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confused about newbuild v older property and a bit stressed!

14 replies

ouchmyfanjo · 07/08/2012 22:09

hi again.i am trying to decide whether to go for new build off plan and am now really confused.
I had set my heart on it despite a couple of issues.it is a bit more than we wanted to spend but i figure we will make savings in energy bills and maintenance costs (we currently live in a small victorian detached which is a money pit).
I thought it was all on but my dp seems to have put the brakes on.he is worried about buying something that hasnt even been built yet.he is also now worried about the money although i think we will have enough and at least have the knowledge that nothing major would need to be done to it or if it did it should be under nhbc.
We have looked again at older properties but none seem as practical and i dear all would need money thrown at them.
I feel really confused and more than a bit disappointed.has anyone got any experience/words of wisdom to share?
I should add we are under pressure to commit to the newbuild asap if we want to ensure it is ours.i dont want to lose it but want us both to be sure.sorry for the blurted out confused post.it is how i currently feel.

OP posts:
oreocrumbs · 07/08/2012 23:03

Have you considered a house that is a few years old. There can be problems with a new build - more time and energy draining than financial but often a bit of a headache to get sorted.

As an example my house is 6 years old. I bought it when it was 2 years old, all of the initial snagging had been seen to, the garden was becoming established, all of the little extras like light fittings and doorhandles etc were in, and in my case the previous owner had made changes to the house (adding a utility room, knocking through 2 bedrooms and putting in a swish family bathroom).

You have the remaining NHBC, and if you get one that is pretty new it may still be under builders waranty too.

You also know what the estate is actually going to look like. Everything is built so you can see what your view will be. My friend bought a show house a few years ago with a lovely front garden. When moving day came the front garden had been replaced with a footpath just outside their door. Not the end of the world, but not what they thought they were getting.

The big plus of buying these houses is the price. We like many others in this age of house have found ourselves in no mans land. New build estates are selling a bit cheaper with lots of perks e.g part exchange, 5% deposit, lots of extras. In an area like mine where we have 3 new build estates currently building on our doorstep no one can sell their house.

Despite the fact that I live in a new house, this was actually an accident. I much prefer older houses. They can cost more to run, but one that has been well modernised should be not too far off/equal to a new build. Have you looked into that? New double glazing, cavity wall insulation, upgraded roof insulation, modern boiler that type of thing.

Just another thought. Haven't answered your question though, just thrown a few more into the mix, oops Grin.

Schoolworries · 08/08/2012 01:27

It must be hard, but I dont blame your dp. I would want to see the house too. Its such a huge commitment.

Like Oreo, I live in a new house that is only a decade old but dearly love a period propery.

Infact I dont like living in a new house and spend lots of time trying inject some character into the place. Its looking ok now, but its still not the same as real period property.

I suppose its practical with having such young children though and not lots of spare money.

Are you sure you want to give up that character though?

ouchmyfanjo · 08/08/2012 06:39

thanks oreo and school.yes you have thrown more considerations into the mix but that is what i need to make sure we do the right thing for us.
Oreo we have looked at some newer properties but find them expensive and not as much space as the plans for the new build.a big plus is also that it is a close with overlooking trees but with not enough room to develop.i am going to check with planning office but it just seems nice.sorry that is my heart talking again!
School i hear what you say about the character.maybe it is a case of the grass is greener and i take the features for granted but at the moment i find the lack of space and all the maintenance which the place needs just too much to cope with.
I also agree about modernising an old house but we are looking at moving out of the area a bit for schools.where we are looking is more expensive.modernised and improved period properties are over our budget.those that aren't are either as small as we have now or in need of a lot of work.
I am still in a quandry and just feeling overwhelmed and a bit negative.sorry but i will think on what you have both said and see what today brings!

OP posts:
oreocrumbs · 08/08/2012 09:22

There is nothing wrong with being in love with the house!

These points are just for you to consider, if you are going to be in a nice setting thats great - we are here, its why we bought the house.

WRT the older new houses feeling smaller I would advise you to check the measurements because the show house for your design of property is designed and decorated with things giving the right flow, and to visually maximise floor space.

If you work out the square footage of the houses you are viewing/considering that can be a helpful number to know.

Regardless of any of our preferances, there are benefits to a new build and as long as you like the house thats all that matters.

MissPollysTrolleyed · 08/08/2012 10:06

I think Oreo's suggestion is an excellent one and give you what you want but should allay your husband's concerns about buying off plan.

