Did exactly the same - when I mentioned our HTB ISAs, they dropped the price down to £250k straight off
Negotiate price on new build property?
- Thread starter Steedie
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Did exactly the same - when I mentioned our HTB ISAs, they dropped the price down to £250k straight off
I've recently bought a new build (completed June 2015). 2 Bed 2 bath apartment in Hertfordshire. I am very happy with it but I have had teething problems. The problems are fixed for free though so it's not that bad. I absolutely love the place overall.
Our developer was Bloor and the development and spec was advertised as high quality/'posh.' I made an offer very early off plan before they had even decided on a price for my property. I asked how much they thought it would go up for and they said between £340k and £350k. I said I'll take it today for £340k and if they pay my stamp duty (which was just over £10k at the time). They got back to me after an hour and said OK.
Speaking to some of my neighbours, the deals that were given varied greatly. Some got stamp paid, others got money off list price (A house worth about £700K got £25k off) and some people were refused financial deals but got things such as flooring and upgraded extras included.
Worth noting my deals were all made before reserving and paying reservation fee.
Our developer was Bloor and the development and spec was advertised as high quality/'posh.' I made an offer very early off plan before they had even decided on a price for my property. I asked how much they thought it would go up for and they said between £340k and £350k. I said I'll take it today for £340k and if they pay my stamp duty (which was just over £10k at the time). They got back to me after an hour and said OK.
Speaking to some of my neighbours, the deals that were given varied greatly. Some got stamp paid, others got money off list price (A house worth about £700K got £25k off) and some people were refused financial deals but got things such as flooring and upgraded extras included.
Worth noting my deals were all made before reserving and paying reservation fee.
My story:
Bellway and Bovis were on the same site, selling very similar houses. Went in to Bellway, first sales woman said no movement on price. Went in to Bovis, who were already £9k more expensive, and they said no movement on price. Walked back to Bellway and sat down with the second sales woman who gave me an instant £7k to play with. Paid for stamp duty, fixtures, lawn (never again!) and money off the house.
I was using Help to Buy, buying off plan.
Bellway and Bovis were on the same site, selling very similar houses. Went in to Bellway, first sales woman said no movement on price. Went in to Bovis, who were already £9k more expensive, and they said no movement on price. Walked back to Bellway and sat down with the second sales woman who gave me an instant £7k to play with. Paid for stamp duty, fixtures, lawn (never again!) and money off the house.
I was using Help to Buy, buying off plan.
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Bought a house for £279,950. Got nothing included at all, no discount, no stamp duty, no nothing, as much as I asked for it.
It was the last house of its type on that phase and they have completely sold out on this phase and now the next so they are very much in demand so that's probably why.
Good news is that the next phase is due to be released in around 2 months time and I've been told that the type of house we've bought will be selling at around £325,000 so I'm happy
Not even moved in and property prices have shot up by £45,000.
Andy
It was the last house of its type on that phase and they have completely sold out on this phase and now the next so they are very much in demand so that's probably why.
Good news is that the next phase is due to be released in around 2 months time and I've been told that the type of house we've bought will be selling at around £325,000 so I'm happy
Not even moved in and property prices have shot up by £45,000.
Andy
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One of the best things I did!
I really wish we got our house early enough in the build process so I could have had network points put in. I assume it's quite a hassle installing them once the walls are up and paint is on.
The builders will make a fuss about it, however a neighbour of ours fitted network points after and just ran all cables through the voids in the walls, straight up onto the attic.
Thinking of doing this myself, however powerlines are doing a good job in the study and wifi is good enough for the smart TV in the bedroom to stream movies from the PC and catchup TV no problem.
One of the best things I did!
This is probably a stupid question but how does this actually work? I'm getting a new build in the summer and want something similar to make it easier to setup a home network. I'll have a smart TV and a XB1 in living room that I'd want a wired connection for, my PC will be going in 2nd bedroom so I'd need ethernet for that, and possibly a smart TV in bedroom too. They have only just started putting the brickwork down so if I'm quick I think I'll be okay.
Is it a case of the builders running ethernet cable to power sockets with a ethernet module on each? Something like this?
Thanks for any help.
I'll have to have a look at the building plans, if we get to see a copy, or I'll just ask to see them again - we do have cable ducts in the house where you can access the cabling easily so I'll have to see whats behind them. Our attic is actually our master bedroom which probably make things a little more tricky. We've not moved in yet (or even exchanged) so I can't go poking around just yet.
I do already have a few powerline adapters which I use in the house I'm in now, so worst case, I'll just use those. I only really want cabling to my office anyway and I've had no issues with them in this house!
From what I read when I looked into it, the developer may have it as an option on the extras list. If not, you could speak to the site manager directly, tell him what you want and he might be able to sort it out with the electricians they use - you would potentially save a lot of money this way as you'll skip the mark up the developers add.
I did read one story where they ran the cables to the points where they wanted, but left them free behind the wall so they could install the faceplate themselves so that the sales exec's wouldn't spot it. That would just mean you'd have to spend a few minutes unscrewing the faceplate, attaching the ethernet on the back and screwing it back on.
That faceplate is also exactly what I would like and use - double power socket with integrated ethernet and usb! I actually want to switch out our socket faceplates so I can add in the usb to some.
edit: Actually that faceplate you linked to skips the need to run any ethernet cables as it uses the existing power circuit, like the powerline adapters I use. You won't get the speeds that you would with ethernet, but it's a great solution if you can't add the cables yourself and stops the need to have big power sockets sticking out! If you wanted to have them in your house, I would speak to the site manager and say you'd like some of those faceplates at specified locations - it doesn't need any extra cabling at all so I don't see why they wouldn't do it (or do it yourself - should be a straight swap over).
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Ask the sales team to put you in touch with the Site Manager as you have some 'technical/specification' questions about the build.
You might be lucky in that he offers to put you in touch with the site spark where you can then discuss your wiring/lighting/network requirements. He'll be able to put them in as a first fix and leave them hidden and then come back once it's signed off and at the time you move in to finish the second fix.
I did this and saved a fortune. All the loops were left in pre-agreed places in the ceiling so holes were cut and downlights were easily installed. TV arials, shaver sockets, power & light to the garage and attic etc.
Not all site managers will do this though and you don't really want the sales team cottoning on to their lost commission on extra's sales.
Edit: There's not much merit to comparing deals as it'll depend on developer, location and how well homes are selling. But for what it's worth in 2011 I was offered £15k off a £275k property, Stamp Duty paid £7-8K (from memory) and £1k towards legals. It was one of eight homes in a particular style, of which only two remained, on the first phase and was not yet built.
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I see thanks. I'd prefer it was done this way to save myself having to feed cables through the wall afterwards and having to pay to get it plastered and painted again.
Yeah that faceplate is a powerline one which would be nice but not essential. I just liked the fact that it had power sockets and ethernet all on one unit.
I'm going to call into site after work and let them know my plans. At the stage the house is at I don't think it will be too much trouble.
Thanks for the help and apologies to the OP for the slight thread hijack.