House Prices #5 Property market, buying and selling

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OnlyHereForTheLolz said:
During Covid a friend got a show home fully furnished plus £15K towards a deposit, even though they were funding it through the sale of two properties. Essentially they got a £620K house for £570K. Included was also the site foreman at their beck and call for the first year if there were any issues
So if anybody is looking to buy wait until the new year, I reckon there will be many many new build deals to be had
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I saw someone on Facebook saying they were looking at the show room to buy as seen. So they couldn't get any issues fixed and someone in the comments said they did the same and it was a nightmare as they had loads of issues. Maybe a new thing they do or just certain companies do it that way
 
Former_Antelopee said:
I saw someone on Facebook saying they were looking at the show room to buy as seen. So they couldn't get any issues fixed and someone in the comments said they did the same and it was a nightmare as they had loads of issues. Maybe a new thing they do or just certain companies do it that way
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I would understand that applying to the fixtures and fittings but the actual house! surely the house would still be covered by the 10 year NHBC thing
 
I would imagine some developers might wiggle out of the 2 year snagging cover, if a buyer got a show home. I think it all depends on the developer though. We got a “new home” last time that the previous owners never moved into due to personal circumstances so technically it wasn’t new. The developers were fab and we still had the 2 year snagging thing even though that house was over a year old (and been empty) when we moved in. Unfortunately ot had been specced to within an inch of its life but not to our style 😂. Joys of moving for work.

The NHBC thing would definitely still be there though. Our current house is 12 years old and a neighbour used it 2 years ago for a fault on their garage. They were within weeks of it expiring.
 
I know someone who bought a show home and had a terrible time. The developers had put promotional posters up and ripped them down ruining the wallpaper and they claimed that was ok. Half the down lights under the kitchen cabinets were missing and they tried to argue they weren't there when they exchanged so tough.

There were loads more but I can't remember them all. The developer seemed to be taking the line of you got lots of free upgrades so why are you making this thing an issue.
 
Insta09875 said:
First time buyers here we weren’t planning on buying a new build however after speaking to my partners accountant she said that they’re struggling to sell new builds at the minute so they’re willing to add in freebies and offer big discounts on extras does anyone know if this is true? Also when it comes to buying a new build and you do add on extras, do these need to be paid separately or can you add them into the mortgage?
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Hi, I’ve worked for three major new build firms in my career.

Have a look at when their half year and full year end is, you can negotiate a better deal that way.

Paid for extras need to be paid for upfront, they can’t go on the mortgage.

There’s good deals out there at the moment.
 
Jellycat369 said:
Not that it's remotely the same circumstances but I relocated 450 miles away in the space of three days lol! Is your current house listed?
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Not yet.

zetta buttons said:
If it’s 30 miles could you commute until the house was sorted? I drove 45 miles each way to a school for 2 terms until we moved a few years ago. Obviously I don’t know your circumstances so it could be a complete no no! X
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Not really, it's a solid 1.5 hour commute as the roads are absolutely bleeping wank round here - it's all single lane A road which commonly has huge accidents on it and very few back routes (for context, my current job is the opposite direction but it currently takes me over an hour most days to drive 10 miles to work and I am not willing to do that any longer as it's killing me mentally) and I'd potentially be working 10 hour days, so I don't want to be leaving at 6:30am and not getting home until 7:30pm, especially as we have a 22 month old. I know people who have commuted from my area to this hospital for a little while as it's the next biggest trust with more specialties and every single one said it was the worst decision ever.

I've pretty much decided this job won't work for us as a family anyway, I'm moving from the hospital I work in (9 miles/1 hour commute) to one much closer in the new year (4 miles/25 minute max commute, could run it if traffic is really bad) and although it's not a job I will love or want to do for long it'll do until I have a second baby and we can re-evaluate then. Even if we did live within 30 minute drive of the new hospital, from what I understand from people who work there parking is absolutely impossible, the roads around it get blocked at every shift change (some people have told me it regularly takes them 20 minutes to get off site) and although it'd be 25 minutes on paper, it'd probably be very similar to my job at the moment, where I'm sat in traffic for over an hour every day.
 
That sounds horrendous. Tbh I used to work in a city that now has had a 5 year roadwork thing going on near it. If I was still working there I would have either moved house or school because that stretch is awful. They are saying Spring 2025 but no one believes them!

I hope you get things sorted, it’s really hard to juggle sometimes x
 
zetta buttons said:
That sounds horrendous. Tbh I used to work in a city that now has had a 5 year roadwork thing going on near it. If I was still working there I would have either moved house or school because that stretch is awful. They are saying Spring 2025 but no one believes them!

I hope you get things sorted, it’s really hard to juggle sometimes x
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It's a huge shame, because the job is exactly what I want (apart from the longer days, but I could cope with that). If I knew I could be there in the morning and parked without issue and then home in a reasonable time I'd be more than happy to relocate us but I just can't give up a middling job for a great one if it comes with that much baggage!
 
WeepingCassandra said:
It's a huge shame, because the job is exactly what I want (apart from the longer days, but I could cope with that). If I knew I could be there in the morning and parked without issue and then home in a reasonable time I'd be more than happy to relocate us but I just can't give up a middling job for a great one if it comes with that much baggage!
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Probably best to wait it out if you aren't 100% sold. We'll be moving in 2026 (buying a new build) and the commute to my current job will be over an hour, whereas it would be 15 minutes if I was more centrally located. The company just announced that they'll be reviewing staffing and there will be voluntary and compulsory redundancies. I was thinking of moving on any way so it's kind of a done deal for me. I've done the lengthy commute and PITA parking, for my sanity I'd never go back, for my kids I absolutely can't.
 
