Hello! We've finally found a lovely house to buy but the people who own the property that our sellers are buying are moving into a new build. The new build is due to be ready by November but I've heard terrible stories about delays with new builds, sometimes up to a year. The estate agent we're buying through reckons it really will be available from Nov and the people at the top of the chain have already completed on it (though have heard this makes no difference). What are your experiences with new builds and move in dates?
Our buyers are willing to wait until November but are keen to exchange soon. I'm presuming a November move-in date will be added to the contract. But what if the new build isn't ready? I've heard it's the people at the top of the chain who will be pressured to then move out and rent unless they wish to incur penalty charges? We don't want to rent so whatever happens, we won't be moving until the house we're buying is empty.
Thanks!
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Are new builds ever ready when the builders say they will be?
3 replies
TrixieLox · 31/07/2015 13:30
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