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Hi! In a bit of a pickle and looking for advice please. We are looking at buying a new build property, the cost of the property is £270k and does not include any flooring and the garden at the back is only rotivated. Front garden is landscaped. No fitted wardrobes are included either. We are also looking at having to possibly convert some of the integral garage for an extra living space. They offer part exchange on the properties and we currently have a property on the market. Are we worth part exchanging and saving on agency and legal fees or selling ourselves and paying legal fees etc in the hope that we can get more for our house and will have some extra money to spend on the new build? Or if you think it’s daft to buy this new build in the first place- I have thick skin so don’t hold back :rotfl: thanks in advance!!

Comments

  • HampshireH
    HampshireH Posts: 4,999 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Daft in my opinion. Why buy a house where you then plan to convert the garage (bear in mind there may be restrictions in doing this anyway)

    Why not buy a property which is big enough for you without the additional expense
  • I’m not going to lie- we are paying for the area!
  • Can you fit in it without converting the garage?

    Location is important, is this genuinely the best way to get the space you need/want in the location you want?

    Have you had any valuations on your current house? Do you have an idea what it would go for on the open market?
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Working on the basis that new houses are more expensive than ones that have been lived in and you are wanting to buy a new one are we going to assume that you want this particular location because it is near something that you use like a school not that it is a very nice area where people aspire to live?



    How much parking do you need and will you still have enough off street parking if you convert the garage?



    New builds tend to be small compared to houses built in the 30s to 60s so you are probably going to be paying more per square foot that you would for an older house.
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