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Persimmon Part Exchange

2

Comments

  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    The property we're looking at was on at £395k last month but has been dropped to £360k.

    I wonder what it will be worth next month ..... Keep us posted!
  • loopy25
    loopy25 Posts: 48 Forumite
    Yes keep us updated. No news this end either. I would love to call and ask if they have our valuations yet but I know we have to play it cool. I'll just have to sit on my hands all weekend and when they do call put on my best uninterested voice!
    Matched Betting Profit- £815!:j
  • lexie55_2
    lexie55_2 Posts: 775 Forumite
    I've been Money Tipped!
    Persimmon customer services are terrible.
  • austincource
    austincource Posts: 16 Forumite
    In a similar position. Not had interest in our property as market here is still, so considering part-ex and a persimmon. Have spoken to the estate agents she says the buidlers persimmon, edwards etc all panicky and shouldnt offer anywhere near asking price espec if they are near the completion of the build site. Edwards recently dropped house for 294,995 to 250,000 a very good price for the area. We are going for 289,995 property want it for 250, will let you know. Interested to hear how others are doing.
  • skintlass
    skintlass Posts: 1,326 Forumite
    Part of the Furniture Combo Breaker
    I too am thinking of part-ex. I need to sell to be closer to work as I figure the extra money and time saved by reducing my commute will enable me to move to a decent house. The housing market here in Leeds is flat. So people would recommend putting in a low offer on a house offered for part-ex?
    Never let your sucesses go to your head and never let your failures go to your heart.:beer:
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    skintlass wrote: »
    I too am thinking of part-ex. I need to sell to be closer to work as I figure the extra money and time saved by reducing my commute will enable me to move to a decent house. The housing market here in Leeds is flat. So people would recommend putting in a low offer on a house offered for part-ex?

    Nothing to lose by putting in a very low offer, you might be surprised!!
  • FraudBuster
    FraudBuster Posts: 931 Forumite
    The housing market here in Leeds is flat.

    I can do a brand new, luxury, executive, designer 2 bed flat in Leeds at a 75% discount as a special offer for MSE readers!
  • loopy25
    loopy25 Posts: 48 Forumite
    Here is the update...

    To recap- we think our property is worth around £190,000. Their full brochure price on the property we're interested in was £332,500.

    Persimmon offered us £180,500 for our property and their one for £306,000, then very quickly £300,000. No stamp duty.

    We then said considering their offer on ours was low-ish we could offer £275,000.

    A little later they have come back with £295,000-final offer (apparently)

    We said could they do anything on stamp duty and fees as it's still too tight for us. They offered tp pay £500 legal fees and said that is absolutley all they could do on that particular plot but could offer further discounts on other plots (same house)


    We're only interested in this plot. Still feel for us that it's a little tight considering they have also said they will do absolutley no extras. We will not be able to afford to carpet and turf etc. We are thinking of saying no thanks, it's still too much and walking away. If they come back and offer more then we can think again.

    Any advice??
    :D
    Matched Betting Profit- £815!:j
  • Kez100
    Kez100 Posts: 2,236 Forumite
    I wouldn't go for 'too tight' in this market, whatever the offer.

    So,for me, by walking away, I'd only be losing the stress and worry of whether I could afford a mortgage hike, higher fuel prices or whatever.

    Before walking away, state your acceptable offer, put that on the table - preferably with agreement to borrow what you need in principle too, and leave your phone number.
  • FraudBuster
    FraudBuster Posts: 931 Forumite
    The accounting date for their half year trading is 30th June. They will become increasingly desperate to obtain sales as this date approaches.
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