We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Interesting E-mail from Barratts
Comments
-
I live in a 2 year old Barratt house which I bought from the 1st owner. They came and sorted out all the problems the 1st owners didn`t sort out and I have nothing but praise for the workmen that came out. I wouldn`t want to buy one from new especially in the current climate. I paid £45,000 less than the 1st owners in just over a year.0
-
space_rider wrote: »I live in a 2 year old Barratt house which I bought from the 1st owner. They came and sorted out all the problems the 1st owners didn`t sort out and I have nothing but praise for the workmen that came out. I wouldn`t want to buy one from new especially in the current climate. I paid £45,000 less than the 1st owners in just over a year.
And that was a year which had overall House Price Inflation!
Jeeeeeeeeeeeeeeeeeeeeeeeesssss0 -
We got 10% MORE than TRUE market value for ours, 10% LESS for their house
Who determined the true market value of your house? 10% off their vastly inflated price, that has probably dropped 20%+ as I write? See the post above, which states that someone bought a second-hand NB in 2007 for 45k less than the original purchaser.
The usual glitter on the cake that are no where near the value claimed by the developer.Carpets, Tiled Flooring, Curtains, Blinds and Landscaped Garden
Hardly the basis for recommending someone else to do the same as you.In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0 -
Do your own research with regards to the figures 'market value' and actual value etc. Ignore sales junk like mortgage paid for a year. Work out in CASH terms what you are paying them and then take off 30% , tell them to shove it if they want more. Tell them what you will pay and bear in mind that they were quick enough to put up prices in a rising market.
Even at 30% i think you will regret, in financial terms at least, buying in a years time.0 -
Really? Should have gone to specsavers!anger, denial, acceptance
0 -
Who determined the true market value of your house? 10% off their vastly inflated price, that has probably dropped 20%+ as I write? See the post above, which states that someone bought a second-hand NB in 2007 for 45k less than the original purchaser.
The usual glitter on the cake that are no where near the value claimed by the developer.
Hardly the basis for recommending someone else to do the same as you.
I determined the market value for our house. I walked across the road and asked a neighbour how much they have just sold theirs for (same style as our house).
Not sure about bellways vastly inflated price as I compared it to other houses in the area of the same spec. It had already been previously discounted.
as for the extras thrown in. The developer never mentioned how much they were worth. I had a good look around the house and worked it out myself. I never believe anything the sales rep says anyway.
Carpets - Well, we need something to walk on and I hate laminate flooring so that's money saved
Curtains and Blinds - Not keen on people looking through the windows at us and need something to block the sun out when watching the tele....again money saved
Tiled flooring - Hate Lino so again money saved
Landscaped Garden - We would have needed fencing and turf at the very least but after seeing the garden two weeks ago it's stunning. Really glad they agreed to do it. Saved me some work!!
I'm sorry to pick your post to bits. I'm not recommending people do the same as us. I'm just saying that you can negotiate good deals even on a part-ex in the current climate
I'm 100% convinced that we have saved money against selling our house through an estate agent and buying a second hand one.0 -
I'm sorry to pick your post to bits. I'm not recommending people do the same as us. I'm just saying that you can negotiate good deals even on a part-ex in the current climate
LOL!
You hardly picked my post to bits, since you only got a 10% discount for a NB, whereas other buyers seem to be getting signficantly more.
You have really missed the point about extras. Such things are only used by developers as sweetners on a deal. You could have asked them to forget about these extras and requested more discount.
Remember that in a crash, cash is king.
Good luck with your negative equity!;) In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:0 -
PMSL,
House prices will have to drop a HUGE amount for us to be in negative equity :rotfl:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards