We are interested in a specific plot in a new development. We are currently under offer. BUT it will take 9 months to complete, so they don't release the plot for reservation. Once it's open for reservation, you must be under offer and they want to exchange contracts with an open completion date. Which means I'd have to ask everyone below in the chain to please exchange contracts, wait for 6+ months for our house to be finished and then be able to complete within 10 days!
When I asked about PX, they said they can only offer this once the roof is on which means there is a chance that someone else swoops in between release date and roof-on time. How is that right?
Renting is not an option for us. We have two small children and pets, and many rental places don't allow pets (and some not even children). Not to mention that the money I'd spend on renting would be money I could use to pay mortgage off.
Am I misunderstanding the process? It feels as if developers are not interested in selling. Zero flexibility on the PX part. Most importantly: I also don't want to mess our buyers around. We are actively looking for alternatives but nothing seems to tick all the boxes.