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Any Tips For Negotiating A Price On A New Build Property?

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Good Morning Folks

My wife and I are looking to buy a 3 bedroom new build property. The developers have priced it at £120k. However, I often hear that you can actually get large discounts from the builders on new build property.

Could someone be kind enough of to tell me what points I should raise in order to get any discount?

Thanks in advance for your responses.

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Never done it myself - but I've heard end of year, perhaps even end of month, they are more amenable to discounts. My guess is that new build will have plenty of snags (discount for inconvenience of fixing?) and perhaps the opportunity to get extras?

Make sure you get any of this in writing though.

If the roof isn't south facing, insist that you were planning to install PV and therefore you'll lose out on feed-in tariff due to less than optimal location perhaps. Even if you had no intention of doing so.

I don't know, get creative with what you don't like about the location or other things that can't be changed (eg moving in date if still being built).

Edited by StainlessSteelCat

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Thanks for your replies, folks.

TheCountOfNowhere - Why wouldn't you buy a new build?

I think it is a good idea since I am hopeless at DIY, and a new build will hopefully give me peace of mind.

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I think it is a good idea since I am hopeless at DIY, and a new build will hopefully give me peace of mind.

I suppose the thinking has always been that an older home has had time to bed in and any inherent issues should have been ironed out by the point of you purchasing. Plus it is believed that older homes were built to a much higher standard than current ones and have larger rooms and gardens.

New builds, especially in this day and age, are assumed to have been thrown up and crammed into the smallest spaces possible to maximise profit to the developers. So unless this is a specialist developer who works to given specifications or standards then profit is all they are concerned about. With that in mind your DIY skills may be needed after all!

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