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  • FIRST POST
    • crisp
    • By crisp 7th Mar 18, 4:24 PM
    • 406Posts
    • 55Thanks
    crisp
    New Build Negotiating Sale Price - Success stories
    • #1
    • 7th Mar 18, 4:24 PM
    New Build Negotiating Sale Price - Success stories 7th Mar 18 at 4:24 PM
    Particularly with the larger developers.

    I have set up appointments to view new builds (Crest Nicholson, Barratts etc) this week/weekend and wanted to know how flexible prices have been with real stories.

    We have our place under offer and do not require a mortgage. Will that work in our favour or are these developers oblivious to this?
Page 1
    • moneytorques
    • By moneytorques 7th Mar 18, 5:22 PM
    • 111 Posts
    • 41 Thanks
    moneytorques
    • #2
    • 7th Mar 18, 5:22 PM
    • #2
    • 7th Mar 18, 5:22 PM
    Price wise all depends on the market of selling in the area they are very stubborn in general, All I got out of Croudace in West Sussex was Flooring throughout circa 3.5k which was better than nothing
    • ThePants999
    • By ThePants999 7th Mar 18, 5:38 PM
    • 1,121 Posts
    • 1,375 Thanks
    ThePants999
    • #3
    • 7th Mar 18, 5:38 PM
    • #3
    • 7th Mar 18, 5:38 PM
    Developers hate reducing the sale price because that shows up on the Land Registry records and affects the price they can get for all subsequent sales on the same development. What you can typically negotiate with developers is "incentives" instead, like them paying your stamp duty, or free improvements to the house, which aren't public information.
    • luis1988
    • By luis1988 8th Mar 18, 8:46 AM
    • 63 Posts
    • 24 Thanks
    luis1988
    • #4
    • 8th Mar 18, 8:46 AM
    • #4
    • 8th Mar 18, 8:46 AM
    Really depends on the area and how well the houses are selling.

    Having said that, we managed to get our 3 bed new build in Oxfordshire down from 327,000 to 279,000. We got the best price for the style of house on the small development, even lower than some of the 2 beds! All homes on the development sold quickly apart from a large 5 bed that took 2/3 months to sell after the development was finished.
    • ozmusafir
    • By ozmusafir 9th Mar 18, 12:41 PM
    • 30 Posts
    • 2 Thanks
    ozmusafir
    • #5
    • 9th Mar 18, 12:41 PM
    • #5
    • 9th Mar 18, 12:41 PM
    we had a 7k deduction is price plus 15k for upgrades.
    • ReadingTim
    • By ReadingTim 9th Mar 18, 4:04 PM
    • 2,670 Posts
    • 3,824 Thanks
    ReadingTim
    • #6
    • 9th Mar 18, 4:04 PM
    • #6
    • 9th Mar 18, 4:04 PM
    Find out when their financial year end (and corresponding half year) is, and start negotiating ahead of that - there's a massive rush to get completions over the line in time for the results, so they're more likely to do a deal around that time than at others.

    That said, if the development's popular, don't expect anything!
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