Pulling out just before exchange

[Randallthecat]

I have another thread running asking about lpg gas on a new metered estate.
The house is great but the thought of my bills being astronomical (on top of an increased mortgage) is giving us a bad feeling.
When we offered on this house we were told LPG gas was just the same as mains gas, marginally more expensive, no supply issues etc.
Now our solicitor has sent us an info sheet where basically we’re stuck to one supplier and our concern is that the fuel price will rise and we will be effectively be a captive audience, at the whim of the supplier.
So, two weeks before exchange we are considering pulling out. Naturally we don’t want to upset our buyer but equally in the light of this new information this house isn’t feeling as ‘right’ as it did and not wanting to upset our buyer isn’t a reason to buy a house that’s not right.
Anyone pulled out this close to exchange?

Ok
So 40 houses
100s people

If it was a shite deal, they’d be pushback and change

@lentilsforever you have a point, but it’s the future I am thinking about.

Why dont you ask a neighbour thats already living there, for an idea of their heating costs?

@callmeadoctor

Why dont you ask a neighbour thats already living there, for an idea of their heating costs?

First thing I would have done if I really wanted the place

I would go for it and I’m risk averse . I’m in a very cold house sitting with a blanket on my lap to avoid spending too much on heating; I love the sound of a well insulated house.

Also it may not be a long term issue. As the house is new and well insulated have you looked at the possibility of installing and air source heat pump? Might not be right for you but it's another avenue to look at and grants are available.

I live in a house with LPG also with Flogas, same set up, been here nearly 20 years so my house will not have as much insulation as a new build.

We pay £40 per month DD, we are so much in credit they wanted to put it down to £4 per month, we said no we wanted a buffer for winter.

We have all got together on our estate and have a main contact with the company and they negotiate a better price and we have to get so many residents to agree to sign a new contract to get the new price it has worked so far.

If you’re already a few thousand £ down with fees etc, surely even big Lpg bills will be less expensive than throwing that away?

I TOTALLY misunderstood the thread title....

Can I just say though, whilst my house is not LPG, I too live in a new build and wow it can get coooooold!
Sure, different developers have different standards of build but the general consensus is that new builds are well insulated...Ha! Mine doesn't feel like it has at all. My energy bills are over £100 per month and we still have to have heating on in spring & mid September! Even in October if I didn't have the heating on at least 17/18 degrees at night, I'd be getting the dreaded cold nose in bed! (I hate that!)

I think people forget that despite your underlay & carpet, new builds (usually) have concrete floors on the ground floor.

@PumpkinsandTea did you move in from new? And have you checked the insulation in your loft? Ours wasn’t thick enough - should have been 300mm but was only 150mm, and the house definitely feels warmer so far this winter than it did last year. The builders did actually put enough insulation in but apparently it was a bad batch and just never expanded, so the insulation suppliers had to fix it.

We pulled out very late, the vendors were naturally very pissed off with us but re-marketed the house with a few better pics and at 50k more than the price we’d have paid and sold it again within a couple of weeks, prob close to revised asking price, so stopped feeling bad then! If you otherwise love the house though it maybe better to see if you can re-negotiate on rice rather than pull out completely

Price not rice!

@ALbigbump
You must have been kicking yourselves!

[quote Vinniepolis]@PumpkinsandTea did you move in from new? And have you checked the insulation in your loft? Ours wasn’t thick enough - should have been 300mm but was only 150mm, and the house definitely feels warmer so far this winter than it did last year. The builders did actually put enough insulation in but apparently it was a bad batch and just never expanded, so the insulation suppliers had to fix it.[/quote]
Yes we did move in from new. I haven't been in the lost as the hatch is absolutely tiny and directly above the stairs! Worth knowing though, thank you

Hmmm I loved in a new build there for 6 years and it was so warm I think I’d the heat on twice last year!! Never used it and the bills were cheap

But as others have said you won’t know until you move in weather that’s the case with your place :(