We've been thinking about moving house recently so had some valuations for a part ex against the new place we've seen. 3 companies came round yesterday and 2 of them said exactly the same thing. Don't move!
Now the main reason for moving is our place needs a good bit of money spending on it to get it how we want. The new place is just that, brand new. They haven't even started building yet. It's smaller and in a nice area but not nearly as nice as where we are. Do they know something we don't? Is this normal for estate agents to be so vocal? In fact, not just that, we were very clear that if the part ex price was no good, we would sell with them direct so they get even more out of us. For them to say very firmly don't move just struck me as a bit odd.
I play guitar and take photos of stuff. I also like beans on toast.
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Fwiw, you can make your house whatever you want it to be with dedication, money and (most importantly) time. *You cannot change the area you live in, ever.*
And from knowing what I know about the building industry and new builds, I personally would never buy or rent a new build without it being fully completed, ideally for a few years, and if it was a site with multiple dwellings, I would want other people living there first. Just my 2p.
But to focus on the original point, yes it is unusual for estate agents to do this. Maybe they don’t want to do a load of work only for the build of the new place to fall through......
Personally based on this I wouldn't move to a new build either. Maybe that's what they're warning against. Find somewhere a couple of years old where all niggley crap has been taken care of.
Service charges, leasehold chicanery and smaller new build places all add to the hassle.
In older houses predictable things will go wrong (our boiler will need changed soon and the float valve on the cold water tank is starting to go) but in a new house you won't know where all the corners have been cut, and they will definitely have been cut.
Remember, it's easier to criticise than create!
I've been made aware about the snags. We're used to them. Our house is 1930's and there are tons of them! ;-)
I will say, the area we're looking at is far from bad. It's just one of them where if the house we want there is £X you can add 30% to the price to put it on our street. The problem we have is we could easily spend £20k on our place to get it close to being right and then always be doing something else as well but it does have a lot of potential. I do think though we are at or very near the ceiling price so any money spent would just be eating into the equity.
A new house does appeal. Anything that goes wrong gets sorted. Garden takes 45 seconds to sort. Heating bill comes down. We don't pay an extra 4% on top of our council tax for the joy of living in that area. Theres a lot of good stuff about it. The biggest downside for me is that stamp duty alone is £8k! Add to that the other fees and we could have a new kitchen. Or bathroom. Or I could get the roof fixed. Or buy loads of new gear!
I play guitar and take photos of stuff. I also like beans on toast.
Ever.
Let some other poor sod deal with getting all the flaws fixed
https://soundcertified.com/speaker-ohms-calculator/
Seriously: If you value it, take/fetch it yourself
A house in a small development built by a local small builder can be good, but never the big boys, as far as I can tell.