O
oyster1
Guest
Hi
I placed a deposit on a house in a new development 8 weeks ago. Since then I've been oked for a mortgage. The auctioneers have not been in contact with me since I paid the deposit. Now I'm thinking of telling the auctioneer I've only got 3% less than their asking price which would make it a lot easier on me. I've visited the development a few times and work looks very slow on the remaining houses plus he has planning for extra stages which have not started. I guess the reason they have not contacted me is that no one else has looked at it(is this correct)and with interest rates moving up next month things could get slower. Has anyone experience of this and is offering a lower price on a new development the done thing now and how long does a deposit hold a house.
I placed a deposit on a house in a new development 8 weeks ago. Since then I've been oked for a mortgage. The auctioneers have not been in contact with me since I paid the deposit. Now I'm thinking of telling the auctioneer I've only got 3% less than their asking price which would make it a lot easier on me. I've visited the development a few times and work looks very slow on the remaining houses plus he has planning for extra stages which have not started. I guess the reason they have not contacted me is that no one else has looked at it(is this correct)and with interest rates moving up next month things could get slower. Has anyone experience of this and is offering a lower price on a new development the done thing now and how long does a deposit hold a house.