ed
Member
Registered: 10th Sep 03
User status: Offline
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What kind of discount would you expect to be able to blag if you bought off of plan? I am still looking for a flat to move into in Birmingham, there are so many new developments all over the place, but I think the place to buy is in the Jewelery Quater for the best return on the investment.
I have seen some developers offer a 20% discount if you put the deposit down on an apartment thats due to be completed sometime at the end of next year. They are going for £120k and up with no discount but are no good for me as I am buying the place to live in 
[Edited on 13-06-2007 by ed]
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BYRON
Member
Registered: 1st Jun 04
User status: Offline
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Were were getting up to 20% in some developments, others only 5%.
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Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
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they are a lot lower than they used to be due to the huge numbers who want to do it.
Some of the apartments in Beetham Tower in Manchester had changed hands 4 or 5 times before they were even completed
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A1EX
Member
Registered: 29th Mar 00
Location: Turku, Finland
User status: Offline
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buying off plan like that is usually for investment purposes till the place is finished, most ppl will buy put a deposit down pay installments then sell on when its worth more making a profit etc
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