Jellycat369 said:
Probably best to wait it out if you aren't 100% sold. We'll be moving in 2026 (buying a new build) and the commute to my current job will be over an hour, whereas it would be 15 minutes if I was more centrally located. The company just announced that they'll be reviewing staffing and there will be voluntary and compulsory redundancies. I was thinking of moving on any way so it's kind of a done deal for me. I've done the lengthy commute and PITA parking, for my sanity I'd never go back, for my kids I absolutely can't.
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Yep. This is exactly what I've concluded. I've had it to the hind teeth with stressful parking and commuting and I don't want it any more.

At the moment, I'm lucky that (when I move in January) I'll be 20 - 25 minutes away, with parking pretty much guaranteed as long as I'm there before 7:45 (which I would be as I start at 8). My OH has a 20 minute commute with no parking issues as well, and would have to do an hour long commute too if we moved. It's just not worth it.
 
zetta buttons said:
That sounds horrendous. Tbh I used to work in a city that now has had a 5 year roadwork thing going on near it. If I was still working there I would have either moved house or school because that stretch is awful. They are saying Spring 2025 but no one believes them!

I hope you get things sorted, it’s really hard to juggle sometimes x
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Newcastle? Haha I left a job on the Team Valley last year for one 10 mins up the road and I’ve just taken a new one past the metro centre. Glutton for punishment. X
 
For anyone in the business, does this sound like better ground rent terms?
£200 first 25 years of the term
£400 next 25 years of the term
£600 next 25 years of the term
£800 next 25 years of the term
£800 for the residue of the term
 
whoareyouu said:
Newcastle? Haha I left a job on the Team Valley last year for one 10 mins up the road and I’ve just taken a new one past the metro centre. Glutton for punishment. X
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Yes! I used to stay at work in the hope that the Tyne bridge was chill. It never was. It was 2008 when I worked there so the traffic was nowhere near what it’s like now. I then in my wisdom decided to move to a school that needed an hour down the A19. Hence the house move.
 
yogiessexdubs said:
For anyone in the business, does this sound like better ground rent terms?
£200 first 25 years of the term
£400 next 25 years of the term
£600 next 25 years of the term
£800 next 25 years of the term
£800 for the residue of the term
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I think the fact that it is a fixed amount with a fixed period for when the rises occur will be fine. It's the contracts where you just never know from year to year if a rise will come and how much it will rise by that are problematic. Same as the management fee scam.
 
Hey guys, new poster here looking for any advice if possible lol. FTB with no chain, buying a leasehold flat. Currently 3 months in next week with no sign of completion. We have been a bit neglected IMO, we were told the management pack was ordered at the end of October to then be called on the 28th Nov saying it’s been ordered and paid for now - which then takes 1-2 weeks to arrive and then queries etc. meaning no chance before Christmas. I queried this to be met with “it could’ve been ordered before then we just found out now” BS.

Our solicitor barely replies to us and only works a couple of hours a day and is now on PTO as well as another colleague I emailed today who is also on PTO. It is just a bit frustrating as they preach how they want it to be smooth, exciting process but the main phone line puts you on hold for endless minutes to be put through to someone who can’t even help.

Wondering if anyone has been in this situation before, I don’t want to keep chasing and tbf we haven’t really but we feel really in the dark and so did many others now reading their reviews.

Is there any steps we can take or do we just wait it out?
 
littlefairyprincess said:
Hey guys, new poster here looking for any advice if possible lol. FTB with no chain, buying a leasehold flat. Currently 3 months in next week with no sign of completion. We have been a bit neglected IMO, we were told the management pack was ordered at the end of October to then be called on the 28th Nov saying it’s been ordered and paid for now - which then takes 1-2 weeks to arrive and then queries etc. meaning no chance before Christmas. I queried this to be met with “it could’ve been ordered before then we just found out now” BS.

Our solicitor barely replies to us and only works a couple of hours a day and is now on PTO as well as another colleague I emailed today who is also on PTO. It is just a bit frustrating as they preach how they want it to be smooth, exciting process but the main phone line puts you on hold for endless minutes to be put through to someone who can’t even help.

Wondering if anyone has been in this situation before, I don’t want to keep chasing and tbf we haven’t really but we feel really in the dark and so did many others now reading their reviews.

Is there any steps we can take or do we just wait it out?
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You may have seen my posts on here, it's taking over 8months for me (so far) on a 'no chain' LO flat. All conveyancers seem to be similar honestly, it's not been a great experience (despite being one of the biggest purchases ever). Hang in there.
 
skronkywildcat said:
how long do mortgage offers take to arrive on a solicitor's desk after being verbally approved? It's Santander. It's been over a week.
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We were talking to our lender last week as our fixed rate finishes in February and we weren't sure what our best options were as we're hoping to move in 2026. Any way, long story long, she said that from application to receipt of offer usually takes around a month.
 
My purchase went through in September . I’ve noticed that the house I sold has updated on land registry with the sale date and price but nothing showing for our new house is this anything to worry about?
 
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