How to Put in an Offer
In this guide,, we’ve explained more about the offer process for new-build homes and what you can do to help secure your first property with your chosen developer.
Consider negotiation first
Once you’ve found a development and/or a particular property you like and you have an idea of how much you can afford, you can then look to negotiate with the developer before you make a final purchase offer. Here is an example of the types of deals and extras you could look to secure:
Better fixtures and fittings
If the overall price is non-negotiable, you may want to try to secure some free upgrades to better fixtures and fittings. This could include everything from your bath taps to the quality of your flooring.
Free furnishings
In some cases, you might be able to get free furnishings. Things like wardrobes, beds and extra cupboards can be beneficial, particularly if you’re a first-time buyer, as it’s likely you won’t have a huge amount of furniture already.
Legal fees
It can also happen that if you ask, your developer will pay for things like your legal fees. Again, having this little discount can make a big difference as a first-time buyer.
How to make that final offer
Whether or not you choose to look into the negotiations, as mentioned earlier, is up to you. Still, if you’re happy and comfortable with the cost of your new build you can then speak with the sales team at your chosen development and make your final offer. It can just be a matter of confidence as well, and you should follow the old adage that ‘if you don’t ask, you don’t get’.
When your offer is accepted, you may also need to pay a reservation fee—this is common with new builds, especially if you’re buying off-plan.
For more advice as first-time buyers, click here.