Fuzzb3k, what were your experiences with Taylor Wimpey for that development? I actually phoned a couple of the developments earlier this week to get a feel for what stage the developments (Woodlands/Oaklands) were at in terms of projected completion dates etc for available plots. How much were you able to negotiate off the list price?
My gut feeling is probably I should look for something secondhand nearer the station, but I haven't totally discounted it.
To give you an idea of timescales, we originally reserved our plot in April 2013 and were given a completion date of September 2013. We didn't actually complete until 22nd Dec 2013 due to various delays in the build process (weather, wrong staircase! etc.). It wasn't an ideal time to complete with Xmas just round the corner, so Taylor Wimpey gave us a cheque for a months rent to cover the overlap. A lot of our neighbours completed on the same day, so it seems that the delays were down to general issues. I'd factor in a 2 month delay on any date they quote you.
We used the NewBuy scheme because we didn't have enough saved for a deposit on the property we wanted, which meant that we only needed a 5% deposit initially. A consequence of using such a scheme is that Taylor Wimpey weren't allowed to offer any discounts. Our mortgage provider, Halifax, were pretty strict about this. In the end TW paid for our kitchen appliances (which I bought separately) by discounting the price by £2,000.
If you weren't using a scheme such as NewBuy or Help to Buy, then you could probably negotiate a better discount. I've heard of people negotiating discounts of 10 - 20% on other developments, but the level of discount differs from development to development depending on supply & demand. This development is quite popular and new plots tend to sell quite quickly, so that might count against you when negotiating. TW would probably be more inclined to offer you a discount in the way of paying for carpets, upgrades & appliances rather than discounting the price, because reducing the price would adversely affect the price of newer plots.
There have been some fundamental systemic problems on this development which has resulted in an organisational change within TW. The new organisation appear to be committed to resolving snags much faster than before, and initial impressions are good. We still have some snags from over 2 years ago that have yet to be resolved, despite constantly chasing TW. A new build will give you plenty of headaches trying to get all the snags resolved.
Overall I'd advise you to trust your gut and buy something a little older rather than going for a new build, unless you need to use one of the mortgage schemes (NewBuy, Help to Buy etc.).