crh17

http://www.rightmove.co.uk/new-homes-for-sale/property-39743066.html?premiumA=true five minutes from the station and we both commute into london. I think you are being slightly too negative you can raise the point of us both losing our jobs but then a meteor could strike the earth on december 21st. A 5% mortgage is the only option available at the moment to us. I looked into the service charge and its 105 per year including ground rent. i've rented a new build flat for the last five years so i'm well aware of what i'm getting into. Negative equity is a serious concern hence why i don't want to pay the asking price.

from looking at the land registry people have paid full price at two of the units there although they have only sold 4 out of 80, but totally agree with you about never paying full price it just seems crazy

that's the thing really i was expecting them to come back with at least some sort of counter offer and not shut the process down completely. Unless we'll be getting a call in the next couple of days

After lurking here for a bit and finding it invaluable for research my fiancé and myself and my fiancee decided to put in an offer on a new build Barratt flat. The flat was listed at 262,995 and after researching here we put in an offer of 220,000 to start off the negotition process. After giving them the offer on the phone, the agent said that it was very low and that if it was a couple of thousand reduction it wouldn't be a problem, but he would pass the offer onto his colleague who we were dealing with. We had a call from the original guy we were dealing with and his flat response was that we don't take offers on the development and we especially don't take them if your doing the new buy scheme. My response to that was that i've looked on the land registry and advised him he had already sold one for 230,000; and so obviously they have already been giving discounts. He came back with house prices have risen in the six month period. I also mentioned that it didn't matter if we were on the new buy or not because we could walk into a bank and get the deal over the counter (having been advised just prior to this that we had 'flown' through the application process for a 95% mortgage with a very well know bank), when going through the process for the 'new buy' scheme. Basically i'm thinking that we've dodged a bullet here because if we had paid list price for it, we'd have ended up in negative equity, especially as they have sold a plot previously for considerably less. I did think he was giving us the sales spiel when he said they haven't had to discount because they have all sold so quickly, as they have only sold one plot in the style that we were interested in the entire building. Thoughts anyone?