mancitymick
Well-Known Member
johnmc said:mancitymick said:Thaksins Love Child said:Thought I'd bump this.
Have a 10k deposit but trying to bump this up to 15k as it gives me access to lower interest rates, higher mortgage.
I think I'd like to buy a new build. Guess there are pros and cons to it. Just on the first step but quite excited about it.
Dont get a new build. Yes, it is great that you are the first to live in it and nicely decorated however they are a lot smaller in side. Also with a older house you can do research on the area. Crime etc, drive around in the evening and see what the neighbour hood is like and also get a feel for what your new neighbours are like. You dont get that with a new build
What? A new build is smaller? What if its bigger though? Bit of a strange statement really.
A new build is also in an area with crime rates and the like. You don't get to see what your neighbours are like with a new build or an existing house either. How you going to know that??
First hand. I had a new build. A 3 bed Semi, compare it with a lets say 1960's Semi big difference in size. I also mean by a new build nobody knows anyone. If you go to an area you know there are enough websites about that can go in detail about crime on that street etc. A lot of the houses / Flats on the one i was on were bought for the rental market. I had plenty of problems