What’s my rights / New build

lisyloo

Are the NHBC involved?
I've bught 2 new builds and whilst I understood finising can be shoddy I thought the fundamental were checked by NHBC.

Ac1987654

It is up in County Durham. I am not too sure what is happening with the NHBC cert tbh. I assume as we got to the day before completion it was signed off but then when the crack appeared the wouldn’t let it go ahead. It’s very difficult to get a straight answer out of the developers I have asked for a reason as to why it cracked and no-one will tell me anything. I requested through my solicitors the engineer report but, again, nothing. Surely as I am going to be buying this I have a right to know these things.

Sibz

Ac1987654 wrote: »

Independent. I was really surprised when she said we were tied in as we had exchanged, it isn’t a small issue! Why should we be tied to what looks like a bad investment?

Is it only your holding deposit you stand to lose if you walk away? If so, that might be considered a small amount to pay in the scheme of things if the situation continues to worsen. Have you checked that with your solicitor. Have you a plan B in formulation?

missprice

Just a small couple of thoughts
Make it a game/extended holiday for the little one. Depending on how small a child it could be made lots of fun.
If you pull out today would you be kicked out of the holiday let? Therefore needing to find a place to stay while you look for another place to buy?
Can you afford that as well as whatever fees you will lose.

vw100

The house will need sign off and putting in steels should make it structurely more sound. Who is the developer a small private firm or one of the larger companies? Also it is in there interest to finish quicker as the longer it takes them it is costing them money as well.

Ac1987654

Kier Living is the developer. I should have read the reviews!

diggingdude

Kier aren't always aweful, my brother's house with them is sound. They are not good at clearing up the site afterwards though

Charles2988

The sofa is on finance has not started yet because we are not in our home. Would this affect my mortgage completion and do halifax do another credit check? Can anyone help me out please

PasturesNew

Ac1987654 wrote: »

I was really surprised when she said we were tied in as we had exchanged, it isn’t a small issue! Why should we be tied to what looks like a bad investment?

That's what exchange is. The "fully committed" part of the process - where nobody can pull out without serious financial consequences.

You've been peculiarly shafted, a very rare occurrence.

Your act of performing the exchange is what tied you in. If the house had burnt to the ground as you were approaching you'd be in the same position: you promised to buy it.

Ac1987654

To make matters worse our mortgage offer is due to expire and completion before this is looking doubtful. As we now have no fixed address my credit rating has taken a hit and I am concerned we would not be granted an extension. Where would I stand from this perspective as we purely have no fixed address due to the developers delays!