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Bought a house off plan?

Jamgeorge
Jamgeorge Posts: 89 Forumite
in House buying, renting & selling
Anyone want to join me in the wait for their new build?!

We have bought a house off plan and have the completion date of 21-31st December! Fully aware this can change however! At the min the foundations are not even laid and the plot is just being cleared ready...

Comments

  • hazyjo
    hazyjo Posts: 15,476 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Think you want this thread:


    https://forums.moneysavingexpert.com/discussion/5414384/does-anyone-want-to-join-me-waiting-for-new-build-to-be-built-and-complete&highlight=waiting+new+build
    2024 wins: *must start comping again!*
  • HampshireH
    HampshireH Posts: 5,042 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    All the best. 4 months is extremely optimistic if they havent even started.....especially going into autumn/winter.
  • Jamgeorge
    Jamgeorge Posts: 89 Forumite
    Yeah I agree!! Very ambitious
  • nkomp18
    nkomp18 Posts: 193 Forumite
    Part of the Furniture 100 Posts
    My newbuilt has moved date forward twice.
    Originally the told me "probably early 2019" and after the second jump forward they now tell me "Completion date 26th of September".
    Caused a bit of a panic
  • kingstreet
    kingstreet Posts: 39,483 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Jamgeorge wrote: »
    Anyone want to join me in the wait for their new build?!

    We have bought a house off plan and have the completion date of 21-31st December! Fully aware this can change however! At the min the foundations are not even laid and the plot is just being cleared ready...
    The chances of there being any solicitors around to do a legal completion after 21 December is slim and none so after 21 December really means 2 or 3 January.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • ReadingTim
    ReadingTim Posts: 4,087 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    kingstreet wrote: »
    The chances of there being any solicitors around to do a legal completion after 21 December is slim and none so after 21 December really means 2 or 3 January.

    Unless the developer has a calendar year end, when they'll almost literally move heaven and earth to get completions over the line...
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The building trade are even more likely to shut down over Christmas than the lawyers, so if it doesn't happen before everyone b*ggers off for a boozy lunch on the 21st it ain't going to happen before whenever they return in the New Year.

    And obviously, much more likely to be weather-related delays in the winter anyway.
  • gazzabboi
    gazzabboi Posts: 210 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    I bought off plan. When I reserved it in July, the foundations were already laid and it completed 20th December. Its a bit optimistic, Feb is more likely
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