My feed
Premium

Please
or
to access all these features

Join our Property forum for renovation, DIY, and house selling advice.

Property/DIY

New builds - how much are developers likely to accept below asking price?

8 replies

MrsFogi · 15/11/2012 21:43

The question says it all really - is there more haggle room with developers than there is with private sellers or is the price the one that's on the tin?

OP posts:
MrsjREwing · 15/11/2012 21:45

I gather it depends on the developers year end, how close the property is to being built, less for a house that is watertight and fitted out than one off plan .

MrsBucketxx · 16/11/2012 08:55

we bought under the asking price with a large developer and got lots of extras too.

but we had already sold and where in a good position.

it was only 13 grand though. better than nowt i suppose.

Vickibee · 16/11/2012 08:58

My friend got loads of help, her buyer was going to pull out as it needed damp proof course and roof repairs. Taylor Wilpey paid for the repairs so the sale could proceed nearly 10000 and paid her stamp duty and solicitors and estate agent fees.

NotQuintAtAllOhNo · 16/11/2012 09:02

I think you can try offer between 10% and 15% under the asking price.
I was checking on a couple of new builds a few years ago, but did not go ahead. When checking the sold prices recently for the same development, I realized they had sold for approximately, 10% less than asked. They were on the market for between 750k and 894k (3 or 4 beds)

MrsFogi · 18/11/2012 20:53

Thanks for all the replies. Would any of you mind letting me know what extras (in addition to those mentioned so far) I could ask for?

OP posts:
SpecialAgentSpade · 25/11/2012 23:44

i looked at a new build on at £150,000. was told developers would consider in the region of £130,000-£135,000. was the last one in a development of 6 properties.

herhonesty · 26/11/2012 07:24

I'd go as low as you dare. They can only say no!

sparkle9 · 26/11/2012 23:43

This reply has been deleted

Message withdrawn at poster's request.

Please create an account

To comment on this thread you need to create a Mumsnet account.