Savings and Investments thread

shine166

valleynick66 said:

shine166 said:

Yeah we've got no plans to go the SO route, was just concerned the outright buys were over priced, which they kinda do tend to be as you're paying for the pleasure of walking into a new property.

If you are happy with the price of the  property you want don’t worry what someone else pays / doesn’t pay. A home first. Investment second. 

I hear you, but spending 400k on a property is definitely an investment. If we had to move in 5 years id like to think I've not been over charged and have half a chance of getting my money back. Its about me not being over charged rather than not wanting someone else to have a better deal.

Weve backed out for now anyway, in the hope that some of the 'extras' like flooring and turf get added to the price. 

Friend Or Defoe

shine166 said:

We are currently looking at a new build in our local area, its priced at 375k plus fittings. The house next door is exactly the same, but available on the shared ownership scheme. They've valued it at 335k including fittings, is this normal ? I presumed the affordable housing system benefitted the buyer by owning a % to get on the ladder, rather than being a actual lower ticket price too.

Is it just the SO part? Does one have a better view? I'm being serious btw!

Granville Park have identical houses with the one next door being worth a lot more due to having an SE3 post code.