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New build prices

2

Comments

  • SharkMoney
    SharkMoney Posts: 187 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Is it me, or with threads exclusively about house price speculation banned, are we getting a lot more new posters saying "I'm buying a house, should I renegotiate?"...
    Why would such threads be banned? Freedom of speech and all that
  • SharkMoney
    SharkMoney Posts: 187 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Is it me, or with threads exclusively about house price speculation banned, are we getting a lot more new posters saying "I'm buying a house, should I renegotiate?"...
    It’s almost as if people had very significant financial decisions to make in light of the new economic circumstances... crazy huh?

    The whole banning house price discussion thing on this forum is just weird. It’s like pretending there isn’t an elephant in the room. It was always much more effective to have the house price board active to divert discussion to. Now you just get spillover.
    Exactly, I don’t understand the control trying to be implemented 
  • RelievedSheff
    RelievedSheff Posts: 12,804 Forumite
    10,000 Posts Sixth Anniversary Name Dropper Photogenic
    Is it me, or with threads exclusively about house price speculation banned, are we getting a lot more new posters saying "I'm buying a house, should I renegotiate?"...
    It’s almost as if people had very significant financial decisions to make in light of the new economic circumstances... crazy huh?

    The whole banning house price discussion thing on this forum is just weird. It’s like pretending there isn’t an elephant in the room. It was always much more effective to have the house price board active to divert discussion to. Now you just get spillover.
    Exactly, I don’t understand the control trying to be implemented 
    There is a section of the forum dedicated to discussing house prices. This isn't it.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    Certainly in our case when we bought a new build last year losing the deposit would have been trivial compared to the cost of the house. Our reservation deposit was £99. We didn't pay anything else towards the house until the day we exchanged, completed and moved in 3.5 weeks later. 
    Judging from what I've read here that's unusual, most posters seem to have put £500-£1000 down plus also many have then spent additional on extras such as upgraded kitchens and the like. 
  • abanksee
    abanksee Posts: 80 Forumite
    10 Posts Name Dropper
    Marvel1 said:
    No, stick to what you offered.
    Why? Even rics are saying there is going to be a big drop. 40% of surveyor asked thought more than 4% i think. You don't have a vested interest by any chance do you?
  • I don't think anyone can advise on this. You are sure to meet resistance from the developer, so will you feel better if you try? If you have a deposit, you may lose it if you walk away. So punk, do you feel lucky?
    Certainly in our case when we bought a new build last year losing the deposit would have been trivial compared to the cost of the house. Our reservation deposit was £99. We didn't pay anything else towards the house until the day we exchanged, completed and moved in 3.5 weeks later. 
    What developer was that? Mine asked for £1000!!
  • RelievedSheff
    RelievedSheff Posts: 12,804 Forumite
    10,000 Posts Sixth Anniversary Name Dropper Photogenic
    I don't think anyone can advise on this. You are sure to meet resistance from the developer, so will you feel better if you try? If you have a deposit, you may lose it if you walk away. So punk, do you feel lucky?
    Certainly in our case when we bought a new build last year losing the deposit would have been trivial compared to the cost of the house. Our reservation deposit was £99. We didn't pay anything else towards the house until the day we exchanged, completed and moved in 3.5 weeks later. 
    What developer was that? Mine asked for £1000!!
    David Wilson Homes.

    It was on a completed property that was ready to move into so no extras or upgrades to pay for.
  • Marvel1
    Marvel1 Posts: 7,498 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    abanksee said:
    Marvel1 said:
    No, stick to what you offered.
    Why? Even rics are saying there is going to be a big drop. 40% of surveyor asked thought more than 4% i think. You don't have a vested interest by any chance do you?
    No, just fed up of these threads popping up, when they could just look at ones already posted.
  • graphs
    graphs Posts: 109 Forumite
    100 Posts First Anniversary
    Not allowed to talk about house prices when they're going down apparently. The powers that be have had a tantrum lol
  • princeofpounds
    princeofpounds Posts: 10,396 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Is it me, or with threads exclusively about house price speculation banned, are we getting a lot more new posters saying "I'm buying a house, should I renegotiate?"...
    It’s almost as if people had very significant financial decisions to make in light of the new economic circumstances... crazy huh?

    The whole banning house price discussion thing on this forum is just weird. It’s like pretending there isn’t an elephant in the room. It was always much more effective to have the house price board active to divert discussion to. Now you just get spillover.
    Exactly, I don’t understand the control trying to be implemented 
    There is a section of the forum dedicated to discussing house prices. This isn't it.
     I agree, this isn't it. But unfortunately they have closed the part that is it. They claim it's to do with moderator resources, maybe it is, although I never thought it needed that much moderation in reality.  But there has long been an undercurrent on these forums where they powers-that-be haven't been comfortable about such discussions for whatever reason.

    Personally I think the divert-and-segregate approach worked really well; if they close it just get spillover, so you end up moderating that instead. You just will. It's important, and people want to talk about it. 
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