Jump to content
House Price Crash Forum


This topic is now archived and is closed to further replies.


Development Update

Recommended Posts

A few ago weeks I made a slightly bullish post about how one of the major national housebuilders had just begun work on a browfield development in Mytown, of around 100 dwellings. The developer even hired a shop in the town centre as a showroom. Within a week or two big signs appeared saying over 50% of the houses had been sold already, off-plan.

Yesterday I noticed the sales office was closed, with the desk and everything gone and bits of paper on the floor, but still with the window display intact. So I walked up to the new development. Work going on apace. The first 5 or 6 houses have been completed - with amazing speed. One of them is the show house, which could explain the closure of the town centre sales office.

BUT...The other 4 or 5 completed houses all had boards outside with plot numbers, but none said 'sold' or 'reserved'. So if 50% were already sold weeks ago, how come none of the completed ones appeared to be sold?????

The completed houses looked to be about the most desirable of the whole development, going by position and outlook.

Oops, I meant to put this in anecdotals, not off-topic!

Share this post

Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   296 members have voted

    1. 1. Which of the Prime Minister's options would you choose?

      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.