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Haggling with Barratt help!
sarahdh
Posts: 352 Forumite
My DH and have been looking at a Barratt development that we like and are going to view the show home soon. We'd like to get the best deal possible, has anyone got any tips?
What should we actually say to start haggling? How much below asking should we start? What extras have others had thrown in?
The development is in County Durham if that helps.
Also, I know lots of people don't like Barratt and I know lots of people don't like new build, but we like the house and the area and intend to live in the house with our children for a long time!
What should we actually say to start haggling? How much below asking should we start? What extras have others had thrown in?
The development is in County Durham if that helps.
Also, I know lots of people don't like Barratt and I know lots of people don't like new build, but we like the house and the area and intend to live in the house with our children for a long time!
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Comments
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I am sure you will loads of people come along and give detailed advice but the principles I strongly believe in are keep the emotions out of it. Do not form any bond with the sales negotiator, keep it cool, then the next important aspect is negotaite ONLY on the phone. Not face to face where some peoples resolve can weaken.
I am in negotiation every day of the week and have over the years made some really good deals with property and with cars.A retired senior partner, in own agency, with 40 years experience in property sales & new build. In latter part of career specialising in commercial - mostly business sales.0 -
1, Don't except their homebuy plan where you have 25% off and pay back after I believe 5 years. Ask for 25% off straight and state how bad the market is and that mortgage companies aren't prepared to lend as much now especially on newbuilds.
2, Don't let your position weaken by them trying to throw in chrome taps and curtains, say you don't care and just want the discount.
3, Don't take parents with you as they will try and do the guilt trip on them and embarrass them to make them lend you money.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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Is there any other developments in the area that you can play each other off with?
And don't feel like you need to make an offer on the spot, ask them for their best price then walk away if need to.I hate migraines.0 -
Don't haggle. Just express a keen interest but say they're way too dear.
They're not selling much at the moment so will be gagging to sell you something.
Refuse their first few offers.
Leave it six months. Go back and see how many they've sold and how much more desperate they are.
If they are selling like hot cakes then they won't want to negotiate anyway.0 -
plan this as a longterm plan..take your time and you will get the most out of them.and remember if you are not embarrassed with your offer. it is too highIt is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
I sent you a PM regarding one Barratt site in Co.Durham. I know there are at least 3 newly built houses which have not been lived in since being built over 8 months ago.
I walked in off the street and bought one off plan, It was more of a case of I wanted a particular house for a set price then left them my details. I got a phone call 4 days later saying I had it, this house was not even released when I walked in. I wish everything in life was that easy.
Some friends went looking at some flats (not barratt) and the sales woman said please tell me what your willing to pay, what extras you would like as we need to sell some soon etc etc.Lets get this straight. Say my house is worth £100K, it drops £20K and I complain but I should not complain when I actually pay £200K via a mortgage:rolleyes:0 -
hi it depends we've been looking at a development in witton le wear and we have just had a offer accepted on a £315000 house, they have given us 12.5% deposit, stamp duty paid, £4000 towwards flooring and granite worktops in the kitchen, and i still think we could of got more but my OH and her mother started to feel sorry for the sales girl!!!!0
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Deleted_User wrote: »hi it depends we've been looking at a development in witton le wear and we have just had a offer accepted on a £315000 house, they have given us 12.5% deposit, stamp duty paid, £4000 towwards flooring and granite worktops in the kitchen, and i still think we could of got more but my OH and her mother started to feel sorry for the sales girl!!!!
Don't sign anything!
Your OH and mother feeling sorry for the sales girl is horrendous. That is no way to buy a house.
You can probably get another £40k off.
Walk away.0 -
Deleted_User wrote: »hi it depends we've been looking at a development in witton le wear and we have just had a offer accepted on a £315000 house, they have given us 12.5% deposit, stamp duty paid, £4000 towwards flooring and granite worktops in the kitchen, and i still think we could of got more but my OH and her mother started to feel sorry for the sales girl!!!!
This is not a good deal! You can get more money off! Forget about the deposit, it is just make believe. Also forget about white goods, flooring and granite worktops etc. Just go for the cash discount.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 -
look at the website and see what deals they do..and try and get as much of the deals as possible..
e.g.. stamp duties paid, discounts off the asking price, legal fees paid, carpets fitted and kitchen appliances, garden sorted..
also when you bought the place, have a good look at any defects and get them sorted asap..smile everyday...cos its free
Live everyday to the Full..cos there is no tomorrow:dance:0
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