellway etc.

Ignore Crashy. He's a !!!!!.

buggy_boy

goodwithsaving wrote: »

I think some developers have contracts with Virgin Media, hence fibre on some new build estates and problems getting a normal phone line. Virgin Media is expensive, I personally want choice if I have paid that much for a house.

I looked at new builds but for the square footage, I found they had tried to cram too much in. I couldn't find a non-overlooked garden that was large enough either.

Of course, it rather depends which end of the new build market you're looking at. I'd rather a local builder than Persimmon, Bellway etc.

Ignore Crashy. He's a !!!!!.

Thats a good point, with the development I bought on, I think it was Scottish power or one of the power companies laid the gas pipes... From the edge of the development to the house.. If the property is served by the power company its fine but if you go anywhere else then you have to pay a rental charge to lease the pipes, think its only about £13 a year but even so given the number of houses im sure its a little earner for them... The developer obviously did it so they didnt have to pay for the gas pipes.