LiveAndLetBuy Posted August 4, 2009 Share Posted August 4, 2009 http://www.timesonline.co.uk/tol/money/pro...icle6739354.ece At least the article mentions that it's only cash buyers doing this, since lenders still won't go near new builds. Quote Link to comment Share on other sites More sharing options...
abharrisson Posted August 5, 2009 Share Posted August 5, 2009 I've said it hundreds of times before... but.. you'd be nuts to buy any type of new build property (except in very rare circumstances).... most people aren't savvy enouhg to spot where they are being ripped off by developers, in fact most are convinced they got a good deal.. of course its especially true of flats. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted August 5, 2009 Share Posted August 5, 2009 They call him Flipper, Flipper, faster than lightning, No one you see, is smarter than he, And we know Flipper, lives in a world full of profit, Flying there under, a true BMV! Quote Link to comment Share on other sites More sharing options...
shedfish Posted August 5, 2009 Share Posted August 5, 2009 i think Rebecca OConnor still has a flat or 2 to shift Quote Link to comment Share on other sites More sharing options...
lurker07 Posted August 5, 2009 Share Posted August 5, 2009 i know i would be swayed with incentives such as "fitted wardrobes". Quote Link to comment Share on other sites More sharing options...
Cinnamon Posted August 5, 2009 Share Posted August 5, 2009 The old version of that kind of story used to be the 'recipe' to 'teach' kids how to catch a rabbit: you sneak close up with a pinch of salt in your hand and surreptitiously sprinkle it onto the bunnies' tail. Rather than hop away, the creature will be compelled to lick the salt off it's tail, at which point you can easily grab it (for a free lunch, muhahaha) Happy hunting Quote Link to comment Share on other sites More sharing options...
Charterhouse Posted August 5, 2009 Share Posted August 5, 2009 90% of the time you are right, especially in the over-BTL'd areas like Birmingham, Manchester, Leeds, Croydon, Woking, Ipswich, but for new build stuff in decent areas that isn't surrounded by BTL, sometimes you get a gem off plan. Personally I think the collapse in these properties is starting to present a cheeky bidding opportunity. Quote Link to comment Share on other sites More sharing options...
Neverland Posted August 5, 2009 Share Posted August 5, 2009 90% of the time you are right, especially in the over-BTL'd areas like Birmingham, Manchester, Leeds, Croydon, Woking, Ipswich, but for new build stuff in decent areas that isn't surrounded by BTL, sometimes you get a gem off plan.Personally I think the collapse in these properties is starting to present a cheeky bidding opportunity. Go on, try the bridging loan thing again, I'm dying to see how well it goes? Quote Link to comment Share on other sites More sharing options...
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