Although period houses are lovely, people will generally have spent a lot of money on them to make them fit today's needs - adding an en-suite or a cloakroom, converting the loft, extending the kitchen - so they cost a lot more than a fairly new build that was built to meet today's living needs.

Good luck with your move!

ouchmyfanjo · 08/08/2012 12:59

thank you to both of you.i will work out square footage.that is a good suggestion.dont know why but i am just feeling down about it today.i should have called the agents wrt the new place but have decided to have a day off from it all.if it is urgent they will call me.i am going to let my thoughts settle. I will keep you posted if that is ok.dp is not one for much discussion so it is nice to have you here!

OP posts:
oreocrumbs · 08/08/2012 21:19

Oh yes keep us updated! I can talk about houses all day long. Poor DP just rolls his eyes and says 'yes dear'.

Schoolworries · 08/08/2012 23:47

I have been thinking about your quandry.

Even though I do still fantaise about my period property one day with a real working fire and big range cooker, I do also think this newer house is the best for our family right now.

I do think if you have children space and proxmity to schools has to be a the top of the list. Once your children have finished school then you can be freed up with house choice.

If you do find yourself craving character then there is no reason you have to decorate it in a modern style. Im a bit of an ideal home magazine addict and have been surprised by some houses in recent issues to find they were actually new build as they had filled them with antique furntiure, added beams, installed wood bruners ect. I wonder if a new trend we will see emerge is people buying new for the space, price and practaclities but then setting to work to make the home have an older feel.

We have done quite a bit of work to our home recently to make it more cosy and homely and intrestingly the last 2 people to visit described our house as a cottage!

Another advantage of living on a development is the community feel. My dd has lots of children to play with at a moments notice and there are lots of neighbours events. I also feel very safe. You are surrounded by people which makes me feel really secure. You always have people on hand for emergencies.

I think its very normal to have cold feet at some point about any house. Its a big deal.

Fizzylemonade · 09/08/2012 07:26

We have always lived in new builds, rented 2, one of which was brand new and owned 3. The brand new one was lovely, but there wasn't a proper road laid for months and it plays havoc with your car Grin

Also the noise of the remaining houses being built was a slight issue but only because of the hours I worked back then.

The one we live in now is 13 years old and is the ex-show home but we only bought it 2 years ago.

It is now the time to replace everything because although it has been maintained everything is the original, from the kitchen, bathroom, complete with gold wallpaper and gold taps Grin

But, I know that when we come to replace the carpet/ktichen/en-suite, it should be fairly straight forward unlike my friend who has a beautiful period property. When she removed tiles from the bathroom wall, the whole wall came down, plaster and all in one giant sheet! She dreads any renovation as it costs her far more than she thinks due to unforeseen stuff.

I know people are snobby about new builds but I love this estate, I love this house, not only its location on the estate but how close it is to network links. Yes, I would love a period property but only a new build version Shock Blush

Rhubarbgarden · 09/08/2012 13:50

Just want to second what Schoolworries said about cold feet being normal. We are in the process of buying the house of our dreams in our dream location, after years of searching. And my feet are like icebergs right now. I've been wobbling all over the place for the last week and wondering if I should call the whole thing off.

It's par for the course with such a massive decision.

oreocrumbs · 09/08/2012 15:35

Is everything still going through ok Rhubarb?

Rhubarbgarden · 09/08/2012 18:26

Some ishoos around the mortgage (yep, bloody HSBC as usual) which have delayed things slightly, but apart from that it all seems to be ok. There might be a gap between the sale and the purchase though, which could be interesting - buyers are adamant we have to be out beginning sept; not sure sofa surfing is an option these days with a toddler, a baby and two cats. Shock

I can't fathom why I am having cold feet after pining to move back to Sussex for the past six years Confused but there you go - just obtuse human nature I guess! And I'll miss my friends... I'm sure I'll get over it.

oreocrumbs · 09/08/2012 21:15

Change is always daunting, even when its your hearts desire. Have you looked into holiday lets if you only need accomodation for a few weeks? Might be a better option than sofa hoping with the whole clan!

I can't even say HSBC without snarling so you have my full sympathy there Grin

Rhubarbgarden · 09/08/2012 22:06

I don't think holiday lets will allow cats, and I don't want to put them in prison kennels. I think we are going to just have to try to stall our sale a bit; though our buyers will hate us for it.

I've always found change really exciting in the past, I don't know what's got into me this time. Age, I suppose. Shock

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