u/Electronic-Rub-7129

First offer on a new build: how low did you go?

Hey everyone, hoping to get some advice from people who recently bought a new-build house around London 👋

We’ve found a property we really like and are about to make an offer, but since it seems to be a buyer’s market right now, we’re trying to figure out how aggressive we should be with the first offer and where people realistically ended up settling.

Would love to hear about your experiences:
- How much below the asking price did you go with your first offer?
- What discount did you actually end up getting in the end?
- Did developers negotiate more on price or through incentives/extras?

We are thinking of asking them to full stamp duty abd 10% gifted deposit as our first offee. Is this reasonable?

Any guidance would be highly appreciated 🙏🏻

reddit.com
u/Electronic-Rub-7129 — 4 days ago
▲ 1 r/UKRealEstate+1 crossposts

First offer on a new build (London area) - how low did you go?

Hey everyone, hoping to get some advice from people who recently bought a new-build house around London 👋

We’ve found a property we really like and are about to make an offer, but since it seems to be a buyer’s market right now, we’re trying to figure out how aggressive we should be with the first offer and where people realistically ended up settling.

Would love to hear about your experiences:
- How much below the asking price did you go with your first offer?
- What discount did you actually end up getting in the end?
- Did developers negotiate more on price or through incentives/extras?

We are thinking of asking them to full stamp duty abd 10% gifted deposit as our first offee. Is this reasonable?

Any guidance would be highly appreciated 🙏🏻

reddit.com
u/Electronic-Rub-7129 — 4 days ago

First offer on a new build (London area) - how low did you go?

Hey everyone, hoping to get some advice from people who recently bought a new-build house around London 👋

We’ve found a property we really like and are about to make an offer, but since it seems to be a buyer’s market right now, we’re trying to figure out how aggressive we should be with the first offer and where people realistically ended up settling.

Would love to hear about your experiences:
- How much below the asking price did you go with your first offer?
- What discount did you actually end up getting in the end?
- Did developers negotiate more on price or through incentives/extras?

Any guidance would be highly appreciated 🙏🏻

reddit.com
u/Electronic-Rub-7129 — 5 days ago