Jump to content
House Price Crash Forum
Sign in to follow this  
getdoon_weebobby

Bt9 House Available At First Fix Stage

Recommended Posts

http://btwcairns.com/property_specific.aspx?ID=16190

http://www.propertynews.com/brochure.php?r=1&c=550&s=107759246&i=5&p=ECSECS22111

I have seen this 2500 Sq Ft property is / was on with UPS @ 595K

http://www.ulsterpropertysales.co.uk/brochure.aspx?branchid=2&ID=31864

now on with BTW Cairns @ 375K

"•Property Is Partially Contstructed And Represents An Excellent Opportunity For Cash Buyers"

"The property has been completed to first fix stage"

looks like a failed development project

no funds to complete perhaps

is it unmortgageable because its in an unfinished state ?

or because its a new build that you wouldnt be able to get the 10 year new build guarantee that all new builds must have ?

lastly , anyone offer a guesstimate on competion costs ?

Edited by getdoon_weebobby

Share this post


Link to post
Share on other sites

Personally, I wouldn't touch it. Unless you are in the building game yourself, or you have some good contacts. Many builders wouldnt take on this project as they would have to stand over the work already done. Mortgage finance shouldn't be a problem if you go to a local high street bank. I know Northern and BOI would lend against this. I recently got approved for a mortgage on a builder finish house from Northern. Nationwide BS wouldn't touch if didnt't have a kitchen and bathroom. They would class it as selfbuild, which they no longer offer.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

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.