First Time Buyer- Mortgage Rate Advice * NOW BEEN F*CKED OVER BY BUILDER!* - Corsa Sport - for Vauxhall and Opel Corsa B, Corsa C and Corsa D

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Corsa Sport » Message Board » Off Day » House Day » First Time Buyer- Mortgage Rate Advice * NOW BEEN F*CKED OVER BY BUILDER!*

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VegasPhil

Premium Member

Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline

18th Apr 09 at 12:42

You better have got your reservation fee back then!

Corsa 2.0 16v Vegas - Sold

Bram

Member

Registered: 25th Mar 02
Location: Derby
User status: Offline

18th Apr 09 at 15:13

Yeah they've said they'll pay it back but we haven't been to sort it out yet. Until they refund it the property is off the market!

Rob_Quads

Member

Registered: 29th Mar 01
Location: southampton
User status: Offline

20th Apr 09 at 19:29

Be very careful about builders putting the price up as it could cause chaos when trying to get the mortgage i.e. if the mortgage companies don't think its worth what you have paid for it then it may affect what your actual LTV amount it.

Usually more of a problem where people ordered houses a while back but stlil possible on new ones specially with the way prices are moving around at the mo

Bram

Member

Registered: 25th Mar 02
Location: Derby
User status: Offline

21st Apr 09 at 17:20

MD has come back and said that the offer should never have been accepted at £155k as their profit threshold is £167k. He'll accept an offer of £163k which is still a good price I think considering 2 identical properties on the street sold at £195k and £185k last year?

John

Member

Registered: 30th Jun 03
User status: Offline

21st Apr 09 at 17:22

Sounds like BS.

Profit threshold is 167 but he'll just accept 163 off you anyway.

Mad Moe

Member

Registered: 14th Jun 01
Location: Northumberland
User status: Offline

21st Apr 09 at 18:53

Agree with John if his threshold is £167K why would he be willing to consider less than that unless he was desperate to sell. Try him at £160K and see what he says

a_j_mair

Member

Registered: 23rd Jan 04
Location: Scotland
User status: Offline

23rd Apr 09 at 11:02

if thats how they conduct buisness i dread to think what the quality of there buildings are

i take the money and tell them to fuck off

Bram

Member

Registered: 25th Mar 02
Location: Derby
User status: Offline

24th Apr 09 at 15:02

They won't sell it at any less now that the housing market has taken an upturn! Had a mortgage agreed in principle so going to sign AGAIN this weekend.